Yango Group, a global tech company, announced its investment in the MENA region through Yango Ventures, which involved backing Comfi AI, a UAE-based fintech company, as part of its Pre-Series A round.

The Yango Group MENA investment marks the group’s wider strategy of investing in early-stage companies building infrastructure across fintech, logistics, and SME services. The investment in Comfi AI is said to mark the fund’s first step into the MENA market.

Comfi AI develops embedded finance solutions for SMEs, including Buy Now, Pay Later (BNPL), invoice discounting, and dealer financing.

The Comfi AI tools are built into supplier workflows like invoicing systems and partner platforms, enabling businesses to access financing without separate lending processes.

Daniil Shuleyko, CEO of Yango Group, shared that the group’s strategy involves building and supporting the infrastructure that enables business growth across markets, which is done via Yango Group’s own products and by investing in companies that solve fundamental problems.

He added that Comfi AI is one of them as it integrates financing into transaction flows and reduces payment cycles from months to a day. In doing so, it improves access to working capital.

Yango Group’s portfolio comprises startups across MENA, Africa, South Asia and Latin America.

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