Khwarizmi Ventures

Khazna operates a mobile financial platform in Egypt and the Middle East aimed at expanding access to formal financial services. The company offers general purpose credit, buy now, pay later, and bill payment capabilities and seeks to digitize cash transactions across Egypt and beyond. Its platform is described as a workforce banking solution that enables employers to provide cash advances to employees, facilitates peer-to-peer payments, and supports cash deposits and withdrawals with low or no transaction fees. The service bundle includes payments, savings, and insurance features to deliver a convenient, secure smartphone-based financial ecosystem for individuals and workforces in Egypt and Saudi Arabia.

BuildNow, established in 2022 and headquartered in Riyadh, Saudi Arabia, offers the Middle East, North Africa, and Pakistan's first 'Build Now Pay Later' solution. It funds raw materials for construction and manufacturing SMEs, providing tailored credit terms to optimize cash flow and accelerate growth.

BuildNow, established in 2022 and headquartered in Riyadh, Saudi Arabia, offers the Middle East, North Africa, and Pakistan's first 'Build Now Pay Later' solution. It funds raw materials for construction and manufacturing SMEs, providing tailored credit terms to optimize cash flow and accelerate growth.

‍Soum is reimagining recommence in the MENA region and beyond by building the most convenient, trustworthy, and transparent recommence marketplace, starting with consumer electronics in Saudi Arabia.

Alma Health is a digital platform specializing in chronic illness management. It serves over 20 million patients in the Gulf Cooperation Council (GCC) region. The platform offers cloud pharmacy services and virtual doctor consultations, transforming patient data into personalized treatments and home monitoring systems.

Khazna operates a mobile financial platform in Egypt and the Middle East aimed at expanding access to formal financial services. The company offers general purpose credit, buy now, pay later, and bill payment capabilities and seeks to digitize cash transactions across Egypt and beyond. Its platform is described as a workforce banking solution that enables employers to provide cash advances to employees, facilitates peer-to-peer payments, and supports cash deposits and withdrawals with low or no transaction fees. The service bundle includes payments, savings, and insurance features to deliver a convenient, secure smartphone-based financial ecosystem for individuals and workforces in Egypt and Saudi Arabia.

‍Soum is reimagining recommence in the MENA region and beyond by building the most convenient, trustworthy, and transparent recommence marketplace, starting with consumer electronics in Saudi Arabia.

BuildNow, established in 2022 and headquartered in Riyadh, Saudi Arabia, offers the Middle East, North Africa, and Pakistan's first 'Build Now Pay Later' solution. It funds raw materials for construction and manufacturing SMEs, providing tailored credit terms to optimize cash flow and accelerate growth.

Tamara is a prominent shopping and payments platform based in Riyadh, Saudi Arabia, and serves the GCC region. Founded in September 2020 by Abdulmajeed Alsukhan and his partners, the company aims to revolutionize shopping, payment, and banking experiences. With a workforce of over 350 employees, Tamara operates additional offices in the UAE, Egypt, Germany, and Vietnam. The platform empowers merchants by providing flexible payment solutions, including installment options, through its application programming interfaces and plugins. This functionality enhances customer experiences and boosts sales for merchants. Tamara has established a robust customer base of 6 million and collaborates with over 15,000 partner merchants, which include both leading global brands and local small and medium enterprises. The company has successfully raised significant funding, highlighting its strong market presence and growth potential.

Lean Technologies Limited is a FinTech startup founded in 2019 and based in Riyadh, Saudi Arabia. The company specializes in developing an application programming interface (API) platform that facilitates access to consumer financial data. Its API suite addresses the complexities of fragmented financial infrastructure, allowing businesses to easily access their customers' financial information and execute instant bank transfers. Lean Technologies aims to improve the accessibility, transparency, and functionality of financial data and payment systems, contributing to a more inclusive and interconnected financial ecosystem for both consumers and businesses.

TruKKer is a technology-enabled truck aggregator based in Abu Dhabi, UAE, founded in 2016. The company operates a logistics and fleet management platform that simplifies road freight and logistics operations by integrating demand and supply for land freight services. TruKKer's platform connects shippers and carriers in real time, ensuring maximum utilization of available trucks and reducing overall transportation costs. The company's network, powered by real-time data analytics, enhances reliability and transparency while creating opportunities for data monetization and consolidated procurement. By offering end-to-end coverage and a comprehensive service portfolio, TruKKer facilitates cross-border transportation services for various end markets, benefiting both shippers and transporters alike.