Dubai’s 101 Fastest Growing FinTech Startups

At Fintech Energy we track over 200,000 fintech startups and over 1,000,000 people who hold key positions in these companies. We use this directory of startups to highlight top employees, founders and organisations we think deserve more appreciation than they are currently getting.

We’ve ranked the top 101 FinTech companies in Dubai. The companies, startups and institutions listed in this article are all exceptional companies, well worth a follow. We have included links to their websites, socials and CrunchBase (if you’re interested in their financials).

We selected the organisations listed in this article based on:

Track record
Executive leadership
Market share
Innovation
ESG rating

Our Data – We source our data from OSINT (open source intelligence) and public directories such as Crunchbase, SemRush and many more. The data from these sources should be treated with a degree of caution and verified yourself.

Top FinTech Companies & Startups (Dubai)

Hubpay

Founders	Kevin Kilty
Follow	Website, Crunchbase, Twitter, Facebook, Linkedin

Hubpay is an independently regulated provider of cross-border money services designed to increase financial inclusion in emerging markets.

Channel VAS

Founders	Bassim Haidar
Follow	Website, Crunchbase, Twitter, Facebook, Linkedin

The premium Fintech provider of Mobile Financial Services, Airtime Credit & Airtime Advance Services, Handset Loans and Big Data Analytics

NOW Money

Founders	Ian Dillon, Katharine Budd
Follow	Website, Crunchbase, Twitter, Facebook, Linkedin

NOW Money uses mobile banking technology to bring accounts and remittance to the unbanked population of the Middle East.

Cashew Payments

Founders	Ammar Afif, Ibtissam Ouassif
Follow	Website, Crunchbase, Twitter, Facebook, Linkedin

Cashew is a buy now, pay later platform that allows its customers to shop now and pay later in equal monthly installments.

Ziina

Founders	Andrew Gold, Faisal Toukan, Sarah Toukan
Follow	Website, Crunchbase, Twitter, Facebook, Linkedin

Ziina is bringing the next generation of financial services to the Middle East. Ziina is the UAE’s first peer-to-peer payment app.

Beehive

Founders	Craig Moore
Follow	Website, Crunchbase, Twitter, Facebook, Linkedin

Beehive connect businesses looking for finance with investors, building mutually beneficial partnerships for growth.

Telr

Founders	Elias Ghanem, Harveen Narulla, Khaldoon Tabaza, Khalil Alami, Sirish Kumar, Sridhar Gorantla
Follow	Website, Crunchbase, Twitter, Facebook, Linkedin

An award-winning, Dubai-based start-up offering payment gateway solutions.

Datacultr

Founders	Neel Juriasingani, Sujoy Ghosh
Follow	Website, Crunchbase, Twitter, Facebook, Linkedin

Datacultr is the Global OS for Debt Collections for High Risk Lending, reduces defaults & NPAs

BECO Capital

Founders	Amir Farha, Dany Farha
Follow	Website, Crunchbase, Twitter, Facebook, Linkedin

BECO Capital provides growth capital and hands-on operational support for early-stage technology companies.

Mamo

Founders	Asim Janjua, Imad Gharazeddine, Mohammad El Saadi
Follow	Website, Crunchbase, Twitter, Facebook, Linkedin

A bold and inclusive FinTech committed to empowering people to effortlessly access their money through simpler, faster, friendlier finance.

yallacompare

Founders	Jon Richards
Follow	Website, Crunchbase, Twitter, Facebook, Linkedin

yallacompare is a Middle-East-based financial comparison platform that enables its users to compare banks and financial institutions.

Klaim

Founders	Ghafoor Ahmad, Karim Dakki
Follow	Website, Crunchbase, Twitter, Facebook, Linkedin

Klaim is an InsureTech platform offering a SaaS medical claim management and financing platform all in one.

Stake

Founders	Manar Mahmassani, Rami Tabbara, Ricardo Brizido
Follow	Website, Crunchbase, Twitter, Facebook, Linkedin

Stake Properties is a digital real estate investment platform.

SimpliFi

Founders	Ali Amin Sattar
Follow	Website, Crunchbase, Twitter, Facebook, Linkedin

SimpliFi is on a mission to democratize payments by building the leading Cards as a Service (CaaS) platform for MENA and Pakistan.

Loyyal

Founders	Gregory Simon, Sean Dennis, Shannon Code
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Loyyal is a loyalty and rewards platform that brings interoperability to the currently fragmented industry.

Foloosi

Founders	Mohan Karuppiah, Omar Bin Brek
Follow	Website, Crunchbase, Twitter, Facebook, Linkedin

Foloosi facilitating consumer-to-business card payments by enabling the business to display QR code to scan & pay.

Xpence

Founders	Konstantin Danilkov, Saad Ansari
Follow	Website, Crunchbase, Twitter, Facebook, Linkedin

Xpence is the MENAP region’s first smart business spend platform for freelancers, startups, SMEs, and corporates.

Mashreq Bank

Founders	Abdul Aziz Abdulla Al Ghurair
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Mashreq is a banking and financial services platform.

Magnitt

Founders	Philip Bahoshy
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Magnitt is a startup directory that connects investors, mentors, and emerging companies in the Middle East.

PaySky

Founders	Waleed Sadek
Follow	Website, Crunchbase, Twitter, Facebook, Linkedin

Next-generation electronic payment solutions provider

Distichain

Founders	Haisam Jamal, Wassim Merheby
Follow	Website, Crunchbase, Twitter, Facebook, Linkedin

SaaS B2B marketplaces, integrated ecosystem of service providers, blockchain-based verification, supply-chain, trade finance.

Wally

Founders	Saeid Hejazi
Follow	Website, Crunchbase, Twitter, Facebook, Linkedin

The easiest and fastest way to manage your financial life in one place. Get clarity. Get smarter. Get in-control.

Cashee

Founders	Brad Whittfield, Gups Jutla, Smeetha Ghosh Jorgensen
Follow	Website, Crunchbase, Twitter, Facebook, Linkedin

Cashee provides a prepaid card and digital platform to kids and teens.

Raseed

Founders	Abdel Sallam Qatshan
Follow	Website, Crunchbase, Twitter, Facebook, Linkedin

Raseed makes investing in the US Stock Market simple, easy and affordable.

Kamel Pay

Founders	Unknown
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Kamel Pay is a fintech and digital financial solutions provider.

BitOasis

Founders	Daniel Robenek, Ola Doudin
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BitOasis is a cryptocurrency trading platform offering a digital asset wallet and exchange to buy, sell, and trade.

Sarwa

Founders	Jad Sayegh, Mark Chahwan, Nadine Mezher
Follow	Website, Crunchbase, Twitter, Facebook, Linkedin

Sarwa is an online platform that makes investing in global markets simple and affordable for investors in the Middle East.

Pyypl

Founders	Unknown
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Pyypl (pronounced as “people”) enables digital payments for the approaching 1 billion smartphone users in the Middle East and Africa.

Clearly

Founders	Fara Remtulla
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Clearly is a digital bank in the Middle East.

Stake

Founders	Manar Mahmassani, Rami Tabbara, Ricardo Brizido
Follow	Website, Crunchbase, Twitter, Facebook, Linkedin

Real Estate Fintech / Investment Platform

Invoice Bazaar

Founders	Anand Nagaraj
Follow	Website, Crunchbase, Twitter, Facebook, Linkedin

Invoice Bazaar is a Fintech company that is focused on the financial inclusion of under-served Small and Mid-sized Enterprises (SME).

Remitex Technologies Ltd

Founders	Abhishek Jajoo, Abhishek Jajoo
Follow	Website, Crunchbase, Twitter, Facebook, Linkedin

DIGI is a financial institution’s digital compliance officer.

Zywa (YC W22)

Founders	Alok Kumar, Nuha Hashem
Follow	Website, Crunchbase, Twitter, Facebook, Linkedin

Zywa is the first neobank for teenagers in the Middle East and North Africa region

McLedger

Founders	Alaa Amer, Khaled Atia, Private Investor
Follow	Website, Crunchbase, Twitter, Facebook, Linkedin

Online bookkeeping services using technology to give businesses access to low-cost, accurate and fast accounting services.

Alaan

Founders	Karun Kurien, Parthi Duraisamy
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Alaan is a multi-currency spend management platform enabling SMEs to digitise their business expenses.

Gulf Capital

Founders	Hareb Al Darmaki, Karim El Solh
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Gulf Capital is an investment firm with experience in Growth Markets across Private Equity, Private Debt, Growth Capital, and Real Estate.

PointCheckout

Founders	Bashar Saleh
Follow	Website, Crunchbase, Twitter, Facebook, Linkedin

A digital payment method for reward points and miles

Felix

Founders	Edmond Husseini, Taline Vahanian
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Felix is a technology platform to seamlessly connects UAE insurers, intermediaries and their customers.

Codebase Technologies

Founders	Raheel Iqbal, Rizwan Warsi
Follow	Website, Crunchbase, Twitter, Facebook, Linkedin

One of the world’s fastest-growing open API banking solutions providers with a vision of “utilizing technology for a greater purpose”.

MenaPay

Founders	Kader Kutun
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Blockchain-based, fully backed cryptocurrency to provide a secure and transparent payment gateway

Springbox AI

Founders	Fayze Bouaouid, Kassem Lahham
Follow	Website, Crunchbase, Twitter, Facebook, Linkedin

Springbox AI is an AI-powered financial forecasting application designed to replace financial market investment service.

Shuaa Capital psc

Founders	Unknown
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SHUAA Capital psc is a leading asset management and investment banking platform, with c. US$14 billion in assets under management.

Baraka

Founders	Feras Jalbout
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Baraka develops a commission-free investment app for the GCC.

Monami Tech

Founders	Ammar Afif
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Monami Tech helps financial institutions to build efficiency and streamlines operations.

DepositBook

Founders	Siddharth Bhandari
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DepositBook is an online platform and an open banking network which connects Banks and Depositors globally.

Money Protects™ of MAB Innovations ROFR Co.

Founders	Farooq A., Mirza Ashraf Beg
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Financial Services – FinTech

Bridg

Founders	Moussa Beidas, Nadim Jarudi
Follow	Website, Crunchbase, Twitter, Facebook, Linkedin

An advanced consumer-to-merchant smartphone payment platform harnessing the power of bluetooth.

QFIL Solutions

Founders	Ahmed Al Bayati, Hani AlAita, Jubran Rahal, Samer Jafari
Follow	Website, Crunchbase, Twitter, Facebook, Linkedin

AI driven FinTech solutions

Qashio

Founders	Jonathon Lau
Follow	Website, Crunchbase, Twitter, Facebook, Linkedin

Qashio is a spend management platform that allows people to monitor costs, make payments with app credit cards, and handle payables.

Encore Pay

Founders	Unknown
Follow	Website, Crunchbase, Twitter, Facebook, Linkedin

Encore Pay is a UAE-based FinTech and Payment solutions provider.

Durise

Founders	Maher Osman, Waleed Esbaitah
Follow	Website, Crunchbase, Twitter, Facebook, Linkedin

The First Platform To Crowdfund Real Estate In The Middle East

Tarabut Gateway

Founders	Abdulla Almoayed
Follow	Website, Crunchbase, Twitter, Facebook, Linkedin

MENA’s first and largest regulated Open Banking platform (AISP & PISP) that connects a regional network of banks and FinTechs via API.

Fintech Galaxy

Founders	Mirna Sleiman
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Fintech | Open Banking | Open Finance

InstaVal

Founders	Akram El Youssi
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Data Driven Investment Readiness Platform made to promote equity investments in startups and scaleups.

Funding Souq

Founders	Martin Jaouni
Follow	Website, Crunchbase, Twitter, Facebook, Linkedin

Funding Souq ia digital lending platform that connects investors with established SMEs that are seeking business loans.

Huspy

Founders	Jad Antoun, Khalid Ashmawy
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Huspy is a proptech company that simplifies the home financing process.

Edfundo

Founders	Andrew Toward, Simon Wing
Follow	Website, Crunchbase, Twitter, Facebook, Linkedin

Edfundo provides a money management app and prepaid card giving kids and teens an unrivalled banking experience.

PowerErn

Founders	Jaskaran Singh Sethi
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Financing Solar Energy Solutions for High-Impact Communities via blockchain-based Micro-Investing Ecosystem

The Accounter

Founders	Fadi Elghattis
Follow	Website, Crunchbase, Twitter, Facebook, Linkedin

Innovative Mobile App founded to solve Accounting & Taxation need of SMEs & Startups. While employing Ai, Cloud & machine learning.

Arabtizor

Founders	Ivan Nickolaev
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Arabtizor Holdings Inc. we are the Arab digital asset network and blockchain technology partners in Arab world

Spotii

Founders	Anuscha Iqbal, Ziyaad Ahmed
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Spotii is a provider of Shop Now and Pay Later with no interest, no cost and no catch.

YAP

Founders	Marwan Hachem
Follow	Website, Crunchbase, Twitter, Facebook, Linkedin

Digital Banking Mobile App

Dalma Capital

Founders	Zachary Cefaratti
Follow	Website, Crunchbase, Twitter, Facebook, Linkedin

Hedge fund manager, accelerator, pioneer in the institutionalization of crypto asset management, custody and investment banking

Majid Al Futtaim Holdings LLC.

Founders	Majid Al Futtaim
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Majid Al Futtaim is an Emirati holding company based in Dubai.

Jingle Pay

Founders	Amir Fardghassemi
Follow	Website, Crunchbase, Twitter, Facebook, Linkedin

Jingle Pay offers social payment solutions for individuals and businesses on mobile & desktop platforms.

CASHU

Founders	Unknown
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CASHU is a safe payment method designed for and customized to suit, serve, and support online shoppers.

DIFC FinTech Hive

Founders	Unknown
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DIFC FinTech Hive connects startups with the region’s largest financial industry stakeholders and institutions.

Savii – Banking for Teens

Founders	Jane Harvey, Nichola Collinson
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The first neobank for teens in the GCC

Satowallet

Founders	Samuel Benedict
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Satowallet is a secured multi-asset cryptocurrency and Exchange app for Storing, Mining, Trading, Swapping and transacting crypptocurries.

Cashew

Founders	Saniya Shaikha
Follow	Website, Crunchbase, Twitter, Facebook, Linkedin

Savings Ledger Platform

Bitex

Founders	Monark Modi
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Bitex is a digital currency trading platform and a multi-signature wallet service.

Global Millennial Capital

Founders	Andreea Danila
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The first venture capital investor to use artificial intelligence and deep learning to make global early stage investments

BankSocial

Founders	John Wingate
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We’re social consensus Banking and Finance secured on the blockchain for the world. The first bank built for the people.

Bankiom

Founders	Danny Abla
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Bankiom is a digital bank for millennials and mobile natives.

Ali Cloud Investment

Founders	Unknown
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Ali Cloud Investment is a Dubai-based boutique investment banking firm.

Neo Technologies

Founders	Abdullah Razooqi, Fahad Al Bader
Follow	Website, Crunchbase, Twitter, Facebook, Linkedin

Neo Technologies is a UAE based, leading technology services company focused on digital wealth management solutions in the MENA region.

Finllect

Founders	Maimoona Mohammed
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Better financial health for the next gen.

Exirio

Founders	David Martínez de Lecea
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Track all your wealth. In one place.

Splintr

Founders	Abdulrahman AlJumah, Badr AlBadr, Mohammad AlMajid AlMheiri
Follow	Website, Crunchbase, Twitter, Facebook, Linkedin

Splintr is the first Buy Now Pay Later company in the GCC region, offering customers multiple payment options at the point of checkout.

Wethaq Capital Markets

Founders	Mohammed Alsehli
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Wethaq Capital leading regulated venture in Islamic Capital Markets

GameChange Solutions

Founders	Shailesh Tiwari
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GameChange Solutions is a FinTech operating company.

Holo.ae

Founders	Arran Summerhill, Michael Hunter
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Holo is the first web-based Digital mortgage advice and application platform in the Middle East.

Noor Bank

Founders	Mohammed bin Rashid Al Maktoum
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Noor Bank (formerly Noor Islamic Bank) was established in January 2008, in Dubai – United Arab Emirates.

CNS

Founders	Unknown
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CNS deals with innovations and technology in areas like digital banking, cybersecurity, cloud, IT, data and analytics.

Soulwallet

Founders	Deepak Kumar, Rahul Surendran
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A unique UAE based comparison site which helps customers make well informed personal finance decisions.

Acquico

Founders	Sultan AlMasri
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Fundraising

TFL TECH

Founders	Unknown
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Software development company

FINMAAL

Founders	Muhammad Ashfaq-Ur-Rehman
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Finmaal is a fintech venture on a mission to simplify financial products for making people lives easier.

Jaib

Founders	Fouad Jeryes, Sinan Taifour
Follow	Website, Crunchbase, Twitter, Facebook, Linkedin

Jaib is an intelligent, quick, card-less and bank-less payment method.

ALPHASEED TECHNOLOGY LDT

Founders	Feras Kiaewe, Marwan Khadour
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Alphaseed Technology is a fintech firm active in the blockchain technology space through multiple digital platforms.

Intermeta

Founders	Eduardo Mourao
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Intermeta was consultancy firm specialized in critical software for financial firms

Incipient IT

Founders	Matt Dibb
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SE Asia incubator specialising in development and capital procurement for innovative and disruptive online services.

eResolute

Founders	Kashif Ahmad Khan
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eResolute is a futuristic fintech company with a core focus on aggregating billers globally.

Marshal

Founders	Unknown
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Marshal is the first and oldest enabler of payment technology in the Middle East. We turned 40 this year!

TKEY

Founders	Unknown
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Digitalization and instant payments are at the heart of everything we do.

GCC Exchange

Founders	Unknown
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GCC Exchange is an UAE based fast growing money transfer, foreign exchange and payment solution brand for individuals and businesses.

slavi.io

Founders	Unknown
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Сross-chain decentralized SuperDApp with 30+ blockchains & one-click access to Luxury services and NFT

Dubai Gold & Commodities Exchange

Founders	Unknown
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DGCX is the region’s first derivatives exchange and the only one allowing participants to clear.

STORNEST

Founders	Unknown
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Digital legacy planning tool providing a unique digital service globally.

Dubai Future District Fund

Founders	Unknown
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Funding the future of finance and future economies.

Dubai Investments PJSC

Founders	Unknown
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Dubai Investments PJSC is a leading investment company listed on the Dubai Financial Market