FRiENDi Mobile

Dubai, United Arab Emirates Founded: 2009 • Age: 17 yrs
MVNO in SAMEA region

About FRiENDi Mobile

FRiENDi Mobile is a Telecommunications company based in Dubai (United Arab Emirates) founded in 2009. MVNO in SAMEA region. FRiENDi Mobile has raised $10 million across 2 funding rounds from investors including Standard Bank, NTEC Kuwait and Dolphin International. Its chief executive, as recorded, is Alex Bennett. Its website friendimobile.com draws about 87 thousand monthly visits. Its focus areas include Telecom, Telecom Operators, Cellular and MVNO.

Company details

Founded in 2009, FRiENDi Mobile operates as a mobile virtual network operator in the SAMEA region, with headquarters in Dubai, United Arab Emirates. Prepaid services, including local and international calls, SMS, mobile internet, and data-only packages, are provided across Oman, Saudi Arabia, Jordan, and Malaysia. The parent FRiENDi Group was rebranded as Virgin Mobile Middle East Africa in July 2012.

Key Metrics
  • Total Equity Funding
    $10M (USD)

    in 2 rounds

  • Latest Funding Round
    $15M (USD), Debt – Conventional

    Apr 2011

  • Investors

Funding Insights of FRiENDi Mobile

FRiENDi Mobile has successfully raised a total of $10M across 2 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $15 million completed in April 2011. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $10M
  • Total Rounds 2
  • Last Round Debt – Conventional β€” $15M
  • First Round $10M

    (Apr 2011)

  • Investors Count 3

All 2 funding rounds of FRiENDi Mobile with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Apr 2011$10MSeries B––
Apr 2011$15MDebt – Conventional––
Valuation history

3 investors in total: 3 institutional.

Investors in FRiENDi Mobile

FRiENDi Mobile has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Standard Bank, NTEC Kuwait and Dolphin International.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
NTEC Kuwait is engaged in technology and knowledge transfer services.
ntec.com.kwKuwait City, Kuwait
dolphintl.com
Commercial banking services are provided across 20 African countries.
1862standardbank.comJohannesburg, South Africa
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Investor details for FRiENDi Mobile

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People of FRiENDi Mobile

1 people are tracked at FRiENDi Mobile (1 in leadership).

NameRoleGroup
Alex Bennett
CEOLeadership
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Timeline of FRiENDi Mobile

2 dated milestones of FRiENDi Mobile across 2 years, from founding to its latest funding, stage changes and deals.

  1. Founded FRiENDi Mobile is founded.
  2. Funding First funding round of $10.0M.

Web traffic of FRiENDi Mobile

The website of FRiENDi Mobile (friendimobile.com) receives about 87.2K visits a month and ranks #372,109 among all websites worldwide, #5,302 in Banking Credit and Lending.

  • Monthly visits
    87.2K

    ▲ 73.1% vs previous month

  • Unique visitors
    24.2K

    per month

  • Global rank
    #372,109

    among all websites

  • Category rank
    #5,302

    Finance · Banking Credit and Lending

Similar websites

Websites whose visitors overlap most with FRiENDi Mobile. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
virginmobile.sa
100%
452.2K#115,323View details
friendisaudi.com
friendisaudi.com
71%
–
ksfe.com
69%
355.7K#115,778View details
ej.sa
ej.sa
69%
–
binarytilt.com
binarytilt.com
42%
–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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  • Audience overlap
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Related news about Friendi Mobile

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Frequently Asked Questions about FRiENDi Mobile

FRiENDi Mobile was founded in 2009 and raised its 1st funding round 2 years after it was founded.

FRiENDi Mobile is headquartered in Dubai, United Arab Emirates. It is registered at Dubai, Dubai, United Arab Emirates.

Alex Bennett is the CEO of FRiENDi Mobile, as recorded in our data.

FRiENDi Mobile is a funded company, having raised a total of $10M across 2 funding rounds to date. The company's 1st funding round was a Series B of $10M, raised on Apr 2011.

Founded in 2009, FRiENDi Mobile operates as a mobile virtual network operator in the SAMEA region, with headquarters in Dubai, United Arab Emirates. Prepaid services, including local and international calls, SMS, mobile internet, and data-only packages, are provided across Oman, Saudi Arabia, Jordan, and Malaysia. The parent FRiENDi Group was rebranded as Virgin Mobile Middle East Africa in July 2012.

FRiENDi Mobile has 3 investors. Key investors include Standard Bank, NTEC Kuwait, and Dolphin International.

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