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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 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
Similar Companies
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:
Overall Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Globality
Globality
2015, Menlo Park (United States), Series E
Provider of an AI-based global sourcing platform
$368M
67/100
2nd
Logo for Fairmarkit
Fairmarkit
2017, Boston (United States), Series C
Cloud-based tail spend management solution for businesses
$78M
58/100
3rd
Logo for Tropic
Tropic
2020, New York City (United States), Series B
Provider of cloud-based procurement management solutions
$67.1M
56/100
4th
Logo for Omnea
Omnea
2021, London (United Kingdom), Series A
Provider of web-enabled procurement orchestration solutions for the supply chain
$75.1M
50/100
5th
Logo for Keelvar
Keelvar
2012, Cork (Ireland), Series B
Offers AI & web-based sourcing optimization software
$43M
49/100
6th
Logo for Mercanis
Mercanis
2020, Berlin (Germany), Seed
Provider of web-based procurement automation solutions
$10M
49/100
7th
Logo for Rosslyn
Rosslyn
2007, Portsmouth (United States), Public
Online analytics and predictive analytics platform
$3.36M
45/100
8th
Logo for Procurement Partners
Procurement Partners
2010, Brookfield (United States), Late Stage
Provider of cloud-based procurement management solutions
-
38/100
9th
Logo for Valstream
Valstream
2016, Theale (United Kingdom), Seed
Provider of AI & SaaS-enabled procurement analytics solutions
$2.89M
35/100
10th
Logo for Kermit PPI
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
Logo for Moola
Moola
2023, Riyadh (Saudi Arabia), Acquired
Provider of spend management and corporate card solutions
-
-
21/100
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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 a total of 2 events in the last 1 year.
T2 Acquires Saudi Startup MoolaFintech FinanceFeb 12, 2025T2, Moola
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FAQ's about Moola

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