Mala'a Financial Technology Company

SoftwareSeries ARiyadh, Saudi Arabiamalaa.tech

Latest round

Series A

Last raised

Sep 2024

Total raised

$19M

Investors

7

About Mala'a Financial Technology Company

Based in Riyadh, Saudi Arabia, and founded in 2020 by Ali Alorainy, and Faisal Alqarn, Malaa Technologies operates as a software-as-a-service based company that provides personal wealth management applications to manage finances, such as expense keeping, budgeting, and direct bank connection. Malaa Technologies provides open banking services that allow individuals to make better financial decisions via artificial intelligence (AI) and big data technologies. The company’s services include a personal finance manager, which helps to track the budget on the top of expenses; lending, which automates decision making with minimal technical integration for lenders thorough their lending journey; and investments, which bridge gaps within the investment journey via automated way. In addition, the company offers a mobile application for both android and iOS users to offer its services.

Who invested in Mala'a Financial Technology Company

7 investors across 2 rounds

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Funding rounds

  1. Series A

    Sep 3, 2024

    Amount

    $17M

    Investors

    Locked

  2. Seed

    Mar 16, 2022

    Amount

    $1.7M

    Investors

    Locked

Questions about Mala'a Financial Technology Company

Who invested in Mala'a Financial Technology Company?

Mala'a Financial Technology Company has 7 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Mala'a Financial Technology Company raised?

Mala'a Financial Technology Company has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did Mala'a Financial Technology Company last raise money?

Mala'a Financial Technology Company's most recent round on record is a Series A, in Sep 2024.

What does Mala'a Financial Technology Company do?

Based in Riyadh, Saudi Arabia, and founded in 2020 by Ali Alorainy, and Faisal Alqarn, Malaa Technologies operates as a software-as-a-service based company that provides personal wealth management applications to manage finances, such as expense keeping, budgeting, and direct bank connection.

Where is Mala'a Financial Technology Company headquartered?

Mala'a Financial Technology Company is headquartered in Riyadh, Saudi Arabia.

Which VCs invest in companies like Mala'a Financial Technology Company?

Among active investors with capital left to deploy, Yufu Capital, ICBC Capital Management, Ningbo Tongshang Fund and Boc Private Equity Firm back software companies at Mala'a Financial Technology Company's stage. Their profiles are linked below.

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