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ClearGrid, a FinTech firm specialising in AI-driven debt collection, has emerged from stealth with $10m in funding to modernise debt resolution in the MENA region.The company aims to address inefficiencies in traditional collection practices by replacing outdated, aggressive tactics with an AI-powered, data-driven approach that benefits both lenders and borrowers.The $10m funding was secured across two rounds. The pre-seed round was co-led by Raed Ventures and Beco Capital, while the seed round was co-led by Nuwa Capital and Raed Ventures. Other institutional investors include Aramco’s Waed Ventures, KBW Ventures, Sharaka, 9yards Capital, Protagonist, BYLD, Eirad Holdings, Endeavor Catalyst, and Wamda…

ClearGrid, a FinTech firm specialising in AI-driven debt collection, has emerged from stealth with $10m in funding to modernise debt resolution in the MENA region.The company aims to address inefficiencies in traditional collection practices by replacing outdated, aggressive tactics with an AI-powered, data-driven approach that benefits both lenders and borrowers.The $10m funding was secured across two rounds. The pre-seed round was co-led by Raed Ventures and Beco Capital, while the seed round was co-led by Nuwa Capital and Raed Ventures. Other institutional investors include Aramco’s Waed Ventures, KBW Ventures, Sharaka, 9yards Capital, Protagonist, BYLD, Eirad Holdings, Endeavor Catalyst, and Wamda…

ClearGrid, a FinTech firm specialising in AI-driven debt collection, has emerged from stealth with $10m in funding to modernise debt resolution in the MENA region.The company aims to address inefficiencies in traditional collection practices by replacing outdated, aggressive tactics with an AI-powered, data-driven approach that benefits both lenders and borrowers.The $10m funding was secured across two rounds. The pre-seed round was co-led by Raed Ventures and Beco Capital, while the seed round was co-led by Nuwa Capital and Raed Ventures. Other institutional investors include Aramco’s Waed Ventures, KBW Ventures, Sharaka, 9yards Capital, Protagonist, BYLD, Eirad Holdings, Endeavor Catalyst, and Wamda…

ClearGrid, a FinTech firm specialising in AI-driven debt collection, has emerged from stealth with $10m in funding to modernise debt resolution in the MENA region.The company aims to address inefficiencies in traditional collection practices by replacing outdated, aggressive tactics with an AI-powered, data-driven approach that benefits both lenders and borrowers.The $10m funding was secured across two rounds. The pre-seed round was co-led by Raed Ventures and Beco Capital, while the seed round was co-led by Nuwa Capital and Raed Ventures. Other institutional investors include Aramco’s Waed Ventures, KBW Ventures, Sharaka, 9yards Capital, Protagonist, BYLD, Eirad Holdings, Endeavor Catalyst, and Wamda…

ClearGrid, a FinTech firm specialising in AI-driven debt collection, has emerged from stealth with $10m in funding to modernise debt resolution in the MENA region.The company aims to address inefficiencies in traditional collection practices by replacing outdated, aggressive tactics with an AI-powered, data-driven approach that benefits both lenders and borrowers.The $10m funding was secured across two rounds. The pre-seed round was co-led by Raed Ventures and Beco Capital, while the seed round was co-led by Nuwa Capital and Raed Ventures. Other institutional investors include Aramco’s Waed Ventures, KBW Ventures, Sharaka, 9yards Capital, Protagonist, BYLD, Eirad Holdings, Endeavor Catalyst, and Wamda…

ClearGrid, a FinTech firm specialising in AI-driven debt collection, has emerged from stealth with $10m in funding to modernise debt resolution in the MENA region.The company aims to address inefficiencies in traditional collection practices by replacing outdated, aggressive tactics with an AI-powered, data-driven approach that benefits both lenders and borrowers.The $10m funding was secured across two rounds. The pre-seed round was co-led by Raed Ventures and Beco Capital, while the seed round was co-led by Nuwa Capital and Raed Ventures. Other institutional investors include Aramco’s Waed Ventures, KBW Ventures, Sharaka, 9yards Capital, Protagonist, BYLD, Eirad Holdings, Endeavor Catalyst, and Wamda…

ClearGrid, a FinTech firm specialising in AI-driven debt collection, has emerged from stealth with $10m in funding to modernise debt resolution in the MENA region.The company aims to address inefficiencies in traditional collection practices by replacing outdated, aggressive tactics with an AI-powered, data-driven approach that benefits both lenders and borrowers.The $10m funding was secured across two rounds. The pre-seed round was co-led by Raed Ventures and Beco Capital, while the seed round was co-led by Nuwa Capital and Raed Ventures. Other institutional investors include Aramco’s Waed Ventures, KBW Ventures, Sharaka, 9yards Capital, Protagonist, BYLD, Eirad Holdings, Endeavor Catalyst, and Wamda…

Backup, recovery, and data protection firm Veeam on Wednesday announced patches for a critical-severity vulnerability in its Backup & Replication product that could allow attackers to execute arbitrary code remotely. In a scarce advisory, Veeam notes that the security defect, tracked as CVE-2025-23120 (CVSS score of 9.9), could allow for “remote code execution (RCE) by authenticated domain users”, and that Backup & Replication version 12.3.0.310 and previous version 12 builds are affected. The company recommends updating to Backup & Replication version 12.3.1 (build 12.3.1.1139), which includes patches for the flaw. According to cybersecurity firm watchTowr, which was credited for reporting…

The Pennsylvania State Education Association (PSEA) is notifying over 500,000 people that their personal information was stolen in a July 2024 data breach. In a data breach notice on its website, the teachers’ union has revealed that the security incident occurred around July 6 and impacted its network environment, and that the attackers stole certain data from its systems. On February 18, 2025, PSEA determined that the stolen files contained personal information, and this week it started sending written notifications to the potentially affected individuals. According to the union, the compromised personal information included names, dates of birth, driver’s license…

The Pennsylvania State Education Association (PSEA) is notifying over 500,000 people that their personal information was stolen in a July 2024 data breach. In a data breach notice on its website, the teachers’ union has revealed that the security incident occurred around July 6 and impacted its network environment, and that the attackers stole certain data from its systems. On February 18, 2025, PSEA determined that the stolen files contained personal information, and this week it started sending written notifications to the potentially affected individuals. According to the union, the compromised personal information included names, dates of birth, driver’s license…