About Souqalmal.com
Souqalmal.com is a company based in Dubai (United Arab Emirates) founded in 2012 was acquired by SHUAA in March 2022. Souqalmal.com has raised $11.5 million across 4 funding rounds from investors including SHUAA, UAE Exchange and Goco Group. Souqalmal.com operates in a competitive market with competitors including BAYZAT, yallacompare, MyMoneySouq, WAAFIR and Beat the Market, among others.
- Headquarter Dubai, United Arab Emirates
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Financial Services
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People of Souqalmal.com
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Funding Insights of Souqalmal.com
Souqalmal.com has successfully raised a total of $11.5M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $10 million completed in October 2017. 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 Souqalmal.com
Souqalmal.com has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include SHUAA, UAE Exchange and Goco Group.
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Angel investments in early-stage ventures are managed by VentureSouq.
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Investments in early-stage startups are focused on by Hummingbird Ventures.
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Investor details for Souqalmal.com
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Investments & Acquisitions by Souqalmal.com
Investment portfolio details for Souqalmal.com
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Financial Statements - Souqalmal.com
Detailed financials for Souqalmal.com
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Souqalmal.Com Comparisons
Peer comparison for Souqalmal.com
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Competitors of Souqalmal.com
Souqalmal.com 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 BAYZAT, yallacompare, MyMoneySouq, WAAFIR and Beat the Market, among others.
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HR administration, payroll, benefits, and health insurance solutions are provided.
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Financial products including loans, cards, and insurance are compared online.
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Online comparisons for insurance, loans, and financial products are facilitated.
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Platform for Islamic lenders to raise, execute, and manage debt efficiently.
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Insurance comparison platform for finding better deals.
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Detailed competitors of Souqalmal.com
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Latest news on Souqalmal.Com
Complete news archive for Souqalmal.com
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Frequently Asked Questions about Souqalmal.com
Souqalmal.com was founded in 2012.
Souqalmal.com is headquartered in Dubai, United Arab Emirates. It is registered at Dubai, Dubai, United Arab Emirates.
Souqalmal.com is a funded company, having raised a total of $11.5M across 4 funding rounds to date.
Souqalmal.com was established in 2012 in Dubai, United Arab Emirates, within the fintech sector. An online platform is maintained for comparing financial offerings. Personal loans, car loans, home loans, and business loans can be evaluated alongside credit cards, banking accounts, and insurance options. Operations focus on user accessibility across the region, with data sourced from various providers.
Souqalmal.com's top competitors include BAYZAT, yallacompare and MyMoneySouq.
Souqalmal.com has 6 investors. Key investors include SHUAA, UAE Exchange, Goco Group, Riyad TAQNIA Fund, and VentureSouq.