Exited its position in Rasan via an accelerated bookbuild offering (HSBC Saudi Arabia as bookrunner), realizing a 10x return on its 2021 investment.
Rasan is the first listed Fintech and Insurtech holding in the Middle East, controlling Tameeni and Treza, the insurance and car leasing leaders in Saudi Arabia
Rasan is the first listed Fintech and Insurtech holding in the Middle East, controlling Tameeni and Treza, the insurance and car leasing leaders in Saudi Arabia. Rasan was founded to accelerate the digital transformation of insurance and financial services industries.