Nqoodlet provides a fintech platform for SMEs offering smart corporate cards, real-time expense tracking, VAT automation, bookkeeping, and integrated financial services. The product is designed to reduce paperwork and operational friction so companies can focus on growth. The company serves over 600 SMEs across Saudi Arabia and the broader GCC region. Nqoodlet plans to expand its banking infrastructure, launch new financial tools, and grow its team across the GCC using the recently raised funds. The platform targets SME efficiency and cost savings through automation and consolidated financial workflows. Founders Mohamed Milyani and Yara Ghouth lead the company from Riyadh.

Total raised

$3M

Funding rounds

1

Latest round

Seed

Latest activity

May 2025