- Myne raised $2 million in pre-seed funding, led by Scene Holding, Raz Holding, Plus VC, and strategic investors.
- The platform simplifies financial management, offering real-time asset tracking, budgeting, and estate planning solutions.
- Expansion plans include Saudi Arabia and GCC markets, aiming to reshape personal and business financial management.
Dubai, UAE – Myne, an innovative wealth and asset tracking platform, has raised $2 million in a pre-seed funding round. This investment, led by Scene Holding and supported by Raz Holding, Plus VC, Annex Investments, and a group of strategic angel investors, marks a significant milestone in Myne’s journey to reshape financial management.
A Vision Born from Real-Life Challenges
Launched in 2024, Myne was inspired by a conversation between founder Karim Chouman and his university friend—now a key investor—about the difficulties of managing scattered financial assets. Their concern deepened after witnessing a family struggle to organize a deceased loved one’s finances, emphasizing the need for a simplified, secure, and accessible financial management platform.
With a strong tech background, Chouman set out to create a user-friendly platform that consolidates wealth management, making it easier for individuals and businesses to track, organize, and safeguard their assets.
Investor Confidence in Myne’s Potential
“We are excited to have the support of visionary investors who believe in our mission to revolutionize financial management,” said Karim Chouman, Founder and CEO of Myne. “This funding reflects the strength of our vision, our innovation, and the confidence investors have in us.”
The funds will be used to scale operations, enhance technology infrastructure, accelerate user acquisition, and support regional expansion. Myne plans to establish a strong presence in the UAE before expanding into Saudi Arabia and other GCC markets.
Investors See a Game-Changer in Myne
Sultan Ghaznawi of Scene Holding expressed confidence in Myne’s potential, stating: “The platform’s ability to aggregate diverse assets and provide real-time integration is a game-changer in personal finance. We are thrilled to support Myne’s expansion.”
Similarly, Hasan Haider, Managing Partner at Plus VC, highlighted Myne’s innovative approach: “Myne is shaping the future of financial empowerment. Their platform addresses critical gaps in wealth management, allowing individuals and businesses to take control of their financial futures.”
How Myne is Changing Financial Management
Myne offers an intuitive and comprehensive financial management platform tailored for individuals, professionals, and businesses. Its key features include:
- Real-time asset tracking: Sync unlimited banking assets, including banks, stocks, crypto brokers, exchanges, and wallets.
- Multi-currency support: The platform currently supports over 10 different currencies.
- Personalized wealth dashboard: Provides real-time price updates, budgeting tools, and financial planning insights.
- Estate planning services: Ensures wealth is managed securely and accessible to the right people.
- Access to financial advisors: Users can connect with top-tier wealth planners for expert guidance.
With its robust offerings, Myne is poised to become a leading fintech innovator, transforming how people track and manage their financial health.
Looking Ahead: Expansion and Innovation
With a solid foundation in place, Myne is set to expand across the GCC region, starting with Saudi Arabia. The funding will fuel product enhancements and further technological advancements to deliver seamless financial management solutions.
As Myne continues its growth, it remains committed to empowering users with smart financial tools, making wealth management effortless and financial well-being more attainable for everyone.
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Last Updated on February 5, 2025 by Safiya K
