DAAL

DAAL is a venture capital firm based in Al Khobar, Saudi Arabia, focused on growth capital and emerging investments in the information technology sector. Established in 2017, DAAL targets companies in areas such as software as a service, internet of things, artificial intelligence, fintech, and big data. The firm aims to connect promising IT opportunities globally with experienced investors from Saudi Arabia, facilitating the entry of innovative companies into the Gulf Cooperation Council region. By offering mentorship and business development insights, DAAL supports the growth of emerging companies, particularly those looking to expand into the Middle Eastern market. The firm is committed to fostering investment in the technology landscape and creating valuable opportunities for its investors.

Abdulrahman Al-Qahtani

CEO

Farah Hijjawi

Investment Manager

Past deals in Azerbaijan

Paymes

Seed Round in 2019
Paymes is a fintech startup focused on delivering innovative payment solutions tailored for social commerce. It operates in Turkey, Azerbaijan, and the GCC region, aiming to simplify the e-commerce experience for sellers. The platform enables merchants to accept payments seamlessly through popular messaging apps like Facebook Messenger and WhatsApp, as well as via web browsers without requiring additional applications. Paymes also offers a range of payment collection solutions, including a corporate collection panel, QR code payments, and mobile point-of-sale functionality. Additionally, it provides e-commerce solutions such as an open API and ready-to-use plugins for platforms like Opencart and WooCommerce. By leveraging artificial intelligence and ensuring a user-friendly interface, Paymes facilitates global payments and enhances the online selling process, making it accessible for users with varying levels of financial literacy.

Paymes

Seed Round in 2018
Paymes is a fintech startup focused on delivering innovative payment solutions tailored for social commerce. It operates in Turkey, Azerbaijan, and the GCC region, aiming to simplify the e-commerce experience for sellers. The platform enables merchants to accept payments seamlessly through popular messaging apps like Facebook Messenger and WhatsApp, as well as via web browsers without requiring additional applications. Paymes also offers a range of payment collection solutions, including a corporate collection panel, QR code payments, and mobile point-of-sale functionality. Additionally, it provides e-commerce solutions such as an open API and ready-to-use plugins for platforms like Opencart and WooCommerce. By leveraging artificial intelligence and ensuring a user-friendly interface, Paymes facilitates global payments and enhances the online selling process, making it accessible for users with varying levels of financial literacy.
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