Fintech platform Myne closes $2mn pre-seed round

user icon
NOHA.GAD
calender icon
Feb 3, 2025
article image

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

PoS sales in Saudi Arabia exceed SAR 59.8 bn in February
News
Calendar Icon
April 1, 2026
PoS sales in Saudi Arabia exceed SAR 59.8 bn in February
Read More
SAMA greenlights Ateon to provide payment services across Kingdom
News
Calendar Icon
March 30, 2026
SAMA greenlights Ateon to provide payment services across Kingdom
Read More
SAMA approves 2 firms for open banking payment services
News
Calendar Icon
March 26, 2026
SAMA approves 2 firms for open banking payment services
Read More
Vault22 plans UAE launch of shariah-compliant finance platform
News
Calendar Icon
March 24, 2026
Vault22 plans UAE launch of shariah-compliant finance platform
Read More
EDGE Finance receives SAMA license to operate in Saudi financing market
News
Calendar Icon
March 15, 2026
EDGE Finance receives SAMA license to operate in Saudi financing market
Read More
Ziina, Virtuzone join forces to streamline payments for Startups in UAE
News
Calendar Icon
March 15, 2026
Ziina, Virtuzone join forces to streamline payments for Startups in UAE
Read More
Saudi PoS sales surpass SAR 63 bn in January
News
Calendar Icon
March 1, 2026
Saudi PoS sales surpass SAR 63 bn in January
Read More
Saudi Arabia tops Global Islamic Fintech Index in new report
News
Calendar Icon
February 26, 2026
Saudi Arabia tops Global Islamic Fintech Index in new report
Read More
Mastercard, Google expand Google Pay in Saudi Arabia
News
Calendar Icon
February 19, 2026
Mastercard, Google expand Google Pay in Saudi Arabia
Read More
Qatar’s PayLater pursues new credit facility through Shorooq partnership
News
Calendar Icon
February 4, 2026
Qatar’s PayLater pursues new credit facility through Shorooq partnership
Read More