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Moola - About the company

Moola is an acquired company based in Riyadh (Saudi Arabia), founded in 2023. It operates as a Provider of spend management and corporate card solutions. The company has 23 active competitors, including 10 funded and 3 that have exited. Its top competitors include companies like Zaggle, Globality and Zycus.

Company Details

Provider of spend management and corporate card solutions. It offers a centralized platform for managing business expenses, payments, and invoices. The platform includes features for automating accounting processes, streamlining reimbursements, and providing real-time reporting and analytics. Smart cards with integrated controls are offered to manage spending worldwide. The solution also incorporates tools for setting budgets, customizing approval workflows, and scanning receipts for accurate financial data. It supports multi-entity management and integrates with various accounting and ERP systems. The platform aims to improve financial efficiency, enhance security and compliance, and save time and money for businesses.
Key Metrics
Founded Year
2023
Location
Riyadh, Saudi Arabia
Stage
Acquired
Ranked
Employee Count
20 as on Apr 30, 2026
Similar Companies
Exit Details
Acquired by T2 (Feb 11, 2025)

Moola's acquisition details

Moola got acquired by T2 on Feb 11, 2025.
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Moola's funding and investors

Moola has not raised any funding rounds yet.

Moola's founders and board of directors

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Moola's employee count trend

Moola has 20 employees as of Apr 26. Here is Moola's employee count trend over the years:
Employee count trend for Moola
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Moola's Competitors and alternates

Top competitors of Moola include Zaggle, Globality and Zycus. Here is the list of Top 10 competitors of Moola, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Zaggle
Zaggle
2011, Mumbai (India), Public
Platform designed to streamline business spends, payments, and rewards through automated and innovative workflows
$13.7M
83/100
2nd
Logo for Globality
Globality
2015, Palo Alto (United States), Series E
Provider of AI-driven platform for sourcing and procurement process automation
$368M
68/100
3rd
Logo for Zycus
Zycus
2001, Princeton (United States), Unfunded
Provider of AI-powered source-to-pay procurement software solutions
-
-
66/100
4th
Logo for Tropic
Tropic
2020, New York City (United States), Series B
Provider of cloud-based procurement management solutions
$67.1M
63/100
5th
Logo for Omnea
Omnea
2021, London (United Kingdom), Series B
Provider of web-enabled procurement orchestration solutions for the supply chain
$138M
63/100
6th
Logo for Fairmarkit
Fairmarkit
2017, Boston (United States), Series C
Provider of an AI platform for automating strategic sourcing processes
$78M
58/100
7th
Logo for Mercanis
Mercanis
2020, Berlin (Germany), Series A
Provider of an AI procurement platform with autonomous agent deployment
$29.9M
57/100
8th
Logo for Keelvar Tech
Keelvar Tech
2012, Ireland, Series B
Provider of AI-native software for strategic sourcing and procurement processes
$43M
57/100
9th
Logo for Procurement Partners
Procurement Partners
2010, Brookfield (United States), Late Stage
Provider of cloud-based procurement management solutions
-
39/100
10th
Logo for Moola
Moola
2023, Riyadh (Saudi Arabia), Acquired
Provider of spend management and corporate card solutions
-
-
38/100
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Moola's Investments and acquisitions

Moola has made no investments or acquisitions yet.

Reports related to Moola

Here is the latest report on Moola's sector:

News related to Moola

Media has covered Moola for 1 event in last 1 year, It was about partnerships.
T2 Acquires Saudi Startup MoolaFintech FinanceFeb 12, 2025T2, Moola
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