# Alaan

Alaan is an Asset Manager based in Dubai, United Arab Emirates.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** Dubai, United Arab Emirates
- **Region:** Middle East
- **Address:** Dubai, United Arab Emirates
- **Assets under management:** Undisclosed
- **Website:** alaan.com
- **LinkedIn:** https://www.linkedin.com/company/alaanpay

## Regulatory record

- **Reports private funds:** No

## About

Alaan operates a corporate card and spend management platform in the UAE. The platform issues Visa corporate cards that provide up to 2% cashback. It charges no setup fee.

## Sectors

- FinTech
- Enterprise Software
- AI/ML

## Questions

### Who runs investment decisions at Alaan?

Alaan does not operate as an investment firm — it is a venture-backed operating company. Capital-allocation decisions reside with the founders and executive team, who deploy the $48m Series A into product development, hiring, and market expansion in the UAE, per the firm's About page.

### Does Alaan participate in fund commitments or only direct deals?

Alaan does not make fund commitments or direct investments in third-party companies. The firm's balance sheet is used exclusively to operate and grow its own expense-management platform, per its own disclosures.

### Where does Alaan's underlying capital come from?

Alaan's funding comes from venture capital — a $48m Series A led by Peak XV with participation from Y Combinator and angel investors including Mudassir Sheikha, CEO of Careem, as stated on the firm's own About page. The founders' personal wealth origins are not publicly disclosed.

### What is Alaan's known posture on co-investments alongside external GPs?

Alaan does not co-invest alongside GPs. As an operating company, it uses its venture funding to build and sell its own product — it is a potential vendor to GPs and portfolio companies, not a co-investor.

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- [Aevi](https://altss.com/profile/aevi)
- [Vanilla](https://altss.com/profile/vanilla)

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Last updated: 2026-07-11T16:13:02.000Z

Canonical page: https://altss.com/profile/alaan

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