Fintech Myne Secures $2 Million to Simplify Family Asset Management
The UAE-based fintech raises pre-seed funding to scale operations and expand across the Gulf, simplifying wealth management.
Dubai-based fintech Myne has raised $2 million in pre-seed funding to enhance its financial management platform for businesses and individuals. Led by Scene Holding, the round also included support from Raz Holding, Plus VC, Annex Investments, and angel investors. The funding will support Myne’s expansion across the Gulf region.
Founded by Karim Chouman in 2024, Myne works to address gaps in financial tracking by integrating various asset types, such as bank accounts, cryptocurrencies, and stocks. The platform was inspired by Chouman’s experience with a grieving family struggling to organise a loved one’s financial matters, highlighting the need for better asset management solutions.
“Our strategy is to help simplify wealth management for our clients, and we are proud to see significant interest since our launch, which resonates with our vision of transforming financial management,” Karim Chouman, Founder and CEO of Myne, says. “This round of funding not only validates our innovative approach but also strengthens our commitment to empowering clients with tools to seamlessly track their net worth, manage their finances, and protect their assets.”
With the new funding, Myne plans to expand into Saudi Arabia and other Gulf markets. The company intends to enhance its platform’s technology, improve user acquisition strategies, and provide real-time financial tools.