Emrgo

Established in 2018, Emrgo operates as a financial technology firm architecting an investment banking platform specifically for emerging markets. The company was founded by a team that includes CEO Mohammed Alsehli. Originally launched under the name Wethaq, the company rebranded to Emrgo in May 2023 to reflect its expanded focus beyond the Gulf region to the broader Emerging Markets (EM). This strategic shift aims to connect mid-sized EM firms and the EM investment community with global markets, addressing a segment the founders believe is underserved by larger financial institutions. The firm secured an undisclosed seed round on July 10, 2020, with investors including Taibah Valley and Vision Ventures.

Emrgo provides a suite of financial services through its platform, encompassing investment banking, venture and growth banking, capital markets, sales and trading, and custody services. The company's core business is to facilitate capital formation and provide investment opportunities within developing economies. It operates from strategic locations in Dubai (DIFC), Riyadh, and London, allowing it to serve a global clientele while maintaining a strong regional presence. The Dubai headquarters is situated in the Dubai International Financial Centre (DIFC), chosen for its robust regulatory framework and common-law legal system, which offers stability and access to international opportunities. Its affiliate in Saudi Arabia focuses on products tailored for the local market, aligning with the country's modernization efforts.

The platform is designed to streamline capital market operations for a diverse client base that includes financial institutions, fundraisers, and investors. By developing advanced technology solutions tailored for capital markets, Emrgo aims to modernize financial infrastructure in these key regions. The company's solutions are built to handle fundraising activities such as the issuance of Sukuk, debt, credit, and equity for scale-up companies, particularly in the MENA region. This focus on technology-driven financial services positions Emrgo at the intersection of finance and technology, aiming to create more efficient and accessible capital markets for entities that have traditionally been over-charged or overlooked by incumbent global banks.

Keywords: investment banking, emerging markets, fintech, capital markets, venture banking, custody services, financial technology, MENA, DIFC, capital formation