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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 CrunchbaseSemRush 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

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


Channel VAS

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


NOW Money

FoundersIan Dillon, Katharine Budd
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NOW Money uses mobile banking technology to bring accounts and remittance to the unbanked population of the Middle East.


Cashew Payments

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


Ziina

FoundersAndrew Gold, Faisal Toukan, Sarah Toukan
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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

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


Telr

FoundersElias Ghanem, Harveen Narulla, Khaldoon Tabaza, Khalil Alami, Sirish Kumar, Sridhar Gorantla
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An award-winning, Dubai-based start-up offering payment gateway solutions.


Datacultr

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


BECO Capital

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


Mamo

FoundersAsim Janjua, Imad Gharazeddine, Mohammad El Saadi
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A bold and inclusive FinTech committed to empowering people to effortlessly access their money through simpler, faster, friendlier finance.


yallacompare

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


Klaim

FoundersGhafoor Ahmad, Karim Dakki
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Klaim is an InsureTech platform offering a SaaS medical claim management and financing platform all in one.


Stake

FoundersManar Mahmassani, Rami Tabbara, Ricardo Brizido
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Stake Properties is a digital real estate investment platform.


SimpliFi

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


Loyyal

FoundersGregory 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

FoundersMohan Karuppiah, Omar Bin Brek
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Foloosi facilitating consumer-to-business card payments by enabling the business to display QR code to scan & pay.


Xpence

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


Mashreq Bank

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


Magnitt

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


PaySky

FoundersWaleed Sadek
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Next-generation electronic payment solutions provider


Distichain

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


Wally

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


Cashee

FoundersBrad Whittfield, Gups Jutla, Smeetha Ghosh Jorgensen
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Cashee provides a prepaid card and digital platform to kids and teens.


Raseed

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


Kamel Pay

FoundersUnknown
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Kamel Pay is a fintech and digital financial solutions provider.


BitOasis

FoundersDaniel 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

FoundersJad Sayegh, Mark Chahwan, Nadine Mezher
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Sarwa is an online platform that makes investing in global markets simple and affordable for investors in the Middle East.


Pyypl

FoundersUnknown
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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

FoundersFara Remtulla
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Clearly is a digital bank in the Middle East.


Stake

FoundersManar Mahmassani, Rami Tabbara, Ricardo Brizido
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Real Estate Fintech / Investment Platform


Invoice Bazaar

FoundersAnand Nagaraj
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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

FoundersAbhishek Jajoo, Abhishek Jajoo
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DIGI is a financial institution’s digital compliance officer.


Zywa (YC W22)

FoundersAlok Kumar, Nuha Hashem
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Zywa is the first neobank for teenagers in the Middle East and North Africa region


McLedger

FoundersAlaa Amer, Khaled Atia, Private Investor
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Online bookkeeping services using technology to give businesses access to low-cost, accurate and fast accounting services.


Alaan

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


Gulf Capital

FoundersHareb 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

FoundersBashar Saleh
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A digital payment method for reward points and miles


Felix

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


Codebase Technologies

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


MenaPay

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


Springbox AI

FoundersFayze Bouaouid, Kassem Lahham
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Springbox AI is an AI-powered financial forecasting application designed to replace financial market investment service.


Shuaa Capital psc

FoundersUnknown
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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

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


Monami Tech

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


DepositBook

FoundersSiddharth 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.

FoundersFarooq A., Mirza Ashraf Beg
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Financial Services – FinTech


Bridg

FoundersMoussa Beidas, Nadim Jarudi
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An advanced consumer-to-merchant smartphone payment platform harnessing the power of bluetooth.


QFIL Solutions

FoundersAhmed Al Bayati, Hani AlAita, Jubran Rahal, Samer Jafari
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AI driven FinTech solutions


Qashio

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


Encore Pay

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


Durise

FoundersMaher Osman, Waleed Esbaitah
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The First Platform To Crowdfund Real Estate In The Middle East


Tarabut Gateway

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


Fintech Galaxy

FoundersMirna Sleiman
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Fintech | Open Banking | Open Finance


InstaVal

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


Funding Souq

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


Huspy

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


Edfundo

FoundersAndrew Toward, Simon Wing
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Edfundo provides a money management app and prepaid card giving kids and teens an unrivalled banking experience.


PowerErn

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


The Accounter

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


Arabtizor

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


Spotii

FoundersAnuscha 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

FoundersMarwan Hachem
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Digital Banking Mobile App


Dalma Capital

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


Majid Al Futtaim Holdings LLC.

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


Jingle Pay

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


CASHU

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


DIFC FinTech Hive

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


Savii – Banking for Teens

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


Satowallet

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


Cashew

FoundersSaniya Shaikha
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Savings Ledger Platform


Bitex

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


Global Millennial Capital

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


BankSocial

FoundersJohn 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

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


Ali Cloud Investment

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


Neo Technologies

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


Finllect

FoundersMaimoona Mohammed
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Better financial health for the next gen.


Exirio

FoundersDavid Martínez de Lecea
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Track all your wealth. In one place.


Splintr

FoundersAbdulrahman AlJumah, Badr AlBadr, Mohammad AlMajid AlMheiri
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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

FoundersMohammed Alsehli
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Wethaq Capital leading regulated venture in Islamic Capital Markets


GameChange Solutions

FoundersShailesh Tiwari
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GameChange Solutions is a FinTech operating company.


Holo.ae

FoundersArran 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

FoundersMohammed 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

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


Soulwallet

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


Acquico

FoundersSultan AlMasri
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Fundraising


TFL TECH

FoundersUnknown
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Software development company


FINMAAL

FoundersMuhammad 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

FoundersFouad Jeryes, Sinan Taifour
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Jaib is an intelligent, quick, card-less and bank-less payment method.


ALPHASEED TECHNOLOGY LDT

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


Intermeta

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


Incipient IT

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


eResolute

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


Marshal

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


TKEY

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


GCC Exchange

FoundersUnknown
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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

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


Dubai Gold & Commodities Exchange

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


STORNEST

FoundersUnknown
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Digital legacy planning tool providing a unique digital service globally.


Dubai Future District Fund

FoundersUnknown
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Funding the future of finance and future economies.


Dubai Investments PJSC

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

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