B2B fintech Alaan raises $4.5 million pre-Series A round

B2B fintech Alaan raises $4.5 million pre-Series A round

Press release:

UAE-based Alaan, the leading spend management platform for Middle Eastern businesses, announced today that it has raised $4.5 million pre-Series A funding, backed by Presight Capital, Y Combinator, and angel investors. Together with the $2.5 million seed round last year, Alaan has raised a total of $7 million in equity.