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Neurobay Partners To Raise $13M To Launch And Scale Institutional Loan Platform

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Vaultarix Amanah is building the GCC's first Shariah-compliant, crypto-backed lending platform.

To move from development to live operations, the business requires both operational capital to establish its infrastructure — including VARA licensing, Shariah Board formation, and custody partnerships and an initial loan book facility to begin originating Ujrah-based lending facilities for HNW and institutional clients.

Neurobay is supporting Vaultarix Amanah across a staggered, two-part raise:

Equity funding is being secured to support the operational runway through to platform launch, alongside an initial loan book facility targeting 20–40 institutional accounts at a 50% LTV. Additional financing tranches are planned as the platform scales across the GCC, with the later stage structured as an Islamic private credit Sukuk to attract sovereign and Takaful capital.
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