Egyptian AI startup Synapse Analytics has secured $2 million in new investment to expand its AI-powered solutions across the Gulf Cooperation Council (GCC) and Africa, focusing on the financial sector. The investment was led by venture capital firm Silicon Badia and Hub 71, Abu Dhabi.

Synapse Analytics partners with Amazon Web Services (AWS) and Crealogix, offering digital banking and application processing software. As part of Hub71, the company addresses financial inclusion by offering AI software for credit scoring, cross-selling, dynamic pricing, and eKYC/eKYB processes.