Ziina is bringing the next generation of financial services to the Middle East.
As the UAE’s first peer-to-peer payment app, Ziina is on a mission to simplify finance for everyone. Send and receive payments with just a phone number—no IBAN or swift code required. Ziina offers bank-grade security and end-to-end encryption, never holding onto your money so every transfer goes fast. Currently available to UAE residents on iOS and Android, the app provides a seamless way for friends and family to split the cost of takeout or a grocery bill. As Ziina grows, we’re committed to creating a new age of money in the Middle East and redefining how people use technology to transform their finances.
As the UAE’s first peer-to-peer payment app, Ziina is on a mission to simplify finance for everyone. Send and receive payments with just a phone number—no IBAN or swift code required. Ziina offers bank-grade security and end-to-end encryption, never holding onto your money so every transfer goes fast. Currently available to UAE residents on iOS and Android, the app provides a seamless way for friends and family to split the cost of takeout or a grocery bill. As Ziina grows, we’re committed to creating a new age of money in the Middle East and redefining how people use technology to transform their finances.
Location: United Arab Emirates, Dubai
Employees: 11-50
Total raised: $29.5M
Founded date: 2020
Investors 11
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Funding Rounds 2
| Date | Series | Amount | Investors |
| 05.09.2024 | Series A | $22M | - |
| 07.06.2021 | Seed | $7.5M | Class 5 |
Mentions in press and media 12
| Date | Title | Description |
| 09.01.2026 | VentureSouq led $2 M Seed investment raised by MilkStraw AI | AI-powered cloud optimisation startup MilkStraw AI has raised $2 million in seed funding in a round led by VentureSouq, with participation from Ibtikar Fund and M Capital. Founded in 2023, MilkStraw AI was built to simplify cloud optimisati... |
| 29.10.2025 | UAE-Based Ziina Partners with Visa to Debut Its First Digital Card for Instant Payments Ziina Card addresses challenges head-on by creating a unified flow between receiving and spending. | Ziina, a UAE-based fintech platform offering both acquiring and issuing, has announced the launch of Ziina Card, its first digital card powered by Visa. Available directly within Apple Wallet, Ziina Card transforms a user's Ziina balance in... |
| 18.09.2025 | Startup Funding: Samih Toukan, Chairman and CEO, Jabbar Internet Group Samih Toukan, Chairman and CEO, Jabbar Internet Group, on how to stand out, secure funding, and scale smart. | This article is part of Startup Funding - Investor Insights Every Entrepreneur Needs by Entrepreneur Middle East, a series where the MENA region's leading venture capitalists share practical advice to help founders navigate the challenges o... |
| 31.10.2024 | How SMEs Are Driving A Fintech Revolution Across The MENA Region In just a little over a decade, fintech has advanced so rapidly that our current digital payment landscape would have been almost unima... | When you think about the future of digital payments, what comes to mind? Is it the seamless interface that anticipates your needs, the convenience of instant transactions at your fingertips, or the assurance that your funds are always secur... |
| 11.09.2024 | MENA-based Paymob secures $22m in Series B+ funding led by EBRD Venture Capital | Paymob, an Egypt-based financial services enabler for MENA, has raised an additional $22 million in its Series B funding round, according to a statement on Wednesday. EBRD Venture Capital led the funding with participation from Endeavor Cat... |
| 05.09.2024 | Financial platform for consumers and businesses Ziina raised $22 M Series A funding | Leading financial platform for consumers and businesses in the United Arab Emirates, Ziina, today revealed that it has raised $22 million in a Series A funding round led by US-based Altos Ventures. Avenir Growth, Y Combinator, FJ Labs, MEVP... |
| 04.09.2024 | Dubai-based fintech Ziina bags $22m led by Altos Ventures | Ziina, a Dubai-based fintech startup specialised in payment solutions, has raised $22 million in a Series A funding round led by Silicon Valley-based early-stage investor Altos Ventures. |
| 09.06.2021 | Ziina, a payment app based in the UAE, has raised $7.5 million to scale regional expansion. | Ziina, a UAE-based fintech firm, has raised $7.5 million in its newest investment round, bringing the payment app’s total funding to more than $8.6 million. Wamda Financing, FJ Labs, Graph Ventures, Goodwater Capital, Jabbar Internet Group,... |
| 07.06.2021 | YC-backed Ziina raises $7.5M seed led by Avenir Growth Capital and Class 5 Global | Cash is the predominant method of sending and receiving payments in the Middle East. If you owe someone a cup of coffee or a trip over a long period, repaying via cash is your best bet. This is one problem out of many financial issues that ... |
| 20.05.2020 | Dubai fintech Ziina lands $850,000 and launches P2P payment app | Ziina, a Dubai-based fintech, has landed $850,000 in a pre-seed round and launched its social peer-to-peer (P2P) payment app, MENAbytes reports. The start-up’s funding round was led by San Francisco-based Class 5 Global, which also backs ne... |
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