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Souqalmal
About
Souqalmal is the leading financial comparison site in the Middle East with operations in Saudi Arabia, Bahrain and the UAE.
- 51 - 100
Highlights
Details
- Last Funding Type
- Seed
- Industries
- Banking,Finance,Financial Services,FinTech,Price Comparison
- Founded date
- May 21, 2012
- Number Of Employee
- 51 - 100
- Operating Status
- Active
Souqalmal.com is the leading financial comparison site in the Middle East with operations in Saudi Arabia, Bahrain and the UAE. The company has empowers customers to make decisions on their best deal on credit cards, mortgages, personal loans and insurance products. The company has raised 3 rounds of fundraise and over USD 12M to date. Shareholders include major comparison site GoCompare from the UK, Hummingbird Ventures, Riyadh Taqnia Fund, 500 Start up amongst others. Multiple awards from the Best Online Business of the Year by Gulf Capital to The UAE start up of the Year by Forbes, the company has thrived and grown its insurance business 7X in 3 years.
Funding Rounds
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| Sep 17, 2019 | Seed | — | 1 | — | — | Detail |
Investors
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
500 Global
|
— | Seed |
