About Yabi
Yabi is a Technology company based in Dubai (United Arab Emirates) founded in 2022, and was acquired by SHUAA in March 2022. Financial education and learning are delivered via an online platform. Yabi has raised $19.65 million across 7 funding rounds from investors including SHUAA, 500 Global and Al-Wafra Al-Thanya. Its chief executive, as recorded, is Rakhil Fernando. Its focus areas include FinTech, Investment Tech, Wealth Management IT and Financial Planners Training.
Company details
Yabi was founded in 2022 and is headquartered in Dubai, United Arab Emirates. The company operates in the financial education sector, providing an online platform where users access resources for financial learning. Core services include educational content on finance topics, aimed at individual users seeking knowledge in money management. Operations are conducted digitally through the domain yabimoney.com, with leadership provided by CEO Rakhil Fernando.
- Headquarters Dubai, United Arab Emirates
- Stage Acquired
- SectorsTechnology
- Website yabimoney.com
- Social LinkedIn X
- Acquired by SHUAA (Mar 2022)
Funding Insights of Yabi
Yabi has successfully raised a total of $19.65M across 7 strategic funding rounds. 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 $19.65M
- Total Rounds 7
- First Round $300,000
(Jan 2012)
- Investors Count 7
All 7 funding rounds of Yabi with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2024 | Series C | – | 500 Global | – | |
| Dec 2023 | $8M | Seed | – | – | |
| Oct 2017 | $10M | Series B | – | Riyad TAQNIA Fund | |
| Jun 2017 | $150,000 | Seed | – | 500 Global | – |
| Feb 2017 | Series A | – | – | ||
| Jan 2014 | $1.2M | Seed | – | Hummingbird Ventures | – |
| Jan 2012 | $300,000 | Seed | – | – | – |
8 investors in total: 8 institutional.
Investors in Yabi
Yabi has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include SHUAA, 500 Global and Al-Wafra Al-Thanya.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital and acceleration are provided to tech startups. | 500.co | Ho Chi Minh City, Vietnam | ||
| alwafraalthanya.tcc.mode | ||||
| riyadtaqnia.com | ||||
| venturesouq.com | ||||
| hummingbird.vc | ||||
| uaeexchange.com | ||||
M&A advisory and capital raising are provided across sectors. | 1979 | shuaa.com | Dubai, United Arab Emirates | |
| gocompare.com |
Investor details for Yabi
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Yabi
4 people are tracked at Yabi (1 in leadership, 3 in team).
| Name | Role | Group |
|---|---|---|
Rakhil Fernando | CEO | Leadership |
Mohammed Inshaf | Senior Software Engineer | Team |
Muhammed Rudy | Lead Flutter Applications Developer | Team |
Alison Soltani | Content Creator | Team |
Complete people profiles for Yabi
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Yabi
4 dated milestones of Yabi across 12 years, from founding to its latest funding, stage changes and deals.
- Funding First funding round of $300K.
- Founded Yabi is founded.
- Exit Acquired by SHUAA.
- Funding Latest funding round, Series C,.
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Frequently Asked Questions about Yabi
Yabi was founded in 2022.
Yabi is headquartered in Dubai, United Arab Emirates. It is registered at Dubai, Dubai, United Arab Emirates.
Rakhil Fernando is the CEO of Yabi, as recorded in our data.
Yabi is a funded company, having raised a total of $19.65M across 7 funding rounds to date. The company's 1st funding round was a Seed of $300K, raised on Jan 2012.
Yabi was founded in 2022 and is headquartered in Dubai, United Arab Emirates. The company operates in the financial education sector, providing an online platform where users access resources for financial learning. Core services include educational content on finance topics, aimed at individual users seeking knowledge in money management. Operations are conducted digitally through the domain yabimoney.com, with leadership provided by CEO Rakhil Fernando.
Yabi has 8 investors. Key investors include SHUAA, 500 Global, Al-Wafra Al-Thanya, UAE Exchange, and Riyad TAQNIA Fund.
Yes. Yabi was acquired by SHUAA in March 2022.