Why does Alaan exist?
In the age of digital transformation and artificial intelligence, finance functions continue to rely on traditional tools and methods for their day-to-day operations, such as using petty cash for business payments, calculators for manual reconciliation, and spreadsheets for managing budgets. These methods take time, involve manual effort, and incur huge costs. Simply put, these traditional approaches no longer meet the demands of modern business.
This is why we founded Alaan – to make business finance simpler than ever.
What do we do?
Alaan is an all-in-one solution for finance teams to manage and control their expenses easily. We provide everything a finance team needs: smart corporate cards, an AI-driven expense management platform, streamlined accounting processes, and centralised dashboards that provide real-time visibility.
Who are we for?
Alaan caters to any business or organisation that incurs expenses! From startups to large enterprises, and across various sectors including manufacturing and services, whether a sole proprietorship or a multi-entity organization, Alaan is designed to serve businesses of all sizes and industries.
70+ people from 20+ countries – that is how diverse our team is.
We are honoured and proud to have team members from different countries, cultures, and backgrounds. But what brings us together is a common drive to simplify finance for businesses.
All of us, in our own ways, contribute to our mission of ‘creating the most-loved fintech in the Middle East.’
Alaan has raised more than $7.5 million from the world's best investors, like Y Combinator, and renowned angels, like Mudassir Sheikha, CEO & Co-founder of Careem.
Our mission is to simplify finance for businesses and help them prosper.
The strategic alliance supports Saudi Arabia's Vision 2030 goal of a cashless society by using cutting-edge technology to enhance efficiency, security, and flexibility.
Alaan, UAE’s fastest growing corporate card solution, and Visa, a world leader in digital payments, announced a landmark 5-year deal to digitize expense management processes for businesses in UAE and KSA.