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Modern finance platform for the Middle East
Alaan is an AI-powered finance platform for businesses in the Middle East. We help businesses instantly issue corporate cards for employees, control their spending, and automate workflows. Our mission is to simplify finance for businesses in the Middle East and help them prosper. We have grown rapidly and now work with over 2000 startups, mid-market, and enterprise customers across various industries, doing tens of millions of dollars in payment volume. We've been default alive since our launch in August 2022 (9x net revenue growth in 2023, 6x in 2024), and raised one of the largest Series A rounds in the history of the Middle East backed by Peak XV (formerly Sequoia India). Check out alaan.com/careers if you want to join us!
Alaan offers a smart corporate card platform with spend management, real-time visibility, and accounting automation targeted at Middle East businesses. It positions itself as a one-stop platform for business payments, supplier payments, and expense automation with AI-assisted features and integrations to major accounting tools.
Alaan provides a corporate cards solution with smart controls, real-time spend tracking, and the ability to set custom limits and add balance quickly. It includes Open Account management to pay vendors and SuperPay for supplier payments, along with expense management that exports to major accounting tools (Xero, QuickBooks, NetSuite, Dynamics 365, Odoo, SAP, Zoho Books). The platform emphasizes integration with accounting automation, AI-assisted expense reports, and automation of expense entries, as well as calculator tools for tax and savings. It advertises a centralized spend management experience across real estate, facilities, healthcare, logistics, and more, with customer stories highlighting time savings and streamlined workflows.
Who it’s for: Mid-market and enterprise-like businesses in the Middle East needing spend management, corporate cards, supplier payments, and accounting automation across industries such as Real Estate, Facilities Management, Healthcare, Logistics, Transportation, Marketing, E-commerce, and Retail.
Shows ongoing product updates and deployments (e.g., NEW RELEASE SuperPay) and multiple customer stories/testimonials; indicates active marketing and product expansion with pricing pages and partner integrations.
I grew up in a lower-middle-class family in India. Neither of my parents had been to high school or college. The first life-changing event occurred in 2005 when I won a full scholarship to study engineering in Singapore. The drive to prove myself then sent me on a journey through prestigious institutions, including Barclays Investment Bank, McKinsey, and Dartmouth College. While I always felt like an outsider in these institutions, the journey eventually led me to build Alaan.
Karun started his career as a software engineer and then spent a few years consulting with McKinsey Digital. Most recently, he has focussed on building products for startups. He now leads product and tech. at Alaan.
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