Fortis Raises $20M in Series A Funding to Revolutionize Retail Tech and Fintech in MENA Region

Dubai-based Fortis, a leading provider of retail tech and fintech solutions for SMEs, has successfully completed its Series A funding round. The $20 million investment, led by Opportunity Venture (Asia), marks a significant milestone in Fortis' mission to transform the retail and fintech landscape in the Middle East and North Africa.

With a decade of experience, Fortis empowers entrepreneurs to manage offline and online transactions, streamline orders, and implement personalized loyalty programs. The expansion into the UAE reinforces Fortis' commitment to supporting local businesses and enhancing revenue generation by connecting merchants and customers efficiently.

"We are thrilled to secure this investment, enabling us to accelerate our growth and provide greater value to businesses in the MENA region," says Alberto Caruso, CEO and Founder of Fortis Digital Solutions.

Opportunity Venture expressed excitement about the partnership, citing Fortis' innovative approach to fintech and retail tech solutions. The funds will be utilized for customer-centric service development, strategic partnerships, omnichannel capabilities, brand building, and expansion efforts, including talent acquisition across MENA.