Democrance Expands Footprint in Saudi Arabia after closing a funding round led by Wa’ed Ventures

Funded by Wa’ed Ventures, and existing investor Global Ventures, InsurTech firm looks to continue democratizing insurance in line with the principles of the Financial Sector Development Program

24 October 2023: Democrance, the global InsurTech firm with a mission to make insurance accessible and affordable for those who need it most, today announced a bold expansion strategy in the Kingdom of Saudi Arabia following the launch of the company’s Riyadh HQ.

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