General Info
Mashreq is a banking and financial services platform.
Location: Dubai
Country:
Industries:
Investment Regions: MENA
Investment Stages: late-stage, pre-seed, seed
Website: http://www.mashreqbank.com/
corporate-vc
MENA
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🤖 AI Activity Report
Status: active
AI Reasoning: I found a press release stating Mashreq Bank (through its NeoVentures initiative) made a strategic investment in NewBridge Fintech Solutions (owner of LoanBook) on November 27, 2024. The time between that investment and the reference date is between 6 and 3 months, so the appropriate classification is ‘active’. The invested startup: NewBridge Fintech Solutions (LoanBook).
Here are the thresholds established for the different statuses:
Not Active – No known investments in the last 12 months.
Low Activity – Only known investments between the last 12 and 6 months.
Active – Known investments between the last 6 and 3 months.
Very Active – Known investments in the last 3 months.
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