Yabi by Souqalmal

Founded in 2022 and headquartered in Dubai, United Arab Emirates, Yabi specializes in financial coaching.Yabi Technologies provides an innovative, AI-powered financial coaching platform designed to assist users in managing their personal finances effectively. The core offerings include an interactive learning experience through bite-sized educational videos developed in collaboration with established financial coaches, allowing users to gain instant insights and actionable advice. Yabi's tools enable users to track spending by connecting multiple bank accounts, providing personalized insights that highlight spending patterns and critical financial details. Additionally, the platform aims to enhance users' credit scores by offering tailored advice on improving credit habits, ultimately facilitating better financial opportunities.Yabi generates revenue through a subscription-based model, allowing users to access advanced features of its financial coaching platform. Clients typically engage with the platform by signing up for a free trial, which subsequently transitions into a paid subscription tier for enhanced functionalities. The company’s transaction structure focuses on direct-to-consumer interactions, where users pay for premium features that facilitate more in-depth financial guidance and resources. Specific pricing plans may include various tiers based on the level of service and access provided, although these details are part of the internal structure. The company aims to introduce new features and services in the coming months while targeting expansion into new markets, specifically within the MENA region, by 2024.

1. Series B

   Oct 3, 2017

   Amount

   $10M

   Investors

   Locked

2. Series A

   Dec 1, 2013

   Amount

   $1.2M

   Investors

   Locked