Tenmou introduced its funding in Visky, a Bahrain-based startup platform specializing in synthetic intelligence digital identification verification, digital provisioning and facial biometric authentication, serving prospects in over 110 nations all over the world, with a deal with simplifying the consumer journey and combating fraud. To create a safer and extra accessible private expertise.
Visky makes use of synthetic intelligence and machine studying to enhance its confirmed effectiveness, in addition to plagiarism detection expertise to assist confirm that customers are actually dwelling as much as their claims. The platform additionally protects prospects and organizations and reduces set up time and value by as much as 95%.
Tenmou highlights help and steerage from its angel shareholders, all of whom are well-known and profitable entrepreneurs, whereas the corporate has invested in 27 startups and raised over $100 million in funding and refinancing.
In an announcement on the event, Nawaf Mohammed Al Quheji, CEO of Tenmou, mentioned: “We’re very proud to be investing in an area synthetic intelligence platform, highlighting that one of many objectives of this funding is to help Bahrain’s purpose of changing into the area’s main digital financial system.” He added, “We at Tenmou encourage all AI start-ups that observe Bahrain’s digital transformation agenda, regulatory framework and digital infrastructure growth.”
Al Quheji defined that these investments are consistent with nationwide tendencies within the Kingdom of Bahrain, which has created a digital ecosystem that makes enterprise extra environment friendly and aggressive, with fundamental help for a easy digital transformation on the nationwide degree, because the Kingdom reached fourth place within the Digital Economic system Report Arab nations in 2020, third within the Arab world and fortieth on the planet within the 2021 Heritage Financial Freedom Index, and is at the moment the main nation within the area in fintech.
For his half, Visky platform co-founder and CEO Hamza Al-Ghatam mentioned: “We’re dedicated to offering a extra handy and seamless resolution that may assist make buyer onboarding simpler, safer and extra dependable. markets all over the world.
It’s price noting that this 12 months Fisky acquired the Globe Award for Excellence within the nomination “Synthetic Intelligence within the area of safety.”