Mal raises $230.0M Seed (United Arab Emirates, Jun 2026)

$230.0M
$230M
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Headline

Global FinTech Funding Falls 8% in Q1 2026 as AI-Native Startup Mal Raises $230M - Evotek JSC

About

Mal is an AI-native Islamic digital financial platform designed to assist users with everyday financial decisions. It aims to provide innovative financial solutions tailored to the needs of the Islamic finance market. The startup raised $230 million in seed funding to accelerate product development and expand its operations in high-growth markets.

Article summary

Global FinTech Funding Falls 8% in Q1 2026 as AI-Native Startup Mal Raises $230M  Evotek JSC

Investors · 1
BlueFive CapitalLead
FUND
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About the investors in United Arab Emirates