Zand

Dubai, United Arab Emirates Founded: 2018 • Age: 8 yrs
Digital banking services are offered for personal and corporate clients.

About Zand

Zand was founded in 2018 in Dubai, United Arab Emirates, within the fintech sector. Digital banking solutions are provided for consumer and business needs, encompassing savings, spending, transfers, and earning management. An app-based platform is accessible via iOS and Android devices. Operations focus on streamlined financial services in the region, with leadership under CEO Michael Chan.

  • Headquarter Dubai, United Arab Emirates
  • Sectors
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
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People of Zand
Headcount 50-200
Employee Profiles 32
Employee Profiles
People
M.D. Rakibur Rahman
Manager - Regulatory Reporting & Financial Control
People
Jimmy Li
Chief Technology Officer
People
Ahmed Raji
Large Corporate & SME
People
Farhana Rafique
Business Performance Lead

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Funding Insights of Zand

  • Total Funding
  • Total Rounds 1
  • Last Round
  • First Round
  • Investors Count 8
Date Amount Transaction Name Valuation Lead Investors Investors
Feb, 2022 Amount Seed - Zand Valuation Aditya Birla , Franklin Templeton Investments
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Zand

Zand has secured backing from 7 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include Aditya Birla, Franklin Templeton and Al Sayyah. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Al Hail Holding is recognized as a leading investment company in the UAE.
Founded Year Domain Location
Diversified conglomerate operates across multiple industries
Founded Year Domain Location
Diversified investment management services are offered globally by the firm.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Zand

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Zand

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Zand Comparisons

Employees
+
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Competitors of Zand

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Zand

Frequently Asked Questions about Zand

When was Zand founded?

Zand was founded in 2018 and raised its 1st funding round 4 years after it was founded.

Where is Zand located?

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

Who is the current CEO of Zand?

Michael Chan is the current CEO of Zand.

What does Zand do?

Zand was founded in 2018 in Dubai, United Arab Emirates, within the fintech sector. Digital banking solutions are provided for consumer and business needs, encompassing savings, spending, transfers, and earning management. An app-based platform is accessible via iOS and Android devices. Operations focus on streamlined financial services in the region, with leadership under CEO Michael Chan.

Who are Zand's investors?

Zand has 7 investors. Key investors include Aditya Birla, Franklin Templeton, Al Sayyah, GDG, and Yusuff Ali M A.

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