Deniz Ventures, the venture capital arm of DenizBank, established under the Emirates NBD Innovation Fund—the Corporate Venture Capital division of Emirates NBD Group—has announced its investment in TeamSec, a company specialized in AI-driven securitization technology. This strategic move aims to revolutionize the structured finance industry through TeamSec’s innovative Securitization-as-a-Service platform.
Focused on advancing the digital transformation of the financial sector, TeamSec is working to enhance the efficiency and transparency of the financial ecosystem by digitizing securitization processes. By leveraging AI and data analytics, TeamSec provides valuable solutions for investors and financial institutions. This investment aligns with Deniz Ventures’ goal of addressing technological gaps in securitization by collaborating with emerging startups in the space.
Ahmed Al Qassim, Group Head of Wholesale Banking at Emirates NBD, commented on the investment:
“We recognize the significant potential of securitization in driving regional growth. Our strategic investment in TeamSec, a pioneering fintech company specializing in Securitization-as-a-Service, highlights our commitment to shaping the market and fostering its growth. As TeamSec’s first investor, we are excited to support the founder and team from the early stages of their growth journey.”
Gürhan Çam, CEO of NEOHUB, emphasized that TeamSec’s technological infrastructure will pave the way for stronger collaborations among financial institutions in the future, playing a key role in the evolution of the financial ecosystem. He stated:
“Digital transformation in the fintech sector has become a necessity, not a luxury. With our investment in TeamSec, we aim to bridge the technological gaps in securitization by partnering with startups. We believe TeamSec’s innovations will set new industry standards and lead the way for future advancements.”
Neeraj Makin, Group Head of Strategy, Analytics, and Venture Capital at Emirates NBD, further emphasized the role of the bank’s Corporate Venture Capital arm in facilitating this investment:
“The Emirates NBD Innovation Fund drives strategic investments in cutting-edge fintech startups like TeamSec, enabling us to offer tailored solutions that align with our vision of being the most innovative bank for our customers. As the industry evolves, the fund ensures we stay ahead of disruptive trends while enhancing the digital experience for our clients.”
Esad Erkam Köroğlu, Founder and CEO of TeamSec, highlighted the significance of the strategic investment from Deniz Ventures:
“This investment represents a key milestone in TeamSec’s growth. With this support, we are poised for global expansion, introducing our products to new markets and making a profound impact on the industry worldwide.”
Both Emirates NBD and Deniz Ventures remain dedicated to investing in fintech and technology-driven startups, propelling innovation and digital transformation in the financial sector. Building on previous investments in companies like Erguvan in 2023 and NewBridge Fintech Solutions, their support for high-growth startups like TeamSec underscores their commitment to fostering a sustainable, tech-driven future in finance.
