Middle East AI Fintech Company Alaan Raises $48 Million in Funding to Help Businesses with Intelligent Management!
Middle East fintech Alaan raised $48M in Series A funding led by Peak XV Partners. Founded by ex-McKinsey consultant, it addresses corporate card challenges. Despite regulatory delays, Alaan became the first B2B platform in MENA to integrate Apple Pay and AI for finance. Since 2022, it processed 2.5M transactions, served 1,500 finance teams, saved 1.5M hours, and achieved $10M profit. Funds will expand in Saudi and boost AI R&D.....
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