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

Nium strengthens Saudi Expansion through local cross-border payments partnerships
News
Calendar Icon
July 19, 2026
Nium strengthens Saudi Expansion through local cross-border payments partnerships
Read More
Amad earns Guinness World Record as world's largest fintech hackathon
News
Calendar Icon
July 19, 2026
Amad earns Guinness World Record as world's largest fintech hackathon
Read More
RAKBANK, Mastercard cooperate on powering UAE digital payment innovation
News
Calendar Icon
July 15, 2026
RAKBANK, Mastercard cooperate on powering UAE digital payment innovation
Read More
Tabby unveils new identity, launches ‘Tabby Cash’ to expand beyond BNPL
News
Calendar Icon
July 15, 2026
Tabby unveils new identity, launches ‘Tabby Cash’ to expand beyond BNPL
Read More
stc pay Bahrain, PIE team up to expand QR payments
News
Calendar Icon
July 14, 2026
stc pay Bahrain, PIE team up to expand QR payments
Read More
Creditline secures SAMA license to provide microfinance services
News
Calendar Icon
July 14, 2026
Creditline secures SAMA license to provide microfinance services
Read More
Spare, Xsquare launch ‘Pay by Bank’ solution for UAE businesses
News
Calendar Icon
July 13, 2026
Spare, Xsquare launch ‘Pay by Bank’ solution for UAE businesses
Read More
Mastercard study: 77% of SMEs in Saudi Arabia accept online payments
News
Calendar Icon
July 8, 2026
Mastercard study: 77% of SMEs in Saudi Arabia accept online payments
Read More
UAE Central Bank grants Taptap Send 3 financial services licenses
News
Calendar Icon
July 8, 2026
UAE Central Bank grants Taptap Send 3 financial services licenses
Read More
TotalPay expands into Saudi Arabia with SAMA PTSP approval
News
Calendar Icon
July 7, 2026
TotalPay expands into Saudi Arabia with SAMA PTSP approval
Read More