Souqalmal.com is a financial technology startup, founded in 2012, with its headquarters in the United Arab Emirates. The company's mission is to simplify personal finance by providing a platform where users can compare over 3,200 personal finance products in the UAE and Saudi Arabia at the click of a button. From personal loans to car insurance, Souqalmal.com aims to make managing money more transparent and accessible. In September 2019, the company secured a Seed Round investment from 500 Startups, a prominent venture capital firm. With its focus on revolutionizing the way individuals deal with money and its recent investment backing, Souqalmal.com is effectively positioned to continue its disruptive influence in the financial services and fintech industries.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Seed Round | Unknown | 1 | 17 Sep 2019 | |
Series B | $10.00M | 7 | UAE Exchange, Riyad TAQNIA Fund (RTF) +2 | 03 Oct 2017 |
Private Equity Round | Unknown | - | 01 May 2017 | |
Convertible Note | Unknown | 3 | Chantalle Dumonceaux | 07 Nov 2016 |
Series B | Unknown | - | 31 Aug 2015 |
No recent news or press coverage available for Souqalmal.com.