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Mala'a

Mala'a

Private
RiyadhFinTechhttps://malaa.tech/

Last Round

Series A

Sep 3, 2024

Total Funding Raised

$19M

Company Overview

Mala'a is a fintech company that provides a personal finance management platform for users to track expenses, budget, and access personalized investment and credit recommendations.

Sector

FinTech

Verticals

Personal Finance, Wealth Management, Lending & Credit, Financial Data

Business Model

B2C

Customer Profile

Services & Consulting, Revenue Share

AI Layer

Application

Keywords

personal finance managementPFMopen bankingrobo-advisorymoney management appaccount aggregationwealth managementfintechbudgeting appautomated investmentwealthtechcredit monitoringexpense trackingdigital bankingfinancial literacy

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Caplight Momentum Score

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Mala'a Comparables

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Mala'a comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Al Rajhi Bank
91%
Mod5r
82%
Abyan Capital
79%

Mala'a Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Series ASep 3, 2024
SeedMar 16, 2022

Key People

Founding team and executive leadership

Faisal Alqarni

Co-Founder, Chief Strategy Officer

Founding Team

Ali Alorainy

Co-Founder CEO

Founding Team

Mala'a Investors

Notable investors and investment history

Mala'a investors
InvestorRounds
SNB CapitalSeries A
Khawarizmi VenturesSeed
Wealth WellSeed
Khwarizmi VenturesSeries A, Seed
Impact46Series A, Seed
VentureSouqSeed
Derayah FinancialSeries A

Market signals

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  • Sep 3, 2024

    $17.3M round led by SNB Capital.

Mala'a Filings

SEC and related filings with document metadata.

Data table
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Mala'a Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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Firmographic Details

HeadquartersRiyadh
Employee Range53
Year Founded2021
Last FundingSep 3, 2024

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