Alaan company logo
A B2B payments platform for businesses in the Middle East51-200 Employees
  • Early Stage
    Startup in initial stages
  • Top Investors
    This company has received a significant amount of investment from top investors
  • YC Funded
    Startup funded by Y Combinator
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Alaan careers

A B2B payments platform for businesses in the Middle East
Our mission is to simplify finance for the businesses in the Middle East and North Africa. Today, their needs are virtually ignored by financial players (e.g., banks).

Our initial product will focus on simplifying expenses for a business - we will make it simple for an employee to spend money for the company without needing to use their personal funds or borrowing their bosses card. We will also build software to enable the finance head/owner to oversee, control and analyze spend across the company - helping them earn rewards and also identifying savings opportunities. This model has been proven in other markets and we plan to launch in the Middle East imminently.

A few things you should know about us:
- We are funded (>7.5m USD) by global VCs and successful founders
- Our early team members have graduated from top schools (Carnegie Mellon, Dartmouth and University of Michigan) and come with significant cross-functional experience (Technology, Investment banking, Management consulting, etc.)
- We are in a market that has just opened up to payments startups
- Our initial product has been validated in other markets as well as with potential customers in this market
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Parthi Duraisamy
Avatar for Parthi Duraisamy
Founder & CEO @ AlaanPay. Ex-McKinsey and Barclays Investment Bank. Engineer at heart and an avid skier.
Karun Kurien
Avatar for Karun Kurien
Co-Founder at Stealth startup (VC funded fintech) Formerly product head at startup & consultant at McKinsey, Deloitte MBA (Univ. Michigan), Computer engineer
Valuation

$0

Funded over

2 rounds

Latest round

Seed (Jan 2023)

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