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HomeRecent ArticlesSaudi Arabia-based Mala Secures USD 7 Mn Pre-Seed Funding

Saudi Arabia-based Mala Secures USD 7 Mn Pre-Seed Funding

The 1st B2B BNPL Platform in MENA, Mala has secured USD 7 million in funding in a Pre-Seed round, led by Venture Souq and supported by several notable investors such as M Capital, BECO Capital, Access Bridge Ventures, Palm Ventures, Shorouq Partners, Wad Investment, and the DGV fund.

The 1st B2B BNPL Platform in MENA, Mala has secured USD 7 million in funding in a Pre-Seed round, led by Venture Souq and supported by several notable investors such as M Capital, BECO Capital, Access Bridge Ventures, Palm Ventures, Shorouq Partners, Wad Investment, and the DGV fund.

Read also – ADB Provides $53 Mn Financing to Government of Solomon Islands

Because of Mala, businesses may now acquire items without worrying about cash flow concerns. This entails more than just financial relief; it also includes the flexibility to invest in growth, seize opportunities, and thrive in any economic environment. 

Read also – China Ping An Insurance Overseas (Holdings) Limited Raises USD850 Mn Fund for Overseas Private Equity Investing

Mala enables organizations to maximize working capital utilization like never before. Organizations may boost their operations, spark innovation, and remain ahead of the competition by reducing wasted costs and increasing efficiency.

Say goodbye to slow progress. Mala makes expansion not just conceivable but also inevitable. Organizations may accelerate their growth, access new markets, and scale operations more quickly by reducing procurement hurdles.

About Mala

Founded in 2024 by Musaab Hakami, Mala provides a complete security suite to streamline access control. Single sign-on, SAML connection with LDAP, and multi-factor authentication enhance security.

Using multi-factor authentication, administrators gain safe access to production via a Bastion host. Secrets management is done using encrypted vaults, which provide secure access at runtime. Mala provides top-tier security solutions.

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