Malaa Technologies logo — Malaa is a personal wealth management app that enables you t...

Malaa Technologies

Malaa is a personal wealth management app that enables you to make better financial decisions #SaveBetter

Founded 2021 Saudi Arabia Saudi Arabia 41 employees Seed Total: $6.40M Analytics, Financial Services +2

General Information

Company Name Malaa Technologies
Founded Year 2021
Location Saudi Arabia Saudi Arabia
Employees 41
Industries Analytics, Financial Services, Fintech +1
Funding Stage Seed
Social

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About Malaa Technologies

Malaa Technologies is a Saudi-based startup founded in 2020, offering a personal wealth management app. The company's slogan, "Malaa is a personal wealth management app that enables you to make better financial decisions #SaveBetter," encapsulates its core mission. Malaa aims to revolutionize the financial services and fintech industries by providing data-driven financial products and services for both individual consumers and organizations. Its recent SAR6.40M Seed Round investment on 16 March 2022 from noteworthy investors including VentureSouq, Khawarizmi Ventures, Wealth Well VC, and Impact46 signifies growing confidence in the company's vision. With its focus on improving financial decision-making processes, including savings, loans, and investments, Malaa is poised to carve a significant niche in the market, leveraging cutting-edge technology to empower its users.

Business keywords: Wealth management, Financial decision making, Personal finance, Financial products, Technology adoption, Data-driven, Savings, Loans, Investing, Digital finance, Financial services, Consumer finance, Financial technology, Personal wealth

Funding Rounds & Investors (1)

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Funding Stage Amount Investors Lead Investors Date
Seed Round SAR6.40M 4
VentureSouq, Khwarizmi Ventures +2
16 Mar 2022

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FAQ About Malaa Technologies

Malaa is a personal wealth management app that enables you to make better financial decisions #SaveBetter
Malaa Technologies was founded in 2021.
Malaa Technologies is headquartered in Saudi Arabia.
Malaa Technologies operates in Analytics, Financial Services, Fintech and Mobile. Its work centres on Wealth management, Financial decision making, Personal finance and Financial products.
Malaa Technologies has approximately 41 employees.
Malaa Technologies has completed 1 funding round, raising a total of $6.40M. The latest funding stage is Seed.
Top alternatives and competitors to Malaa Technologies include VertaaEnsin.fi, CreditMantri, Moka Financial Technologies, New Wealth, first-class WealthTech, Yuh. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Malaa Technologies and VertaaEnsin.fi 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 Malaa Technologies, https://bouncewatch.com/company/malaa-technologies, updated 30 December 2024. When citing, please name BounceWatch and link this page.

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