Maalexi is a risk management platform that utilizes blockchain technology and AI-driven data analytics to mitigate counter-party, legal, and payment risks in cross-border trade for small agri-businesses. By providing secure, automated transactions and real-time visibility, Maalexi enables local exporters and producers to access international markets with reduced costs and increased profit margins.
Funding
$6.6M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
SVFounders
Product
Problem
Small and medium-sized agri-businesses face significant challenges in cross-border trade, including managing trade risks, accessing finance, and navigating complex regulatory environments. These challenges limit their ability to participate effectively in the global food trading market.
Solution
Maalexi provides a risk management platform that enables SME agri-businesses to engage in safer and more efficient cross-border trade. The platform incorporates digital contracts, AI-enhanced inspections, and blockchain-authenticated documentation to mitigate risks associated with international transactions. By automating trade processes and providing access to secure transactions, Maalexi helps SMEs increase revenues, improve bankability, and build more sustainable enterprises. The platform facilitates connections between SME agri-buyers and sellers, streamlining procurement and distribution across the GCC region and beyond.
Target Audience
Maalexi primarily targets small to medium-sized agri-businesses, including manufacturers, distributors, and wholesalers, who are involved in cross-border food and agricultural trade, particularly within the UAE and Saudi Arabia.
Features
- Digital contracts that ensure compliance with international and local regulations
- AI-powered inspections to verify the quality, quantity, and weight of goods
- Blockchain-authenticated documentation for secure and transparent transactions
- Real-time tracking and control of goods from origin to destination
- Flexible payment plans with options for deferred payment
- Integration with DP World facilities for product storage and delivery
- KYC, KYB, and AML checks for counter-party risk mitigation