{"id":43728,"date":"2024-08-05T09:44:31","date_gmt":"2024-08-05T09:44:31","guid":{"rendered":"https:\/\/my.legal500.com\/developments\/?post_type=press_releases&#038;p=43728"},"modified":"2024-08-05T09:44:57","modified_gmt":"2024-08-05T09:44:57","slug":"matouk-bassiouny-uae-advises-synapse-analytics-on-its-funding-round-securing-usd-2-million","status":"publish","type":"press_releases","link":"https:\/\/my.legal500.com\/developments\/press-releases\/matouk-bassiouny-uae-advises-synapse-analytics-on-its-funding-round-securing-usd-2-million\/","title":{"rendered":"Matouk Bassiouny UAE advises Synapse Analytics on its funding round securing USD 2 million"},"content":{"rendered":"<p><strong>We are pleased to announce that Matouk Bassiouny UAE (\u201cMB UAE\u201d) acted as the lead transactional legal counsel to Synapse Analytics in connection with securing USD 2 million from its funding round and handling all matters concerning its legal efficacy, negotiation, and closing.<\/strong><!--more--><span style=\"font-size: 1rem\">The investment round was led by venture capital firms; Silicon Badia and Hub 71.<\/span><\/p>\n<p>Synapse Analytics seeks to address the socioeconomic challenge of financial inclusion and access, by providing intricate and cutting-edge AI software to enhance financial decisions such as credit scoring, cross-selling, and dynamic pricing, among other ancillary activities.<\/p>\n<p>The MB UAE team advising on the matter was led by Mohamed Essam (<em>Partner and<\/em> <em>Head of Fintech &amp; Emerging Companies and Venture Capital<\/em>) and Moustafa Rizk (<em>Associate<\/em>).<\/p>\n<p>For more about Matouk Bassiouny, check out our website at <a href=\"https:\/\/matoukbassiouny.com\/\">https:\/\/matoukbassiouny.com\/<\/a>.<\/p>\n<p>For any assistance on venture capital fundraising, please feel free to contact <a href=\"mailto:Mohamed.essam@matoukbassiouny.com\">Mohamed.essam@matoukbassiouny.com<\/a><\/p>\n<hr \/>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"featured_media":0,"template":"","class_list":["post-43728","press_releases","type-press_releases","status-publish","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/press_releases\/43728","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/press_releases"}],"about":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/types\/press_releases"}],"wp:attachment":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/media?parent=43728"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}