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McKinsey Alumni-Founded Dubai Fintech Rides Mideast Startup Boom

McKinsey Alumni-Founded Dubai Fintech Rides Mideast Startup Boom

Bloomberg8 hours ago
A Dubai-based fintech founded by two former McKinsey & Co. consultants has raised $48 million, underscoring continued investor confidence in Middle Eastern startups.
Alaan's fundraise — one of the region's larger Series A rounds — was led by Peak XV Partners, formerly Sequoia Capital India & Southeast Asia, it said in a statement. The fintech did not disclose its valuation.
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Saudi Aramco Profit Dips For 10th Quarter In A Row

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