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Jonathan Hall

 UAE and Saudi investors acquired $3 million stake in financial website compareit4me

stc-ventures.jpgSaudi venture capital firm STC Ventures and a consortium of UAE investors acquired stake in financial website compareit4me for $3 million.

Currently in seven countries, the websites help users find and compare financial products including personal loans, credit cards and bank accounts. The company is saying it is generates more than 45,000 finance applications per month. Other investors include Dubai-based Wamda Capital and Dubai Silicon Oasis Authority. (The company had raised an initial round of angel funding back in March 2014 from Dubai angel investor Jonathan Hall from Mulverhill Associates).

STC Ventures is listed in the Middle East Investors Directory with the code SIN1303.

More details follows:

 Former director of Abraaj launched an investment firm in Dubai

mulverhill.jpgFormer Director of Abraaj Capital, Jonathan Hall, has launched a new investment and consulting firm based in Dubai called Mulverhill Associates.

Mulverhill Associates will provide services including origination, evaluation, structuring and execution of investments and business opportunities within MENA, and will represent buyers, sellers and companies expanding in the region seeking assistance and guidance. The firm will also undertake direct investments in seed and early stage growth capital opportunities and has already made its first investment in a new regional recycling company.

Prior to founding Mulverhill, Hall was responsible for a wide range of investment activities and was involved in and completed over $2 billion of investments and financings in Mena, India and Turkey.

To see more investment firms like Mulverhill Associates check our investors directory. More details from their release follows

More from Jonathan Hall ...

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