Mthmr, a Saudi Arabian fintech personal expense management company, raised SAR 6m in seed funding.
Backers included participation from Waed Ventures, Dahran Trading Group, and Le Augure, alongside a group of supportive angel investors.
The company intends to use the funds to expand operations and its business reach.
Founded in 2021 by Abdulrahman Qamsani and Abdulrahman Bin Nujifan, Mthmr introduced a comprehensive platform designed to enable individuals to monitor personal expenditures and boost their savings. Beyond its financial functions, Mthmr also serves its user base by providing access to the latest deals and offers, bolstering their saving capabilities and ensuring financial balance.
FinSMEs
07/08/2023