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IIMA Dubai Alumni Startup Secures $25M Series B Funding

FinLeap Technologies, founded by EMBA graduate Dana Khalil, closes major funding round to expand its AI-powered financial services platform across MENA.

IIMA Dubai Alumni Startup Secures $25M Series B Funding

FinLeap Technologies, a fintech startup founded by IIMA Dubai Executive MBA alumna Dana Khalil, has successfully closed a $25 million Series B funding round led by prominent regional and international investors.

About FinLeap Technologies

Founded in 2021, FinLeap provides AI-powered financial services infrastructure for banks and financial institutions across the MENA region. The platform enables faster loan processing, fraud detection, and personalized financial products.

Funding Details

  • **Amount**: $25 million Series B
  • **Lead Investor**: Mubadala Ventures
  • **Participating Investors**: SoftBank Vision Fund, Wamda Capital
  • **Previous Funding**: $8M Seed and Series A
  • Growth Trajectory

  • **Clients**: 15 banks and financial institutions
  • **Transactions Processed**: $2 billion annually
  • **Team Size**: 120 employees across UAE, Saudi Arabia, and Egypt
  • Founder's Journey

    Dana Khalil credits her IIMA Dubai experience for providing the foundation for her entrepreneurial success. "The EMBA program's Entrepreneurship & Venture Creation module gave me the frameworks and confidence to launch FinLeap," she said.

    What's Next

    The funding will be used to:

  • Expand to new markets in North Africa and the Levant
  • Develop new AI capabilities for credit scoring
  • Triple the engineering team by end of 2025
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