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Alaan

Alaan

A B2B payments platform for underserved small businesses

OverviewStructured DataIssuesContributors

Contents

alaanpay.com
Is a
Company
Company
Organization
Organization

Company attributes

Industry
Finance
Finance
Technology
Technology
Financial technology
Financial technology
Financial services
Financial services
Payment
Payment
B2B
B2B
Payment system
Payment system
Location
Dubai
Dubai
B2X
B2B
B2B
Founder
Karun Kurien
Karun Kurien
0
‌
Karun Kurien
0
Parthi Duraisamy
Parthi Duraisamy
0
AngelList URL
angel.co/company/alaan
Pitchbook URL
pitchbook.com/profiles...491413-15
Legal Name
Alaanpay Technology Ltd.
Accelerator
Y Combinator
Y Combinator
0
Accelerator Batch
‌
Y Combinator W23 Batch
0
Number of Employees (Ranges)
11 – 50
Email Address
sales@alaanpay.com
Number of Employees
170
Full Address
Unit 201, 203 Level 1, South Zone, Gate Avenue, Dubai International Financial Center
Investors
Erik Podzuweit
Erik Podzuweit
468 Capital
468 Capital
Florian Prucker
Florian Prucker
Peak XV Partners
Peak XV Partners
Global Founders Capital
Global Founders Capital
Mato Peric
Mato Peric
Philippe Teixeira da Mota
Philippe Teixeira da Mota
Ludwig Ensthaler
Ludwig Ensthaler
...
Founded Date
2021
0
Total Funding Amount (USD)
50,500,000
Latest Funding Round Date
August 5, 2025
Business Model
Commerce
Also Known As
Alaanpay
Latest Funding Type
Series A
Series A
Wellfound ID
alaan
Country
United Arab Emirates (UAE)
United Arab Emirates (UAE)

Other attributes

Blog
alaanpay.com/blogs
Company Operating Status
Active
Latest Funding Round Amount (USD)
48,000,000
Public/Private
Private
Y Combinator URL
ycombinator.com/companies/alaan0

Our mission is to simplify finance for the underserved - startups and small businesses in the Middle East and North Africa. Today, their needs are virtually ignored by financial players (e.g., banks). Our initial product will focus on simplifying expenses for a business - we will make it simple for an employee to spend money for the company without needing to use their personal funds or borrowing their bosses card. We will also build software to enable the finance head/owner to oversee, control and analyze spend across the company - helping them earn rewards and also identifying savings opportunities. This model has been proven in other markets and we plan to launch in the Middle East imminently.

Timeline

No Timeline data yet.

Funding Rounds

Products

Acquisitions

SBIR/STTR Awards

Patents

Further Resources

Title
Author
Link
Type
Date
No Further Resources data yet.

References

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