What inspired you to create Myne, and how does it differentiate itself from other wealth management platforms?
The idea for Myne was born from a conversation with my university friend and now founding investor. We realized our wealth was scattered across multiple platforms, with no user-friendly solution to aggregate everything in real-time. The second reason was the unfortunate loss of a friend, where his wife struggled to map their financial picture—a reality for many loved ones left in the dark during life-changing events. With these challenges in mind and the evolution of fintech, we saw a new opportunity. Myne is the all-in-one platform to track, manage, and protect wealth seamlessly, setting it apart from traditional wealth management solutions.

Can you elaborate on the specific features and tools that Myne offers to help users manage and protect their assets?
Myne integrates seamlessly with bank accounts, allowing users to sync stock and crypto portfolios across multiple wallets. The platform supports multi-currency functionality and offers a bilingual experience in Arabic and English. Our real-time budgeting tools categorize spending, enabling users to set financial goals and monitor performance effectively. Additionally, Myne provides estate planning features to help users secure their wealth for the future. With automated tracking, AI-powered insights, and a user-friendly interface, Myne simplifies financial management, empowering users to make informed decisions with confidence.

How do you plan to utilize the $2 million raised in the pre-seed funding round to scale Myne’s operations and technology infrastructure?
The funding will primarily be used to launch Myne in the UAE and rapidly scale user adoption. We will continue developing our innovation pipeline, ensuring that Myne remains at the forefront of wealth-tech solutions. A portion will go toward hiring key team members across technology, product, and growth. Additionally, we will build our B2B platform, enabling deeper financial integrations for institutions. Lastly, we will begin the preparatory phase for expansion into Saudi Arabia (KSA), ensuring that Myne is well-positioned for future growth in the GCC region.

What are your strategies for user acquisition and regional expansion, particularly in the UAE, Saudi Arabia, and other GCC markets?
Our strategy combines digital marketing, strategic partnerships, and localized outreach. In the UAE, we leverage targeted ads, influencer collaborations, and referral programs to drive organic growth. But we also focus on partnerships to drive herd acquisition, so the plan is  to partner with financial institutions, corporate companies,tech companies  and offer Myne to enhance employees financial wellbeing. Expansion across the GCC will follow a phased approach, with UAE , followed by KSA and potential partnerships to launch in other GCC countries. Our B2B offering will further accelerate growth by integrating Myne’s technology with banks and fintech partners to service family offices , wealth advisors and planners. By addressing region-specific financial needs and regulatory requirements, we aim to become the leading wealth-tech platform in the Middle East.

How does Myne ensure the security and privacy of users’ financial data across its platform?
Security is our top priority. Myne employs strict two-factor authentication, and all data is encrypted at rest and in transit using  TLS protocols. We do not store user credentials, ensuring an additional layer of protection. Myne partners with regulated open banking providers, such as Lean, to securely fetch balance and transaction data, giving users full visibility while maintaining the highest security standards. We continuously update our security infrastructure to mitigate potential risks, ensuring that user data remains private, protected, and accessible only to the account holder.

Looking ahead, what are your long-term goals for Myne, and how do you envision the platform evolving in the next few years?
Our long-term vision is to enhance financial well-being and simplify wealth management for individuals and businesses. We started with asset tracking, budget monitoring, and wealth protection, but the roadmap includes integrating AI-driven financial insights, hyper-personalized dashboards, and predictive financial planning tools. We aim to expand globally, incorporating more financial products and services tailored to diverse markets. By leveraging AI agents and automation, we want to provide users with proactive financial recommendations, helping them optimize investments, minimize risks, and build lasting wealth. Myne is set to become the ultimate financial companion, evolving with users’ needs at every stage of their financial journey.

The post Myne simplifies wealth management with seamless integration appeared first on My Startup World - Everything About the World of Startups!.

Launched in 2024, Myne was inspired by Karim’s conversation with his university friend, now a founding investor, about the frustration of managing scattered financial details and assets across different platforms. The urgency grew after witnessing a grieving family struggle to organize a loved one’s finances, highlighting the importance of tracking and safeguarding wealth for those who need it most. Karim’s background in Tech helped solve the problem and a platform was designed to simplify wealth management by bringing all assets together in real-time, while ensuring they are organized, accessible, and protected.

“We are excited to have the support of visionary investors who share our dedication to revolutionizing financial management,” said Karim Chouman, Founder and CEO of Myne. “This funding reflects the strength of our vision, the innovation driving Myne, and the confidence our investors have placed in us.”

“Our strategy is to help simplify wealth management for our clients and we are proud to see significant interest since our launch which resonates with our vision of transforming financial management. This round of funding not only validates our innovative approach but also strengthens our commitment to empowering clients with tools to seamlessly track their net worth, manage their finances, and protect their assets.”

This funding will be deployed to scale operations, deepen Myne’s technology infrastructure, accelerate user acquisition, support its innovation pipeline and roadmap for regional expansion. In its first year, Myne aims to establish a strong foothold in the UAE before launching to Saudi Arabia and the other GCC markets. This funding round solidifies Myne’s position as a leading innovator in the fintech space, poised to transform how people perceive and manage their financial health.

Sultan Ghaznawi from Scene Holding said, “We see enormous potential in Myne’s approach to financial well-being. The platform’s ability to aggregate diverse assets and provide real-time integration is a game-changer in personal finance. We are excited to support Myne Launch and their expansion in KSA and beyond.”

Hasan Haider, Managing Partner from Plus VC added: “Myne represents the future of financial empowerment. Their innovative platform addresses critical gaps in wealth management, enabling individuals and businesses to take control of their financial futures. We are excited to support Karim and his team as they scale their business and lead the way as pioneers in this space.”

Myne offers a user-friendly platform with comprehensive financial management tools for individuals, professionals, and businesses. By addressing gaps in wealth tracking, budgeting, spending, and estate planning, Myne empowers users to make smarter financial decisions and secure their futures. With the ability to sync unlimited banking assets—banks, stocks, crypto brokers, exchanges, and wallets, Myne supports over 10 currencies. Users can access a personal wealth dashboard with real-time price updates, intuitive budgeting tools, and connect with top-tier wealth planners, providing a complete solution for financial well-being.

The post Myne raises $ 2 million in pre-seed funding round appeared first on My Startup World - Everything About the World of Startups!.