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Recently raising $32M in Series A funding, Tarabut Gateway is on a mission to empower and accelerate the creation and distribution of personalized financial services

Recently raising $32M in Series A funding, Tarabut Gateway is on a mission to empower and accelerate the creation and distribution of personalized financial services

May 6, 2023

logo of Tarabut Gateway

Founded by Abdulla Almoayed, Tarabut Gateway is revolutionizing the financial services industry in the Middle East and North Africa with its open banking platform. Recently raising $32M in Series A funding, the Dubai-based startup is on a mission to empower and accelerate the creation and distribution of personalized financial services. With Visa, AlJazira Capital, and Pinnacle Capital as their investors, Tarabut Gateway is the first and largest regulated open banking platform in the MENA region. Their universal API connects a network of banks and FinTechs, providing real-time access to financial data, enabling direct bank-to-bank payments, and offering open banking compliance solutions. 

Team at Tarabut Gateway

The company's consulting services also help financial institutions devise innovative open banking strategies with measurable outcomes to maximize opportunities and fuel growth. Tarabut Gateway's strengths lie in its customer-centric approach, prioritizing the customer's needs, striving for excellence, and encouraging diversity and collaboration in its decision-making processes. With Tarabut Gateway, developers can integrate faster, streamline user onboarding experiences, and focus on building products for faster speed to market. Tarabut Gateway's vision is to be the MENA region's largest, most reliable, and most trusted connectivity provider for the financial services sector, enabling everyday people to make better financial decisions.

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