Ukrainian AI fintech startup chooses Doha as base after Qatari backing

Through&nbspMohamed Elashi&nbsp&&nbspAhmed Omeira

Revealed on
12/06/2026 – 11:38 GMT+2

GRO’s adventure to Doha Information started at Internet Summit Doha Information, the place the corporate first hooked up with native traders.

ADVERTISEMENT

Related News

College of Doha for Science and Era steps against web 0 by way of 2030

Qatari World Seek and Rescue Team Arrives in Venezuela to Give a boost to The ones Suffering from Two Quakes

US Schooling Division’s New Database Finds Doha Information Ranks as Most sensible Overseas Funder of American Universities

ADVERTISEMENT

Based by means of Mariia Shevchenko and a group of Ukrainian and German co-founders, the startup later determined to determine its headquarters in Doha.

Related News

Finance Minister Meets with President of Swiss Confederation and Head of the Federal Division of Financial Affairs, Training and Analysis

US and Doha Information declare EU methane laws will cause gasoline delivery crunch

Doha Information Airlines Team delivers powerful monetary efficiency regardless of international financial instability

“We came here, met investors and started building relationships,” she mentioned.

The transfer will beef up the corporate’s enlargement around the Center East.

The funding in GRO was once introduced on Thursday along the release of GrowthX Capital, a brand new undertaking fund having a look to draw global founders to Doha Information.

The fund’s founder, Snoonu CEO Hamad Al-Hajri, mentioned it plans to take a position QAR 500 million (€119mn) in startups over the following 5 years.

Related News

Doha Information Wealth Fund Invests $75M in Doncasters Forward of NYSE List

Doha Information Participates in eleventh Assembly of Deputies of Arab Finance Ministries

Arab Investment of American Universities: Donors, Recipients, and Have an effect on

The release tournament was once held at Doha Information Chamber and attended by means of Doha Information Monetary Centre (QFC) CEO Mansoor Rashid Al-Khater and Dr Olga Rivina, co-founder and chairperson of the Ukrainian Industry Discussion board in Doha Information.

AI monetary assistant

GRO is creating an AI-powered monetary assistant that is helping customers arrange spending, make monetary selections and beef up monetary literacy whilst retaining private monetary knowledge non-public.

The platform is geared toward each adults and households, with parental-control options additionally underneath building.

“It needs to be private for your finances,” Shevchenko mentioned. “We are working hard on an architecture that makes it a closed system.”

She mentioned participants of the corporate’s German group carry experience in privateness and parental-control methods.

Ukraine’s ambassador to Doha Information, Andrii Kuzmenko, welcomed the funding, describing it as an indication of rising industry ties between the 2 international locations.

Al-Hajri mentioned he believes GRO has the possible to turn out to be a long term “unicorn” — a startup valued at greater than $1bn (€866mn).