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PetroApp closes $50mln fund round to accelerate global expansion; IPO plans unveiled
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Saudi's PetroApp Secures $50M to Support IPO and Expansion - Fintechnews Middle East
PetroApp, a Saudi Arabia-based independent digital platform for fuel payments, fleet management, and vehicle services, has closed a US$50 million funding round. The investment was led by Jadwa Investment through its GCC Diversified Private Equity Fund, with additional participation from Bunat Ventures. Established in 2018, PetroApp is Saudi Arabia’s first standalone provider of cashless fuel payment and fleet management solutions. The platform e…
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