Rasmal Ventures and Emirates NBD have made a strategic investment in TeamSec, a fintech innovator specializing in Securitization-as-a-Service. This investment is a testament to the financial institutions' commitment to advancing fintech solutions that redefine traditional financial processes. Ahmed Al Qassim, Group Head of Wholesale Banking at Emirates NBD, emphasized the immense potential of securitization in supporting regional growth and shaping the market.

TeamSec's Innovative Fintech Solutions

TeamSec, Turkey's first and only cloud-based Securitization as a Service Fintech & Regtech company, is located in two of Istanbul's vibrant Technoparks. The company is known for its comprehensive securitization services that enable clients to issue a wide range of structured finance products, including Asset-Backed Securities (ABS) and Mortgage-Backed Securities (MBS). TeamSec's cloud-based platform streamlines the securitization process, offering unparalleled efficiency, security, and flexibility.

The company prides itself on leveraging the latest advancements in artificial intelligence and advanced modeling processes. Their technology empowers clients to make informed decisions on asset selection, while their financial engineering expertise ensures optimal structuring and risk management. Whether for an established financial institution or a new player entering the securitization market, TeamSec is a trusted partner for comprehensive securitization services.

Emirates NBD's Strategic Investment

Emirates NBD's investment in TeamSec aligns with the bank's overall strategy to shape the regional financial ecosystem. The bank recognizes the immense potential securitization holds in supporting regional growth and is committed to shaping this market and enabling its growth. As the first investor in TeamSec, Emirates NBD supports the fintech company in their growth journey at an early stage.

Deniz Ventures, the venture capital fund of DenizBank, established under the Emirates NBD Innovation Fund - the Corporate Venture Capital arm of Emirates NBD Group, is also investing in TeamSec. The aim is to address technological gaps in the field of securitization by collaborating with startups. TeamSec’s technological infrastructure is expected to lay the groundwork for stronger collaborations among financial institutions in the future and contribute significantly to the financial ecosystem.

NEOHUB CEO Gürhan Çam stated, "Digital transformation in the fintech sector is no longer a luxury but a necessity. As DenizBank and NEOHUB, we aim to address the technological gaps in the field of securitization by collaborating with startups through our investment in TeamSec. We recognize that TeamSec’s innovations in securitization have the potential to set new industry standards."