Metric Secures Seven-Figure Funding to Supercharge AI Fintech Expansion in Asia

2 min
Metric, a UAE fintech company, secures a significant seven-figure seed funding round.
This funding will boost AI-driven finance solutions and expand services across the Gulf and Asia.
Metric's marketplace offers financial tools like business debit cards to SMEs.
Their AI assistant "Max" provides tailored financial guidance as a virtual advisor.
Metric aims to grow in the Middle East, North Africa, Afghanistan, and Pakistan markets.
Metric, the UAE-based fintech company specialising in artificial intelligence solutions, has secured a substantial seven-figure seed funding round to expand its services across the Gulf region and into Asia. Investors in this latest round include major industry players such as Sanabil 500 Global, Hub71, i2i Ventures, Plus VC, Epic Angels and Accelerate Prosperity, alongside a number of angel investors.
The company connects small and medium businesses with essential financial tools through its dedicated marketplace, offering everything from debit cards designed specifically for businesses to tailored funding opportunities. According to CEO Mina Tarek, the fresh injection of capital is earmarked for accelerating the company’s deployment of AI-driven finance solutions, extending their pilot programmes, and providing increased access to financial products, notably business debet cards.
Metric is also set to deepen its focus on markets in the Middle East, North Africa, Afghanistan, and Pakistan, where it hopes its AI assistant will enhance services to local businesses, thus creating strong added value through its evolving fintech marketplace.
Alongside this funding news, Metric has unveiled "Max", described as the world's first Chief Financial Artificial Intelligence Officer. Max essentially acts as an intelligent mini-advisor, offering tailored guidance to businesses. Think of it as your savvy financial sidekick, but without the tea breaks.
This fundraising follows Metric’s earlier success in a pre-seed round which saw them netting $900,000, comfortably smashing their initial targets.
It's exciting to see fintech startups such as Metric pushing boundaries in emerging markets, addressing real-world business issues with clever applications of AI. Given the current buzz around fintech in the region—something regular readers of Arageek will be very familiar with—the firm certainly seems primed for significant growth. Watching this space closely, it’ll be intriguing to see how Metric uses this cash infusion to realise its ambitious plans.
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