A bold investment

Daleel achieved great success with the support of the Bahraini Oasis Fund for the Development of Start-ups

Daleel, the pioneering financial marketplace in the MENA region, has successfully secured investments from Hambro Perks Spring Studios, a venture builder backed by Al Waha Fund of Funds, and the global investment firm Hambro Perks, along with Flat6Labs UAE, MENA’s seed and early-stage venture capital firm.

Daleel’s platform is dedicated to assisting individuals in finding the optimal financial products for their needs while helping banks and financial institutions utilize profound insights to enhance customer acquisition strategies. By streamlining the financial journey, Daleel is reshaping the landscape of financial services in the region, empowering consumers and institutions alike to make informed decisions and achieve financial success.

Led by its CEO, PK Shrivastava, COO Ridaa Shah, and CCO Dania Alshowaikh, Daleel aims to bridge the gap between consumers and financial institutions by offering personalized financial products tailored to the region.

Building upon the co-founders’ experience in scaling Tarabut as the largest open banking platform in MENA, Daleel is positioned to revolutionize customer acquisition for financial institutions and empower consumers across the region.

This investment round will enable Daleel to establish significant financial partnerships crucial to its growth strategy.

Additionally, it will support Daleel’s expansion efforts in Saudi Arabia and the UAE, facilitating its growth and acquisition of an Open Banking license.

PK Shrivastava, CEO and co-founder of Daleel, expressed his excitement about the investment, stating, “We are thrilled to secure investments from reputable investors like Hambro Perks Spring Studios and Flat6Labs.

This underscores our potential and the confidence industry leaders have in our vision.

It will allow us to forge vital financial partnerships and obtain the Open Banking license essential to our growth strategy. I am eagerly anticipating the transformative journey ahead for Daleel.”

Zainab Khamis, Head of HP Spring Studios, expressed enthusiasm for Daleel’s impact, saying, “We are excited to support the launch of Daleel, a financial marketplace in the MENA region.

This transformative initiative exemplifies our commitment to empowering local startups.

We believe in Daleel’s innovative approach, which not only empowers consumers but also stimulates significant economic growth in the region.

Our commitment to Daleel’s success reflects our dedication to fostering positive change in the region’s fintech landscape.”

Ryaan Sherif, General Manager of Flat6Labs UAE, expressed pride in supporting Daleel, stating, “At Flat6Labs, our dedication to investing in FinTech companies that disrupt traditional paradigms is unwavering.

This recent investment in Daleel exemplifies our belief in fostering innovation within the financial sector.

By operating a marketplace with deep insights into consumer spending habits and leveraging open banking, Daleel ensures both financial institutions and consumers have access to the best offerings on the market.”

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