Daleel, a Bahrain-founded personalised financial marketplace, has expanded into the UAE.
The UAE launch took place at Visa’s CEMEA region Market Support Center in Dubai.
Daleel recently secured first place and $40,000 funding at the 2023 Visa Everywhere Initiative finals in Saudi Arabia.
The company, backed by investors such as Flat6Labs and Salica, aims to simplify financial decision-making for UAE consumers.
Daleel’s platform leverages data-driven technology to match customers with trusted financial institutions and products, offering tailored solutions in seconds.
The company plans to secure an open finance license in 2025 to enhance integration further.
PK Shrivastava, CEO and Co-Founder of Daleel, said,
“Launching in the UAE is a landmark moment for the company, and we are pleased to do so alongside Visa, who have championed us from the start. There is a real demand across the region for personalised finance, and we believe this is the right time to expand our marketplace to connect more customers with the best financial solutions.”
Salima Gutieva, Visa’s VP and Country Manager for UAE, said,
“We welcome Daleel to the UAE and are delighted that a company we have supported through its early stages is scaling into a regional fintech player. Technology that makes people’s lives easier and fosters greater trust and transparency in finance is essential.”
Featured image credit: edited from Daleel
