The Record · No. 032

Abdulla Almoayed

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Tarabut · Fintech

He built MENA's first regulated open banking platform, licensed in Bahrain and Saudi Arabia and headquartered in Dubai, then bought London payments firm Vyne to add account-to-account payments ahead of new UAE and Saudi rules.

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Dubai of Tomorrow
No. 032Fintech
Abdulla
Almoayed
He built MENA's first regulated open banking platform, licensed in Bahrain and Saudi Arabia and headquartered in Dubai, then bought London payments firm Vyne to add account-to-account payments ahead of new UAE and Saudi rules.
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Dubai of TomorrowNo. 032
Tarabut
Founded2019 · Manama
Raised$32M Series A, 2023
HQDubai
Compounding moves
2019 · Launched Tarabut Gateway out of Bahrain as MENA's first regulated open banking platform
2021 · Raised $13M seed, then a $12M pre-Series A led by Tiger Global
2023 · Closed $32M Series A led by Pinnacle Capital, with Visa participating
2024 · Acquired London A2A payments platform Vyne with SAMA and FCA approval

Backed byPinnacle Capital, Aljazira Capital, Visa, Tiger Global

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