XSquare, a Dubai-headquartered B2B payment orchestration startup, announced an undisclosed pre-seed funding round. The investment was led by Raed Ventures, with additional participation from AngelSpark, 500 Global, and Oraseya Capital.
The funding will be used to expand XSquare's payment network and support its strategic entry into the Saudi Arabian market. The startup aims to streamline B2B payment processes across the MENA region.
Key figures from prominent payment infrastructure companies like Telr, Geidea, and Mastercard were involved in the round, signaling strong industry confidence in XSquare's model.
