Dubai of Tomorrow · The backers
A view of the record
Backer2on the record
Plus VC
Plus VC is an early-stage venture capital firm based in Abu Dhabi and authorized by the ADGM Financial Services Regulatory Authority to manage a collective investment fund. It typically invests around $100,000 at seed with follow-on capital up to $500,000, and its team has collectively backed more than 250 startups across 15 MENA countries over eight years, including the fintech platform Lune and the extended-stay proptech platform estaie, whose 2026 pre-seed round it co-led with Orbit Ventures.
Venture capital / Abu Dhabi
Portfolio on the record
2 founders, as stated on their cards.
Dubai of Tomorrow
People Companies Ideas Capital
No.030
Helal Tariq Lootah
Co-founder, Lune
Fintech
With co-founder Alexandre Soued, he sells transaction data enrichment APIs that turn raw bank payment strings into categorized customer insights for MENA banks and fintechs.
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Dubai of Tomorrow
People Companies Ideas Capital
No.030
Lune
Founded 2020 · Dubai
$2.35M
Total funding as recorded
4
Backers on record
Recorded 17 Jul 2026
Compounding moves
- 2020Founded Lune in Dubai with Alexandre Soued
- 2022Raised $850k pre-seed backed by Dubai Future District Fund and Flat6Labs
- 2024Closed $1.5M seed round led by Dubai Future District Fund
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Dubai of Tomorrow
People Companies Ideas Capital
No.016
Osama Shawky
Founder, estaie
Proptech
The 30-to-365 night segment, finally with infrastructure.
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Dubai of Tomorrow
People Companies Ideas Capital
No.016
estaie
Founded 2025 · Dubai
7-figure
Total funding as recorded
3
Backers on record
Recorded 15 Jul 2026
Compounding moves
- 2025Co-founded for the extended-stay gap
- 2025400 hotels, 1,000 holiday homes signed
- 2026Pre-seed closed, Plus VC and Orbit led
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Syndicate
Firms that share a record with Plus VC.
- Dubai Future District Fund1 sharedLune · Checked against Wamda, 2024
- Falak Angels1 sharedestaie · Checked against Wamda. Estaie secures 7-figure pre-seed led by Plus VC
- Judah Ventures1 sharedLune · Checked against Wamda, 2024
- Orbit Ventures1 sharedestaie · Checked against Wamda. Estaie secures 7-figure pre-seed led by Plus VC
- Reach International1 sharedLune · Checked against Wamda, 2024
In your sectors, not yet in your portfolio
Founders on the record in Fintech, Proptech whom Plus VC has not backed, as stated on the cards.
Dubai of Tomorrow
People Companies Ideas Capital
No.046
Hosam Arab
Co-founder, Tabby
Fintech
From online retail to rethinking how the region pays.
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Dubai of Tomorrow
People Companies Ideas Capital
No.046
Tabby
Founded 2019 · Dubai
$757M+
Total funding as recorded
$6.5B
Sep 2026 Series F · Valued
Recorded 25 Sep 2026
Compounding moves
- 2024Acquired Tweeq, a SAMA-licensed wallet
- 2025$160M Series E at $3.3B
- 2026CBUAE wallet and SAMA finance licences
- 2026$233M Series F at $6.5B
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Dubai of Tomorrow
People Companies Ideas Capital
No.032
Abdulla Almoayed
Founder, Tarabut
Fintech
Tarabut
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
People Companies Ideas Capital
No.032
Tarabut
Tarabut
Founded 2017 · Bahrain
$57M
Total funding as recorded
Dubai
HQ
Recorded 17 Jul 2026
Compounding moves
- 2019Launched Tarabut Gateway out of Bahrain as MENA's first regulated open banking platform
- 2021Raised $13M seed, then a $12M pre-Series A led by Tiger Global
- 2023Closed $32M Series A led by Pinnacle Capital, with Visa participating
- 2024Acquired London A2A payments platform Vyne with SAMA and FCA approval
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Dubai of Tomorrow
People Companies Ideas Capital
No.039
Amira Sajwani
Founder, PRYPCO
Proptech
She is betting Dubai property can trade like a liquid asset, from fractional blocks to government-registered tokenized title deeds.
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Dubai of Tomorrow
People Companies Ideas Capital
No.039
PRYPCO
Founded 2022 · Dubai
Pre-Series A
Total funding as recorded
~AED 10bn
Mortgages facilitated
Recorded 15 Jul 2026
Backers
Compounding moves
- 2022Founded PRYPCO spanning fractional investment, mortgages and Golden Visa services
- 2025Launched PRYPCO Mint with the Dubai Land Department; pilot drew over AED 18.5M into tokenized title deeds
- 2025Closed pre-Series A led by General Catalyst, the firm's first Middle East investment
- 2026Opened a regulated secondary marketplace for tokenized property resale
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Dubai of Tomorrow
People Companies Ideas Capital
No.041
Tariq Sheikh
Founder, Postpay
Fintech
Postpay
He built Postpay on interest-free instalments funded through bank debt from Commercial Bank of Dubai rather than repeated equity rounds.
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Dubai of Tomorrow
People Companies Ideas Capital
No.041
Postpay
Postpay
Founded 2019 · Dubai
$10M
Total funding as recorded
3
interest-free instalments · Model
Recorded 15 Jul 2026
Compounding moves
- 2019Founded in Dubai; launched three-instalment interest-free checkout financing
- 2021Took $10M equity investment from Afterpay and AP Ventures
- 2022Signed debt financing deal with Commercial Bank of Dubai to fund GCC expansion
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Dubai of Tomorrow
People Companies Ideas Capital
No.042
Marwan Hachem
Co-founder, YAP
Fintech
He co-founded YAP with Anas Zaidan as an independent neobank built on partner bank licences, starting with RAKBank in the UAE and extending the model toward Saudi Arabia, Pakistan and Ghana.
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Dubai of Tomorrow
People Companies Ideas Capital
No.042
YAP
Founded 2021 · Dubai
$41M
Total funding as recorded
4
Backers on record
Recorded 15 Jul 2026
Compounding moves
- 2021Launched UAE digital banking platform in partnership with RAKBank
- 2022Raised $41M led by Aljazira Capital to fund expansion into Saudi Arabia, Egypt, Pakistan and Ghana
- 2024Reported to have laid off nearly all Pakistan staff, leaving its Pakistan expansion in doubt
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Dubai of Tomorrow
People Companies Ideas Capital
No.044
Zuhair Shamma
Co-founder, Zest Equity
Fintech
He co-founded Zest Equity to digitize private market transactions in MENA, building execution rails for secondaries and SPVs on deals under $100 million.
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Dubai of Tomorrow
People Companies Ideas Capital
No.044
Zest Equity
Founded 2021 · Dubai
$8.1M
Total funding as recorded
3
Backers on record
Recorded 9 Aug 2026
Compounding moves
- 2021Founded in Dubai with Rawan Baddour as a marketplace for secondary trading of startup shares
- 2023Raised $3.8M seed led by MEVP with Dubai Future District Fund
- 2025Raised $4.3M pre-Series A led by Prosus Ventures with Morgan Stanley participation
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Chronicles
The stories of the founders Plus VC backed.
- Proptech · estaieThe Six-Time Founder Who Claimed the Gap Between Hotels and Leases
Provenance
About the firm, as sourced:
- Plus VC, home
- Plus VC, Investments Portfolio
- Wamda, estaie secures 7-figure pre-seed led by Plus VC, 2026
- Arab Founders, estaie pre-seed Plus VC AI extended-stay platform
- CB Insights, Lune financials
- TheOrg, Plus Venture Capital
Portfolio as stated on 2 records: No. 030, No. 016. This page is a view of the record. The anchored facts live on each card.
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