Dubai, UAE – 03 February, 2025 – Myne, a groundbreaking wealth and asset tracking platform,has announced today that the company has raised US$ 2 million and has successfully closed itspre-seed funding round. The new investment round was led by Scene Holding, followed by Razholding with participation from Plus VC, the most active VC in the MENA, Annex Investments,and a group of strategic angel investors. This milestone is set to propel Myne toward its missionof redefining how individuals and businesses track and manage their finances.Launched in 2024, Myne was inspired by Karim’s conversation with his university friend, now afounding investor, about the frustration of managing scattered financial details and assets acrossdifferent platforms. The urgency grew after witnessing a grieving family struggle to organize aloved one’s finances, highlighting the importance of tracking and safeguarding wealth for thosewho need it most. Karim’s background in Tech helped solve the problem and a platform wasdesigned to simplify wealth management by bringing all assets together in real-time, whileensuring they are organized, accessible, and protected.“We are excited to have the support of visionary investors who share our dedication torevolutionizing financial management,” said Karim Chouman, Founder and CEO of Myne. “Thisfunding reflects the strength of our vision, the innovation driving Myne, and the confidence ourinvestors have placed in us.”“Our strategy is to help simplify wealth management for our clients and we are proud to seesignificant interest since our launch which resonates with our vision of transforming financialmanagement. This round of funding not only validates our innovative approach but alsostrengthens our commitment to empowering clients with tools to seamlessly track their net worth,manage their finances, and protect their assets.”This funding will be deployed to scale operations, deepen Myne’s technology infrastructure,accelerate user acquisition, support its innovation pipeline and roadmap for regional expansion.In its first year, Myne aims to establish a strong foothold in the UAE before launching to SaudiArabia and the other GCC markets. This funding round solidifies Myne’s position as a leadinginnovator in the fintech space, poised to transform how people perceive and manage theirfinancial health.
Sultan Ghaznawi from Scene Holding said, “We see enormous potential in Myne’s approach tofinancial well-being. The platform’s ability to aggregate diverse assets and provide real-timeintegration is a game-changer in personal finance. We are excited to support Myne Launch andtheir expansion in KSA and beyond.”Hasan Haider, Managing Partner from Plus VC added: “Myne represents the future of financialempowerment. Their innovative platform addresses critical gaps in wealth management, enablingindividuals and businesses to take control of their financial futures. We are excited to supportKarim and his team as they scale their business and lead the way as pioneers in this space.”Myne offers a user-friendly platform with comprehensive financial management tools forindividuals, professionals, and businesses. By addressing gaps in wealth tracking, budgeting,spending, and estate planning, Myne empowers users to make smarter financial decisions andsecure their futures. With the ability to sync unlimited banking assets—banks, stocks, cryptobrokers, exchanges, and wallets, Myne supports over 10 currencies. Users can access a personalwealth dashboard with real-time price updates, intuitive budgeting tools, and connect with top-tierwealth planners, providing a complete solution for financial well-being.
