UAE-based wealth management platform Myne has successfully closed a $2 million pre-seed funding round, led by Scene Holding, with participation from Raz Holding, Plus VC, Annex Investments, and a group of strategic angel investors. This investment marks a major step in Myne’s journey to revolutionize personal finance. In addition, it aims to offer a comprehensive, real-time financial management platform for individuals and businesses.
Myne UAE is bringing Wealth Management into the Digital Age
Founded in 2024 by Karim Chouman, Myne provides an integrated platform that offers asset tracking, real-time market integration, live budgeting tools, and digitized estate planning services. The idea for Myne was born out of a personal experience. In fact, Karim and a university friend—who later became an investor—realized the frustration of managing financial assets across multiple platforms. Their urgency to solve this issue grew after witnessing a grieving family struggle to organize the finances of a loved one. In effect, all this led to the creation of Myne at that time. It is a solution which simplifies wealth management, centralizes assets in real-time, and ensures financial security.
Strategic Growth and Regional Expansion
With this $2 million funding, Myne plans to:
- Scale its operations and technology infrastructure
- Accelerate user acquisition
- Support its innovation pipeline
- Develop a roadmap for regional expansion, starting with Saudi Arabia and the GCC
“Our vision is to empower individuals and businesses to take control of their financial health,” said Karim Chouman, Founder and CEO of Myne. “We are grateful for the trust our investors have placed in us, and this funding will allow us to scale our operations and bring our financial management tools to a wider audience.”
Karim further emphasized that financial management should not be a fragmented experience. He stated, “We aim to simplify wealth management by consolidating all financial assets—whether they are in banks, stocks, crypto, or other investments—into a single, intuitive platform. Our goal is to make financial planning seamless, accessible, and secure for everyone.”
Investor Confidence in Myne UAE
The investors backing Myne believe in its potential to transform the fintech landscape in the region.
Sultan Ghaznawi from Scene Holding remarked, “Myne’s ability to integrate various financial assets into one centralized platform is a game-changer. We see huge potential in their approach to financial well-being and are excited to support their expansion in Saudi Arabia and beyond.”
Hasan Haider, Managing Partner at Plus VC, added, “Myne addresses critical gaps in personal wealth management. Their technology is designed to give users real-time insights into their financial health, helping them make informed decisions. We are excited to support Karim and his team as they scale this vision across the region.”
A Comprehensive Solution for Financial Empowerment
Myne’s platform is designed for individuals, professionals, and businesses looking for real-time financial insights and long-term wealth planning tools. Key features of Myne include:
- Personalized Wealth Dashboard – Tracks bank accounts, stocks, crypto, and other financial assets across multiple platforms.
- Live Budgeting Tools – Helps users monitor spending, savings, and investments with real-time market data.
- Estate Planning Services – Ensures that assets are properly managed, safeguarded, and accessible when needed.
- Multi-Currency Support – Syncs financial assets in over 10 currencies.
- Financial Advisor Integration – Connects users with top-tier wealth planners for strategic financial growth.
Paving the Way for the Future of Fintech
As Myne establishes its presence in the UAE, its next milestone will be expanding into Saudi Arabia and other GCC markets. The startup aims to set new standards in financial management. In effect, it aims to empowering users with tools to track, grow, and protect their wealth.
With growing investor confidence, a strong market demand for integrated wealth management solutions, and a clear expansion strategy, Myne is poised to become a key player in MENA’s evolving fintech ecosystem.
