Outliers Venture Capital

Penny Software, established in 2020 and headquartered in Riyadh, Saudi Arabia, specializes in developing and providing Penny, a comprehensive cloud-based procure-to-pay system. This platform streamlines the full procurement cycle, from request to approval, enabling users to manage RFQs, compare quotations, send purchase orders, and facilitate payments. Key features include an action-driven dashboard, budget tracking, timeline management, product comparison, customizable reporting, and role-based privileges. Designed for mid-sized enterprises, Penny Software aims to consolidate spending needs into a single intelligent system, simplifying the procurement process.

‍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.

Kenzz is an e-commerce platform that brings shopping to the mass market in Egypt and MENA. It offers customers a wide range of products and deals, with the unique feature of allowing users to share these offerings with friends and family for collective purchases at discounted prices.

Homzmart Ltd. is an e-commerce platform based in Cairo, Egypt, that specializes in selling home furniture, décor, lighting, and various home supplies. Founded in 2019, the company facilitates connections between homeowners and home professionals, allowing users to browse an extensive selection of products while accessing reviews, expert advice, and articles on home improvement. Homzmart aims to create a community-driven environment that enhances the shopping experience for home-related needs, offering a diverse range of quality products at competitive prices. Through its platform, the company seeks to simplify the process of home furnishing and improvement for its customers.

‍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.

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.

Penny Software, established in 2020 and headquartered in Riyadh, Saudi Arabia, specializes in developing and providing Penny, a comprehensive cloud-based procure-to-pay system. This platform streamlines the full procurement cycle, from request to approval, enabling users to manage RFQs, compare quotations, send purchase orders, and facilitate payments. Key features include an action-driven dashboard, budget tracking, timeline management, product comparison, customizable reporting, and role-based privileges. Designed for mid-sized enterprises, Penny Software aims to consolidate spending needs into a single intelligent system, simplifying the procurement process.

Tabby offers flexible payment solutions for online shopping. Based in the United Arab Emirates, it enables users to pay for purchases in deferred single payments or installments.

Homzmart Ltd. is an e-commerce platform based in Cairo, Egypt, that specializes in selling home furniture, décor, lighting, and various home supplies. Founded in 2019, the company facilitates connections between homeowners and home professionals, allowing users to browse an extensive selection of products while accessing reviews, expert advice, and articles on home improvement. Homzmart aims to create a community-driven environment that enhances the shopping experience for home-related needs, offering a diverse range of quality products at competitive prices. Through its platform, the company seeks to simplify the process of home furnishing and improvement for its customers.

Cassbana is a financial lending platform based in Egypt that focuses on building financial identities for underserved communities. The company employs artificial intelligence and machine learning to create a behavior-based credit scoring system, which assesses individuals and businesses' access to credit. By analyzing behavior patterns, Cassbana enables financial institutions to make low-risk investments while providing micro-lending and monetary payment options. This approach facilitates short-term financing for small businesses and individuals, enhancing their access to essential financial resources.

Tabby offers flexible payment solutions for online shopping. Based in the United Arab Emirates, it enables users to pay for purchases in deferred single payments or installments.

Penny Software, established in 2020 and headquartered in Riyadh, Saudi Arabia, specializes in developing and providing Penny, a comprehensive cloud-based procure-to-pay system. This platform streamlines the full procurement cycle, from request to approval, enabling users to manage RFQs, compare quotations, send purchase orders, and facilitate payments. Key features include an action-driven dashboard, budget tracking, timeline management, product comparison, customizable reporting, and role-based privileges. Designed for mid-sized enterprises, Penny Software aims to consolidate spending needs into a single intelligent system, simplifying the procurement process.

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.

Sabbar Ltd., headquartered in Saudi Arabia, operates an on-demand staffing platform focused on blue-collar jobs within the retail, hospitality, and entertainment sectors across MENA. The company's core business is connecting businesses with highly qualified, vetted professionals for casual staff hiring during peak hours or high seasons. Sabbar streamlines the recruitment process by handling interviews, training, placement, shift scheduling, worker payments, and other administrative tasks, thereby reducing associated costs for its clients.

Noon Academy is a prominent edtech company based in Riyadh, Saudi Arabia, with additional offices in Cairo, Egypt, and Bengaluru, India. Established in 2013, it operates an online learning platform that has served over 12 million students across the Middle East. The platform facilitates collaborative learning by allowing students to study in groups, compete with peers, and access on-demand tutoring. It offers a range of educational content, including free resources and subscription-based services for advanced materials and private tutoring. Noon Academy aims to enhance the learning experience by blending technology with peer-to-peer interactions, making education more engaging and accessible, especially for exam preparation. The company is committed to connecting students with the best teachers, regardless of location, thus expanding its impact in the region and beyond.