Loyyal Closes Series A Capital Raise

Loyyal, a blockchain innovator building a global loyalty network, has announced it has closed a Series A capital raise led by Integrated Networks (iNet) with participants including UAE Exchange, Hayaat Group, Day One Investments, and other international investors. Hayaat Group is an early investor and led the Loyyal Series Seed capital raise. Naseba, a global company that supports companies entering new markets, raising capital and securing enterprise partners was instrumental in the closing of this series A financing.

The company will use the capital to complete development of its platform and accelerate its go to market strategy with long term strategic advisor and first client, Deloitte, strategic partnerships with value-added resellers IBM and Quidam, and strategic alliance with Capgemini.

 

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