Abu Dhabi-based fintech holding company Synervest Group has raised US$4 million in a series A funding round led by Jura Investment Group, with support from CMT Digital.

This funding values the company at US$60 million, doubling its worth from last year.

The funds will be used to drive Synervest’s global expansion, improve its regulatory capabilities, and enhance its institutional financial services.

The company currently operates in Europe and the Middle East, holding regulatory licenses in several jurisdictions.