Malaa

Malaa (ملاءة) is a Saudi Arabian fintech company founded in November 2021 that offers an all-in-one personal finance app for tracking, saving, and investing. The platform aggregates users' bank accounts via open banking, generates personalized financial plans based on income, life stage, and retirement goals, and provides Sharia-compliant diversified investment portfolios managed by an experienced investment team. Malaa is licensed by both SAMA (Saudi Central Bank) for open banking and the Capital Market Authority (CMA) as a robo-advisor, and has grown to over 640,000 users. The company raised a $17.3 million Series A in September 2024 led by SNB Capital.