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
10th among 23 active competitors
Employee Count
20 as on Apr 30, 2026
Exit Details
Acquired by T2 (Feb 11, 2025)
Moola's acquisition details
Moola got acquired by T2 on Feb 11, 2025.
Click here to take a look at Moola's acquisition in detail
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Moola's funding and investors
Moola has not raised any funding rounds yet.
Moola's founders and board of directors
Founder? Claim ProfileMoola's employee count trend
Moola has 20 employees as of Apr 26. Here is Moola's employee count trend over the years:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Platform designed to streamline business spends, payments, and rewards through automated and innovative workflows | $13.7M | 83/100 | ||
2nd | Globality 2015, Palo Alto (United States), Series E | Provider of AI-driven platform for sourcing and procurement process automation | $368M | 68/100 | |
3rd | Zycus 2001, Princeton (United States), Unfunded | Provider of AI-powered source-to-pay procurement software solutions | - | - | 66/100 |
4th | Tropic 2020, New York City (United States), Series B | Provider of cloud-based procurement management solutions | $67.1M | 63/100 | |
5th | Omnea 2021, London (United Kingdom), Series B | Provider of web-enabled procurement orchestration solutions for the supply chain | $138M | 63/100 | |
6th | Fairmarkit 2017, Boston (United States), Series C | Provider of an AI platform for automating strategic sourcing processes | $78M | 58/100 | |
7th | Provider of an AI procurement platform with autonomous agent deployment | $29.9M | 57/100 | ||
8th | Keelvar Tech 2012, Ireland, Series B | Provider of AI-native software for strategic sourcing and procurement processes | $43M | 57/100 | |
9th | Procurement Partners 2010, Brookfield (United States), Late Stage | Provider of cloud-based procurement management solutions | - | 39/100 | |
10th | Moola 2023, Riyadh (Saudi Arabia), Acquired | Provider of spend management and corporate card solutions | - | - | 38/100 |
Looking for more details on Moola's competitors? Click here to see the top ones
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.
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Financial Platform Moola and Alpaca Partner to Make Investing More AccessibleCrowdfund Insider•Aug 11, 2025•Moola, Alpaca Securities
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T2 acquires majority stake in Moola to enter the Saudi Arabian marketThe Paypers•Feb 11, 2025•T2, Moola
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