Fintech platform Myne closes $2mn pre-seed round

NOHA.GAD
Feb 3, 2025

Dubai - Sharikat Mubasher: Myne, a UAE-based wealth and asset tracking platform, successfully closed a $2 million pre-seed funding round led by Scene Holding, followed by Raz Holding with participation from Plus VC, Annex Investments, and a group of strategic angel investors.

Myne will use the investment to scale operations, deepen its technology infrastructure, accelerate user acquisition, support its innovation pipeline, and create a roadmap for regional expansion, the company announced in a recent statement.

In its first year, Myne aims to establish a strong foothold in the UAE before launching in Saudi Arabia and the other GCC markets.

This round solidifies Myne's position as a leading innovator in the fintech space, poised to transform how people perceive and manage their financial health.

Karim Chouman, Founder and CEO of Myne, said: “We are excited to be supported by visionary investors who share our dedication to revolutionizing financial management. This funding reflects the strength of our vision, the innovation driving Myne, and the confidence our investors have placed in us.”

He affirmed that the funding validates Myne’s innovative approach and strengthens its commitment to empowering clients with tools to seamlessly track their net worth, manage their finances, and protect their assets.

Launched in 2024, Myne offers a user-friendly platform with comprehensive financial management tools for individuals, professionals, and businesses. It empowers users to make smarter financial decisions and secure their futures by addressing gaps in wealth tracking, budgeting, spending, and estate planning.


Share

Related News

MoneyHash, Foodics partner to enhance payment solutions in MEA
News
Calendar Icon
February 4, 2025
MoneyHash, Foodics partner to enhance payment solutions in MEA
readmore
Fintech platform Myne closes $2mn pre-seed round
News
Calendar Icon
February 3, 2025
Fintech platform Myne closes $2mn pre-seed round
readmore
STC Bank gets nod to start operations in Saudi Arabia
News
Calendar Icon
January 29, 2025
STC Bank gets nod to start operations in Saudi Arabia
readmore
Paymob partners with Woo to revolutionize e-commerce in MENA
News
Calendar Icon
January 29, 2025
Paymob partners with Woo to revolutionize e-commerce in MENA
readmore
Alkan CIT, CorporateStack to drive digital transformation in Oman
News
Calendar Icon
January 20, 2025
Alkan CIT, CorporateStack to drive digital transformation in Oman
readmore
Nama Financing secures SAMA license to advance financial innovation in Kingdom
News
Calendar Icon
January 16, 2025
Nama Financing secures SAMA license to advance financial innovation in Kingdom
readmore
SAMA, Google to launch Google Pay in Kingdom by 2025
News
Calendar Icon
January 15, 2025
SAMA, Google to launch Google Pay in Kingdom by 2025
readmore
SAMA launches trial phase of eSAMA portal with 23 Services
News
Calendar Icon
January 13, 2025
SAMA launches trial phase of eSAMA portal with 23 Services
readmore
HyperPay gets nod to expand digital payments in Saudi Arabia
News
Calendar Icon
January 9, 2025
HyperPay gets nod to expand digital payments in Saudi Arabia
readmore
Saudi e-commerce registrations rise 10%, reaching 40,953 by Q4-2024
News
Calendar Icon
January 6, 2025
Saudi e-commerce registrations rise 10%, reaching 40,953 by Q4-2024
readmore