Tech Company Financing Transactions
Mthmr Funding Round
Mthmr, based in Jeddah, secured $1.6 million from WAED Ventures, Dahran Trading Group and Le Augure.
Transaction Overview
Company Name
Announced On
8/3/2023
Transaction Type
Venture Equity
Amount
$1,600,000
Round
Undisclosed
Investors
Proceeds Purpose
Mthmr aims to enhance personal finance management. The company introduced a comprehensive, user-friendly platform that allows individuals to precisely monitor personal expenditures and boost their savings effectively. Beyond its financial functions, Mthmr also serves its user base by providing access to the latest deals and offers, bolstering their saving capabilities and ensuring financial balance.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
3064 Aflah Ibn Saeed St
Jeddah, Undisclosed
SA
Jeddah, Undisclosed
SA
Phone
Website
Email Address
Overview
Mthmr makes savings seamless and effortless by providing its users with great tools such as cashback, roundup, recurring and direct deposits, which all go directly to the user savings account, and gives the user the option to invest their savings into shariah-compliant portfolios. Plus, Mthmr provides its' users with a spending analysis tool to help them better understand their spending behavior.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Abdulrahman Qamsani
Chief Operating Officer
Abdulrahman Nujayfan
Chief Technical Officer
Denis Dymov
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