About Tarabut

Tarabut is the first regulated Open Banking platform in the MENA region, providing a secure API that connects banks and FinTechs for real-time access to financial data and instant account-to-account payments. This platform enables businesses to enhance decision-making, streamline payment processes, and improve customer insights by leveraging comprehensive access to millions of financial accounts.

```xml <problem> Financial institutions and fintech companies in the MENA region face challenges in accessing and leveraging real-time financial data from various banks due to fragmented systems and a lack of standardized APIs. This limits their ability to offer innovative services, make informed decisions, and streamline payment processes. </problem> <solution> Tarabut provides a regulated open banking platform that offers a secure and unified API for accessing financial data and enabling instant account-to-account payments. This platform allows businesses to connect to a broad network of banks, unlocking data-driven insights and streamlining payment processes. By providing real-time access to millions of financial accounts, Tarabut empowers financial institutions and fintechs to enhance decision-making, improve customer insights, and create seamless payment experiences. </solution> <features> - Secure Open Banking APIs for real-time access to financial data. - Instant account-to-account payments with real-time settlements. - Bank-grade security infrastructure trusted by leading banks. - Data categorization to transform raw transaction data into actionable insights. - Income verification using secure, real-time data directly from bank accounts. - Account verification to instantly and securely verify bank account ownership. - Compliance solutions to simplify API exposure and ensure adherence to regulatory requirements. - No-code dashboard with insights to speed up approvals and enhance decision-making. </features> <target_audience> The primary target audience includes financial institutions, fintech companies, and enterprises in the MENA region seeking to leverage open banking for enhanced services, data-driven insights, and streamlined payment solutions. </target_audience> ```

What does Tarabut do?

Where is Tarabut located?

Tarabut is based in Dubai, United Arab Emirates.

When was Tarabut founded?

Tarabut was founded in 2018.

How much funding has Tarabut raised?

Tarabut has raised 57250000.

Location

Dubai, United Arab Emirates

Founded

2018

Funding

57250000

Employees

162 employees

Major Investors

Pinnacle Capital

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Tarabut

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Executive Summary

tarabut.com 30K+

Crunchbase

Founded 2018 – Dubai, United Arab Emirates

Funding

Estimated Funding

$50M+

Major Investors

Pinnacle Capital

Team (100+)

No team information available.

Company Description

Problem

Financial institutions and fintech companies in the MENA region face challenges in accessing and leveraging real-time financial data from various banks due to fragmented systems and a lack of standardized APIs. This limits their ability to offer innovative services, make informed decisions, and streamline payment processes.

Solution

Tarabut provides a regulated open banking platform that offers a secure and unified API for accessing financial data and enabling instant account-to-account payments. This platform allows businesses to connect to a broad network of banks, unlocking data-driven insights and streamlining payment processes. By providing real-time access to millions of financial accounts, Tarabut empowers financial institutions and fintechs to enhance decision-making, improve customer insights, and create seamless payment experiences.

Features

Secure Open Banking APIs for real-time access to financial data.

Instant account-to-account payments with real-time settlements.

Bank-grade security infrastructure trusted by leading banks.

Data categorization to transform raw transaction data into actionable insights.

Income verification using secure, real-time data directly from bank accounts.

Account verification to instantly and securely verify bank account ownership.

Compliance solutions to simplify API exposure and ensure adherence to regulatory requirements.

No-code dashboard with insights to speed up approvals and enhance decision-making.

Target Audience

The primary target audience includes financial institutions, fintech companies, and enterprises in the MENA region seeking to leverage open banking for enhanced services, data-driven insights, and streamlined payment solutions.