# Fortis Digital Solutions DMCC

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/fortis-digital-solutions-dmcc

- Industry: Software
- Headquarters: Dubai, United Arab Emirates
- Website: www.fortis.world
- Total disclosed funding: $20M
- Latest round: Series A (Apr 16, 2024)
- Investors on record: 1

## About

Based in Dubai, UAE, and founded in 2022 by CEO Alberto Caruso, Fortis Digital Solutions DMCC, a.k.a. Fortis, operates as a software company that focuses on developing financial technology and retail technology solutions, enabling businesses to streamline orders, manage online and offline transactions, implement personalized loyalty programs, and more. In April 2024, Fortis Digital Solutions DMCC raised USD 20 million in a Series A funding led by Opportunity Venture.

The company provides a one-for-all POS and CRM platform for small service and retail businesses to accept and process offline and online point-of-sale payments, manage orders, offer a personalized loyalty program, and run their businesses. The platform also offers a wide range of features, including payments, orders, checkouts, and reporting. In addition, the firm offers a POS hardware product, PAX A920 Pro, enabling businesses to accept payments by cash, cards, and payment links.

Fortis generates revenue from the subscription to its software package at AED 199 per month, the processing fee of 2% per transaction, and the sale of its POS device at AED 550.

The company plans to use its proceeds from April 2024 funding to expand its business to new regions of the Middle East and North Africa.

## Funding rounds

- Series A, Apr 16, 2024, $20M — Opportunity Venture

## Investors

- Opportunity Venture (https://capitalatlas.ai/funds/opportunity-venture) — Series A