WealthFront for Saudi & Middle East
Company is active
Event Year: 2022
Company is active
Event Year: 2022
Drahim, a term for money in Arabic derived from the ancient Greek Drachma, is building a Wealthfront-like platform tailored for the Saudi and Middle Eastern markets. The application connects to users' bank accounts to deliver insightful spending analysis and personalized savings and investment recommendations. By aggregating financial data from various accounts, Drahim automatically categorizes transactions, identifies spending patterns, and provides a comprehensive overview of financial behavior. Based on these insights, Drahim proposes customized savings and investment strategies designed to seamlessly integrate into the user's lifestyle, enabling them to spend comfortably without financial anxiety. The core principle of Drahim is not simply to restrict spending, but to facilitate discreet and sustainable wealth growth, empowering users to spend with greater confidence and peace of mind.
Drahim, a term for money in Arabic derived from the ancient Greek Drachma, is building a Wealthfront-like platform tailored for the Saudi and Middle Eastern markets. The application connects to users' bank accounts to deliver insightful spending analysis and personalized savings and investment recommendations. By aggregating financial data from various accounts, Drahim automatically categorizes transactions, identifies spending patterns, and provides a comprehensive overview of financial behavior. Based on these insights, Drahim proposes customized savings and investment strategies designed to seamlessly integrate into the user's lifestyle, enabling them to spend comfortably without financial anxiety. The core principle of Drahim is not simply to restrict spending, but to facilitate discreet and sustainable wealth growth, empowering users to spend with greater confidence and peace of mind.
Total Raised: Unknown (Y Combinator backed)
Last Round: Summer 2022
Total Raised: Unknown (Y Combinator backed)
Last Round: Summer 2022
Fintech
Fintech
Fintech
Fintech
Team size: 8
Hiring: No
Team size: 8
Hiring: No