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 22 active competitors, including 12 funded and 2 that have exited. Its top competitors include companies like Globality, Fairmarkit and Tropic.
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
16th among 22 active competitors
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
Moola's funding and investors
Moola has not raised any funding rounds yet.
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Moola's Competitors and alternates
Top competitors of Moola include Globality, Fairmarkit and Tropic. Here is the list of Top 10 competitors of Moola, ranked by Tracxn score:
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Overall Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
---|---|---|---|---|---|
1st | Globality 2015, Menlo Park (United States), Series E | Provider of an AI-based global sourcing platform | $368M | 67/100 | |
2nd | Fairmarkit 2017, Boston (United States), Series C | Cloud-based tail spend management solution for businesses | $78M | 58/100 | |
3rd | Tropic 2020, New York City (United States), Series B | Provider of cloud-based procurement management solutions | $67.1M | 56/100 | |
4th | Omnea 2021, London (United Kingdom), Series A | Provider of web-enabled procurement orchestration solutions for the supply chain | $75.1M | 50/100 | |
5th | Offers AI & web-based sourcing optimization software | $43M | 49/100 | ||
6th | Provider of web-based procurement automation solutions | $10M | 49/100 | ||
7th | Rosslyn 2007, Portsmouth (United States), Public | Online analytics and predictive analytics platform | $3.36M | 45/100 | |
8th | Procurement Partners 2010, Brookfield (United States), Late Stage | Provider of cloud-based procurement management solutions | - | 38/100 | |
9th | Valstream 2016, Theale (United Kingdom), Seed | Provider of AI & SaaS-enabled procurement analytics solutions | $2.89M | 35/100 | |
10th | Kermit PPI 2011, Baltimore (United States), Seed | Cloud-based, point-of-use spend management and financial analytics platform for hospitals in implantable medical devices category | $525K | 28/100 | |
16th | Moola 2023, Riyadh (Saudi Arabia), Acquired | Provider of spend management and corporate card solutions | - | - | 21/100 |
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 a total of 2 events in the last 1 year.
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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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