Best Banking Tech Companies in United Arab Emirates
The 69 best Banking Tech companies in United Arab Emirates in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Comfi.
- IDC
Ranked: Best Banking Tech companies in United Arab Emirates
| # | Company | Disclosed funding | Last round | Stage | Founder | Founded | Tech stack | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | Comfi Provider of invoice discounting and buy now pay later services | $70M | 1 mo ago | Seed | Alexander Mushta Co-Founder & CTO | 2023 | WebflowSplidecore-js+19 | 3 job openings |
| 2 | YAP Digital bank for individuals | $61M | 44 mo ago | Seed | Anas Zaidan Founder & Managing Director | 2020 | — | — |
| 3 | yallacompare Comparison platform for financial products | $21M | 73 mo ago | Series B | Samer Chehab Co-Founder & COO | 2011 | — | 1 job opening |
| 4 | Souqalmal.com Comparison platform for financial products | $14M | 104 mo ago | Acquired | Ambareen Musa Founder & CEO | 2012 | — | — |
| 5 | NOW Money Provider of an employer enabled mobile wallet to provide financial solutions | $13M | 24 mo ago | Series A | Katharine Budd Co Founder | 2015 | — | — |
| 6 | Cashee Internet-first bank offering digital banking services for teenagers | $4M | 44 mo ago | Series A | Brad Whittfield Co-Founder | 2020 | — | — |
| 7 | Zywa Provider of a financial application and card for young adults | $4M | 46 mo ago | Seed | Alok Kumar Co-Founder & CEO | 2020 | — | — |
| 8 | Credable Provider of digital banking platform embedding financial services in emerging markets | $2M | 39 mo ago | Seed | Jad Abbas Co-Founder And Cfo | 2021 | — | — |
| 9 | Monami Tech Software solutions for financial institutions | $2M | 93 mo ago | Deadpooled | Brian Quarrie CEO | 2016 | — | — |
| 10 | Lune Developer of a platform providing transaction enrichment and behavior-driven insights | $2M | 25 mo ago | Seed | Helal Tariq Lootah Co-CEO & Co-Founder | 2022 | — | — |
| 11 | Data Cultr Developer of digital debt collection platform | $1M | 45 mo ago | Seed | Sujoy Ghosh Co-Founder & CTO | 2016 | — | — |
| 12 | Edfundo App-based platform for money management for students | $400K | 54 mo ago | Seed | Simon Wing Co-Founder and Chief Executive Officer | 2020 | — | — |
Top 12 Banking Tech companies in United Arab Emirates
#1
Seed · Dubai, Dubai · founded 2023$70Mraised▾
Provider of invoice discounting and buy now pay later services. These financial tools allow businesses to convert outstanding receivables into immediate capital. The services facilitate inventory procurement and payroll management by offering flexible repayment terms. By managing credit cycles and collections, the platform assists in maintaining cash flow for various commercial operations.
- Apr 2026Conventional Debt—
- Apr 2026Seed$65M
- Jun 2024Conventional Debt$5M
#2
Series A · Dubai, Dubai · founded 2015 · 39 employees$13.2Mraised▾
Provider of an employer enabled mobile wallet to provide financial solutions. It provides users with a mobile app that uses mobile banking technology to provide current account and remittance solution to workers. It also works with corporates as a payroll service to provide employees with accounts.
- Jun 2024Series A$4M
- Nov 2023Series A—
- Mar 2021Series A$7M
- Jun 2020Series A—
#3
Seed · Dubai, Dubai · founded 2020 · 62 employees$61Mraised▾
Digital bank for individuals. Its services include deposit accounts, debit cards for online/offline purchases, money transfers, bill payments, and more. It also provides spending analytics, notification for expenses & withdrawals, tools for financial management, and more.
- Oct 2022Seed$20M
- Jul 2022Seed$41M
#4
Seed · Dubai, Dubai · founded 2022 · 13 employees$2.4Mraised▾
Developer of a platform providing transaction enrichment and behavior-driven insights. The platform enriches transaction data in real-time, offering features for tracking spending and managing finances. It serves retail banks, neo-banks, and fintechs, enabling personalized banking experiences. The platform aims to transform transactional data into actionable intelligence.
- May 2024Seed$1.5M
- Oct 2022Seed$850K
- Apr 2022Seed$68K
#5
Series B · Dubai, Dubai · founded 2011 · 111 employees$21.1Mraised▾
Yallacompare is an online comparison platform for financial products. Users can compare multiple products including personal loans, auto loans, home loans, business loans, and commercial loans. They can also compare credit cards, current account, savings account, and insurance products.
- May 2020Series B$4.2M
- Jan 2019Series B$8M
- May 2017Series B$3.5M
- Sep 2016Series A$2.4M
#6
Series A · Dubai, Dubai · founded 2020$4Mraised▾
Internet-first bank offering digital banking services for teenagers. It offers digital banking and financial management services for teenagers and also allows their parents to send money, monitor, and control their financial habits. Its services include savings accounts, NFC-enabled personalized prepaid cards for online/offline purchases, bill payments, money transfers, and more. It features a money and task tracker, savings tools, and more. Its application is available on Android and iOS platforms.
- Oct 2022Series A$3M
- Jun 2021Seed$1M
#7
Seed · Dubai, Dubai · founded 2020 · 17 employees$4Mraised▾
Provider of a financial application and card for young adults. The application allows users to spend, save, and earn money. It facilitates money transfers and tracks spending. The card can be frozen and set with spending limits. The application also provides access to rewards and cashback offers.
- Aug 2022Seed$3M
- Feb 2022Seed$1M
#8
Seed · Dubai, Dubai · founded 2021 · 21 employees$2.5Mraised▾
Provider of digital banking platform embedding financial services in emerging markets. The platform partners with financial institutions and businesses to launch financial services. These services include credit, savings, and payments products using B2B2C digital infrastructure. The platform provides end-to-end solutions, allowing businesses to focus on their core operations.
- Mar 2023Seed$2.5M
- 2021Seed—
#9
Acquired · Dubai, Dubai · founded 2012 · 24 employees$14.5Mraised▾
Personal finance can be a topic that often overwhelms people - Think banking, insurance, saving, investing and just about anything to do with managing money. We at Souqalmal.com are working hard to make personal finance easier to grasp, more transparent and readily accessible for our users. Souqalmal.com is changing the way you deal with money! Compare over 3,200 personal finance products in the UAE and Saudi Arabia on Souqalmal.com, at the click of a button - Personal loans, Home loans, Car loans, Credit cards, Bank accounts, Car insurance, Home insurance and more!
#10
Seed · Dubai, Dubai · founded 2016 · 75 employees$1Mraised▾
Developer of digital debt collection platform. It provides users with a company that features data-driven risk mitigation and debt collections management on a SaaS-enabled platform. It brings down credit risk on unbanked or underbanked or sub-prime customers by collateralizing their smartphones. It facilitates debt collections by digitizing and automating communication and relevant collections processes.
- Sep 2022Grant (prize money)$25K
- Jan 2022Seed$1M
- Jul 2020Grant (prize money)—
- Apr 2020Seed$19.1K
#11
Deadpooled · Dubai, Dubai · founded 2016$2.5Mraised▾
Monami tech provides software solutions for financial institutions. Offers a loan management software solution called Lendme that automate the loan origination process and offer multiple features such as origination, disbursement, tracking, and closure of loans, KYC ratification, etc. The company provides a white-label wallet that manages multiple payments and multiple banking features and a cloud-based video-chat solution for messaging and document sharing. Also offers a solution for customer onboarding that helps in ID and document verification, e-signature processing, etc. and a voucher management solution that enables the users to provides loyalty schemes and discounts to customers. Serves retail, payments, e-commerce, telecom industry, etc.
- Sep 2018Seed$1M
- Jan 2017Seed$1.5M
#12
Seed · Dubai, Dubai · founded 2020 · 10 employees$400Kraised▾
App-based platform for money management for students. For kids and teens, the company offers a prepaid debit card and app that is secure, rewarding, and instructive, as well as parental controls. Parents can assist their children in saving by paying interest on their money. It also helps users to keep track of their savings and expenses. The App is available for iOS and Android users.
- Dec 2021Seed$400K
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of Banking Tech coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
How research on Fintech is moving in the United Arab Emirates
A read on the academic research around Fintech — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 92 United Arab Emirates-affiliated papers.
- Amity University37
- Al Ain University8
- University of Sharjah6
- Abu Dhabi University6
- Abu Dhabi National Oil4
- Financial services5
- Financial inclusion2
- Population1
- Financial sector development1
- Payment1
- Financial services13
- Financial inclusion5
- Transparency (behavior)5
- Payment5
- Digital transformation3
- Financial services2→13
Where fintech is researched across United Arab Emirates
Location clusters by institution affiliation — each city's volume, stance tone, and a quick read on its hot topic, what's advancing, the opening opportunity, and the main concern.
Common questions
Riya reads income statements for fun. She covers the real money in a sector — revenue, growth, who actually earns — and never met a vague claim she didn't want a number for.