Alaan combine corporate cards, a business bank account, international transfers, expense management, and accounting automation into one platform, with intelligence baked into every finance workflow. Trusted by 3000+ Businesses.
Location: UAE
Employees: 51-200
Total raised: $48M
Founded date: 2021
Investors 1
| Date | Name | Website |
| 16.12.2022 | Y Combinat... | ycombinato... |
Funding Rounds 1
| Date | Series | Amount | Investors |
| 20.08.2025 | Series A | $48M | Peak XV Pa... |
Mentions in press and media 18
| Date | Title | Description |
| 17.06.2026 | Alaan launches UAE's first AI-native business bank account, powered by ruya | First fintech in the region to bring corporate cards, domestic and cross-border transfers, invoice automation, and accounting in a single AI-native workflow. DUBAI, UNITED ARAB EMIRATES, June 17, 2026 /EINPresswire.com/ -- Alaan, the UAE's ... |
| 26.03.2026 | Fintech Alaan launches ‘Alaan Sawa’, pledging AED 3 million to cover utility and telecom bills for UAE SMEs | Founders Parthi Duraisamy & Karun Kurien New initiative offers up to AED 3,000 in upfront benefits including bill assistance for utilities and telecom with free product access and partner-led support DUBAI, EMIRATE, UNITED ARAB EMIRATES... |
| 06.03.2026 | Middle East Digital War: Drone Strikes Cripple AWS Cloud, Spark Global Concerns | Amazon Web Services (AWS) data centers in the UAE and Bahrain suffered severe damage from confirmed drone strikes, a direct result of escalating regional conflict and Iran's retaliatory attacks. This unprecedented event paralyzed vital clou... |
| 03.03.2026 | Banking, payments services disrupted after Amazon UAE data centers hit in drone strikes | Amazon said that two of its data centers in the UAE were hit by drone strikes. Digital services in the UAE reported outages following drone strikes on AWS data centers in the country. Delivery and taxi platform Careem, payments companies Al... |
| 09.02.2026 | After record breaking $48M series A funding, Alaan launches SuperPay™ enabling supplier payment transfers globally | From Left to Right Karun Kurien and Parthi Duraisamy, cofounders of Alaan DUBAI, UNITED ARAB EMIRATES, February 9, 2026 /EINPresswire.com/ -- Alaan, Middle Eastern corporate card and spend-management player, today announced the launch of Su... |
| 03.11.2025 | Following record breaking funding and profitability, Alaan launches one of the region’s first equity buyback programs | Karun Kurien and Aditya Gupta DUBAI, EMIRATE, UNITED ARAB EMIRATES, November 3, 2025 /EINPresswire.com/ -- Alaan, the Middle East’s leading corporate card and spend management platform, today announced the launch of its employee equity buyb... |
| 17.10.2025 | When Stars Connect: How Alaan Empowers Companies to Manage Spending Smarter with AI and Automation "Our goal is to give companies control — instantly." | At Expand North Star 2025, Entrepreneur Middle East joined forces with the Dubai Chamber of Digital Economy (DCDE) to present the When Stars Connect podcast — a series spotlighting the innovators shaping the future of Dubai's digital econom... |
| 20.08.2025 | Alaan, Dubai-based digital banking platform Raises $48M in Series A funding | Alaan, a UAE-based AI-powered corporate spend management platform, has raised $48 million in a Series A funding round, marking one of the largest early-stage fintech investments in the Middle East. The round was led by Peak XV Partners (for... |
| 10.08.2025 | UAE Fintech Alaan Raises $48m Series A to Expand Across MENA Region | Listen to this article 0:00 / 2:10 1X BeyondWords UAE-based business-to-business Fintech startup Alaan has secured $48 million in Series A funding led by Peak XV Partners, formerly Sequoia Capital India, to expand its AI-powered spend manag... |
| 09.08.2025 | Alaan raises $48 M Series A funding to transform spend management in MENA | Alaan, the Middle East’s leading AI-powered spend management platform, has raised $48 million in a Series A funding round. The round was led by Peak XV Partners (formerly Sequoia Capital India & SEA), with participation from 885 Capital... |
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