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Kestrl logo — The Muslim Money App

Kestrl

The Muslim Money App

Founded 2020 United Kingdom London, United Kingdom 42 employees Seed Total: $170.00K Finance, Financial Services +3

General Information

Company Name Kestrl
Founded Year 2020
Location United Kingdom London, United Kingdom
Employees 42
Industries Finance, Financial Services, Fintech +2
Funding Stage Seed
Business Model B2C, B2B, SaaS
Revenue Model Subscription, Tiered Pricing, Freemium
Offices as of Sep 2026
GB England London WC2B 4HN, GB England London WC2B 4HN MY Johor Johor Bahru 79250, MY Johor Johor Bahru 79250
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About Kestrl

Kestrl, founded in 2020, is firmly establishing itself in the Fintech landscape with its innovative approach tailored to religious financial practices. Known as "The Muslim Money App," Kestrl offers solutions that enable Muslims to manage and grow their wealth without violating Islamic principles.

Situated at the intersection of Finance, Financial Services, and Payments, the company operates from its headquarters in the United Kingdom. It provides a consumer app alongside a software service designed for banks, facilitating ethical and compliant financial management.

Recently, Kestrl secured a $1.00M Seed Round investment from Wahed Ventures on 01 September 2023, reflecting investor confidence in its scalable business model. As it continues to expand, the traction and potential market reach posit Kestrl as a compelling opportunity for investors interested in diversified, ethical, and high-growth sectors.

Business keywords: Islamic fintech, Sharia-compliant finance, Personal finance management, Digital banking, SaaS for banks, Budgeting app, Impact investment, Ethical banking, Wealth management, Financial technology, Muslim consumer app, Islamic banking, Financial services, Savings app, Investment app

Services & Products

Values-aligned financial services
Interest purification
Zakat calculation
Sub-account creation for goal setting
Biometric security access
Fraud detection and prevention

Target Customers

Ethically-conscious individuals People seeking interest-free banking solutions Muslim community and Islamic finance consumers Individuals focused on sustainable and ethical spending

Funding Rounds & Investors (1)

View All
Funding Stage Amount Investors Lead Investors Date
Seed £170.00K 1
Republic Europe
01 Dec 2020

Kestrl Alternatives & Competitors

View All Alternatives
Kestrl vs
IMAN (500 Global w22)
IMAN (500 Global w22) United States

Infrastructure for banks & Super-apps to launch interest-free financial products. Globally.

Seed
83 employees
Financial Services, Fintech
Compare Kestrl vs IMAN (500 Global w22)
Kestrl vs
Moka Financial Technologies
Moka Financial Technologies Canada

Automate getting rich. The easy way to achieve financial freedom. 💸🚀 #morewithmoka

Series A
7 employees
AI, Finance
Compare Kestrl vs Moka Financial Technologies
Kestrl vs
Mizen
Mizen France

Gérez enfin votre argent sans riba

6 employees
Financial Services, Lending and Investments
Also compare with: Kestrl vs Bank Aladin Syariah Bank Aladin Syariah View all alternatives

FAQ About Kestrl

The Muslim Money App
Kestrl was founded in 2020.
Kestrl is headquartered in London, United Kingdom. As of Sep 2026, it also has offices in GB England London WC2B 4HN, GB England London WC2B 4HN and MY Johor Johor Bahru 79250, MY Johor Johor Bahru 79250.
Kestrl operates in Finance, Financial Services, Fintech, Payments and Banking. Its work centres on Islamic fintech, Sharia-compliant finance, Personal finance management and Digital banking. Its customers include Ethically-conscious individuals, People seeking interest-free banking solutions and Muslim community and Islamic finance consumers.
Kestrl has a B2C, B2B and SaaS business model. Its revenue comes from Subscription, Tiered Pricing and Freemium.
Kestrl has approximately 42 employees.
Kestrl has completed 1 funding round, raising a total of $170.00K. The latest funding stage is Seed.
Kestrl offers: Values-aligned financial services, Interest purification, Zakat calculation, Sub-account creation for goal setting, Biometric security access, Fraud detection and prevention.
Top alternatives and competitors to Kestrl include IMAN (500 Global w22), Moka Financial Technologies, Mizen, Rizq, Boubyan Capital. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Kestrl and IMAN (500 Global w22) are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Kestrl, https://bouncewatch.com/company/kestrl, updated 25 September 2026. When citing, please name BounceWatch and link this page.

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