Alaan

Modern finance platform for the Middle East

Y CombinatorWinter 2023ActiveFintechPaymentsFintechPaymentsB2BEnterprise Software

What they do

Problem

Businesses in the Middle East struggle to control employee spending and manage finance workflows efficiently.

Solution

An AI-powered finance platform that issues corporate cards, enforces spending controls, and automates expense and approval workflows.

Who it's for

Startups, mid-market, and enterprise businesses in the Middle East that need corporate card and spend management.

Founders

Parthi Duraisamy

Founder

I grew up in a lower-middle-class family in India. Neither of my parents had been to high school or college. The first life-changing event occurred in 2005 when I won a full scholarship to study engineering in Singapore. The drive to prove myself then sent me on a journey through prestigious institutions, including Barclays Investment Bank, McKinsey, and Dartmouth College. While I always felt like an outsider in these institutions, the journey eventually led me to build Alaan.

Karun Kurien

Founder

Karun started his career as a software engineer and then spent a few years consulting with McKinsey Digital. Most recently, he has focussed on building products for startups. He now leads product and tech. at Alaan.