Emirates NBD’s Deniz Ventures invests in AI securitization startup TeamSec

Deniz Ventures invests in AI securitization innovator TeamSec: Deniz Ventures, the venture capital arm of Emirates NBD’s Turkish unit DenizBank, has invested an undisclosed amount into Turkish AI-driven securitization startup TeamSec, according to a press release. The startup operates a securitization-as-a-service platform.

Where is the investment going? Using AI and data analytics, TeamSec will help accelerate digital transformation in the financial sector and address technological gaps in securitization through collaboration with startups.

Not Emirates NBD’s first investment in a startup this year: The lender invested in fintech — and owner of EMEA-focused loan syndication platform LoanBook — NewBridge Fintech alongside our friends at Mashrew last month, marking its first investment in a fintech abroad.