China–UAE News
Mamun Raises $3 Million to Fund Gulf–Greater Bay Area Trade Finance
Sharia-compliant trade finance platform mamun has raised a US$3 million seed round led by Phaze Ventures with participation from Jasoor Ventures. The capital will expand its AI-native underwriting infrastructure across the Greater Bay Area–Oman–UAE trade corridor. Approximately 40% of the platform's settlements currently clear through Hong Kong-based entities.
