Alaan

Modern finance platform for the Middle East

Dubai, United Arab Emirates · Founded 2021 · $52.5M raised

Headquarters
Dubai
Employees
51–200
Founded
2021
Business Model
B2B
Website
alaan.com
Total Funding
$52.5M
Last Round
$48.0M Series AAug 2025
Rounds
2

About

Alaan is an AI-powered finance platform for businesses in the Middle East. We help businesses instantly issue corporate cards for employees, control their spending, and automate workflows. Our mission is to simplify finance for businesses in the Middle East and help them prosper. We have grown rapidly and now work with over 2000 startups, mid-market, and enterprise customers across various industries, doing tens of millions of dollars in payment volume. We've been default alive since our launch in August 2022 (9x net revenue growth in 2023, 6x in 2024), and raised one of the largest Series A rounds in the history of the Middle East backed by Peak XV (formerly Sequoia India). Check out alaan.com/careers if you want to join us!

Summary

Alaan is a Fintech company based in Dubai, United Arab Emirates, founded in 2021. It has raised $52.5M in total across 2 rounds, most recently a $48.0M Series A round in Aug 2025. Investors include Peak XV Partners, Presight Capital and Y Combinator Continuity Fund.

Tech & App Stack

4 technologies & apps tracked

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Funding History

Series ASeries AAug 2025
$48.0M

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Investors

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