UAE fintech Myne Raises $2M to Improve Wealth Management

With its user-friendly interface and data-driven insights, Myne is going to become a leading personal finance tool in the region.

Abbas Aziz By Abbas Aziz
2 Min Read

Fintech Growth in the Gulf

Dubai-based fintech startup Myne has successfully secured $2 million in pre-seed funding, marking a significant milestone in its mission to revolutionize wealth management. The funding round was led by Scene Holding, with participation from Raz Holding, Plus VC, Annex Investments, and several angel investors.

The investment will enable Myne to scale its operations, enhance its platform, and expand across the Gulf region. By addressing the gaps in financial tracking and asset management, Myne aims to simplify personal finance for individuals and businesses alike.

Managing Financial Assets with Myne

Myne was founded in 2024 by Karim Chouman, who was inspired to create the platform after witnessing a grieving family struggle to organize a loved one’s finances. Recognizing the challenges individuals face in managing diverse assets, Chouman set out to build a centralized wealth management platform.

With Myne, users can:

  • Sync multiple asset types, including bank accounts, stocks, and cryptocurrencies
  • Access real-time financial updates through a personal dashboard
  • Track spending habits and optimize budgeting
  • Ensure financial security through organized wealth management

Myne can transform fintech in MENA

The fintech sector in the Middle East and North Africa (MENA) is growing rapidly. Startups like Myne are addressing critical financial management challenges. This funding will allow Myne to:

  • Enhance its technology infrastructure for better security and scalability
  • Expand into Saudi Arabia and other Gulf markets
  • Increase user acquisition and improve customer experience

With its user-friendly interface and data-driven insights, Myne is going to become a leading personal finance tool in the region. Moreover, it has the potential to empower individuals to gain better control over their wealth.

The Future of Myne in the Fintech Space

As the demand for comprehensive digital financial solutions rises, Myne aims to play a key role in MENA’s fintech evolution. With strong investor backing and a clear mission, the platform is on track to redefine financial management for individuals and businesses in the region.

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