T2 Acquires Florinz

Saudi B2B digital solutions provider T2 has acquired Florinz for an undisclosed amount. The news was announced in Gitex 2024.

Why it Matters? T2 expanding to new markets.

Florinz provides marketing solutions to companies through its platform.
The company started by providing solutions to clinics, then expanded to retail and F&B.
T2 provides B2B products with solutions, including AI, automation, and cloud computing.
According to its press release, T2 served over 7,000 clients in public and private sectors.

PIF launches Neo Space Group (NSG)

Parties: Public Investment Fund (PIF), Neo Space Group (NSG). Event: Launch. Location:...

Startup: EdfaPay. Event: Expansion. Countries: Saudi Arabia, Morocco EdfaPay, the Saudi fintech...

Saud Venture Capital Company (SVC) has announced a $15 million investment in...