- Headquarters
- Dubai
- Employees
- 51–200
- Founded
- 2012
- Business Model
- B2C
- Website
- souqalmal.com
- Total Funding
- $101.2M
- Last Round
- $80.0M Growth EquitySep 2024
- Rounds
- 5
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
Indexed holds 5 funding rounds and 3 investors for this company. The full record is or through the API.
About
Souqalmal.com is the Middle East's first and largest financial product comparison platform, founded in Dubai in 2012 by Ambareen Musa. The platform lets consumers in the UAE and Saudi Arabia compare over 3,200 personal finance products including credit cards, personal loans, mortgages, car loans, insurance plans, and mobile phone plans, enabling informed financial decisions. Over its lifetime the company empowered more than 600,000 customers and raised over $15.2 million in funding before being acquired. Note: the souqalmal.com domain now redirects to Yabi, an AI financial coach app, indicating a pivot or rebrand post-acquisition.
Summary
It lists 51–200 employees. It has raised $101.2M in total across 5 rounds, most recently a $80.0M Growth Equity round in Sep 2024. Investors include GoCompare (GoCo Group), Riyad TAQNIA Fund and Endeavor.
Tech & App Stack
1 technology or app tracked
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Funding History
Sep 2024
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Funding: Angel through Growth Equity. Amounts, valuations, and investors where available.
Investors
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