Kestrl

London, United Kingdom Founded: 2019 • Age: 7 yrs
App-based budgeting and savings platform for Muslims users
Annual revenue - Latest available
Total funding $254,005 3 rounds
Employees - Tracked headcount
Investors 2 Known backers
Products 3 Services tracked
Competitors 9 Brand Intelligence

About Kestrl

Kestrl is a company based in London (United Kingdom) founded in 2019 by Irfan Radzi, Areeb Siddiqui, Ayaz Siddiqui, and Daeng Termizi. Kestrl has raised $254.01 thousand across 3 funding rounds from investors including Techstars and DIFC. Kestrl offers products and services including Halal Screener, Budgeting Tool, and Saving Tool. Kestrl operates in a competitive market with competitors including Plum, Oval Money, Moneyhub, Emma and Money Dashboard, among others.

  • Headquarter London, United Kingdom
  • Founders Irfan Radzi, Areeb Siddiqui, Ayaz Siddiqui, Daeng Termizi
  • Sectors
    Financial Services
    Technology
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Kestrl Ltd
  • Date of Incorporation 05 Nov, 2019
  • Jurisdiction LONDON, ENGLAND
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Technology → Marketing, Adtech & Commerce Technology Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $254.01 K (USD)

    in 3 rounds

  • Latest Funding Round
    $20 K (USD), Seed

    Dec 28, 2022

  • Investors
    Techstars

    & 1 more

  • Employee Count
    Not available
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Products & Services of Kestrl

Kestrl offers a comprehensive portfolio of products and services, including Halal Screener, Budgeting Tool, and Saving Tool.

Product name locked
Category locked
Primary

Screens public companies for Sharia compliance to guide ethical investing.

Product name locked
Category locked
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Analyzes income and spending to create personalized automatic budgets.

Product name locked
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Automates savings towards user goals using connected bank accounts.

People of Kestrl

Headcount 10-50
Employee Profiles 10
Board Members and Advisors 2
Employee Profiles
People
Mohd Ariffin
Full-Stack Developer
People
Israrfaiq Elias
Product Designer
People
Areeb Siddiqui
CEO
People
Irfan Radzi
CTO

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Board Members and Advisors
people
Mufti Faraz Adam
Sharia Advisor
people
James Bagshawe
Advisor

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Funding Insights of Kestrl

Kestrl has successfully raised a total of $254.01K across 3 strategic funding rounds. The most recent funding activity was a Seed round of $20 thousand completed in December 2022. 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.

Investors in Kestrl

Kestrl has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Techstars and DIFC.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Startups are accelerated globally without sector restrictions through structured programs.
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Global financial centre promoting trade, investment, and innovation in Dubai.
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Investor details for Kestrl

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Investments & Acquisitions by Kestrl

Investments
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Investment portfolio details for Kestrl

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  • Transaction dates
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Financial Statements - Kestrl

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Detailed financials for Kestrl

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Kestrl Comparisons

Kestrl Primary company
Description
App-based budgeting and savings platform for Muslims users
Location
London, United Kingdom
Founded Year
2019
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Kestrl

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Competitors of Kestrl

Kestrl operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Plum, Oval Money, Moneyhub, Emma and Money Dashboard, among others.

Company Name Domain Founded year HQ Location Description
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AI-based platform for automated personal spend management is provided.
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App for financial planning, savings and P2P lending
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Personal finance tools are offered for individuals and enterprises.
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Money management tools are offered via an app for individuals.
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Online platform for personal finance management
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Personal financial management platform
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Detailed competitors of Kestrl

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Latest news on Kestrl

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Complete news archive for Kestrl

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  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Kestrl

Kestrl was founded in 2019 and raised its 1st funding round 1 year after it was founded.

Kestrl is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.

Areeb Siddiqui is the current CEO of Kestrl. They have also founded this company.

Kestrl is a funded company, having raised a total of $254.01K across 3 funding rounds to date.

Kestrl was founded in 2019 in London, United Kingdom, as a fintech platform focused on personal finance for Muslim users. An app-based service is provided to support budgeting, savings tracking, and goal setting aligned with Islamic principles. Operations are centered in the UK, with digital tools accessible globally to assist users in managing finances ethically and efficiently. The team includes co-founders Irfan Radzi, Areeb Siddiqui, Ayaz Siddiqui, and Daeng Termizi.

Kestrl's top competitors include Plum, Oval Money and Moneyhub.

Kestrl offers Halal Screener, Budgeting Tool, and Saving Tool.

Kestrl has 2 investors. Key investors include Techstars, and DIFC.

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