According to a recent report, Five FS, a Dubai-based financial services platform, has secured US$3.5 million in seed funding. The round was led by Zeyshare Ventures, a Romanian venture capital firm. Five FS is a platform that lets people compare offers from different financial institutions for five important financial services: loans, leasing, mortgages, deposits, and insurance.

It is a startup which provides users with access to services offered by five partner institutions. Businesses can embed Five FS’s bidding technology in their products with the company’s embedded finance solutions. With seed funding, digital wallets and debit cards will be developed. The company plans to launch in 2022.

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