UAE Regtech Startup Qanooni Secures $2 Million in Pre-Seed Funding
Qanooni, a UAE-based regtech startup, has successfully raised $2 million in a pre-seed funding round. The investment marks a significant milestone for the company, which aims to digitize the legal and regulatory compliance process across the Middle East and North Africa (MENA) region.
Founded in 2024, Qanooni’s platform leverages advanced artificial intelligence (AI) and machine learning technologies to help businesses navigate legal challenges and regulatory requirements efficiently. Their digital tools are designed to automate document preparation, monitor compliance, and maintain seamless communication with regulatory authorities.
The pre-seed round saw participation from prominent regional investors, underscoring growing confidence in the region’s emerging regtech sector. According to a spokesperson from Qanooni, raising this round will allow the startup to expand their technical team, enhance product development, and accelerate user acquisition throughout MENA.
“Instead of viewing compliance as a bottleneck, businesses can leverage technology to turn it into a competitive advantage,” the spokesperson said.
Qanooni’s founders plan to use the new capital for scaling operations and deepening their partnerships with law firms and regulatory agencies. The company sees significant potential for its SaaS-based regtech solutions among financial institutions, fintech startups, and other organizations navigating complex legal landscapes.
As the regtech industry in the UAE and the wider region continues to gain traction, Qanooni’s latest funding round positions the company as a key player in shaping the future of compliance and legal innovation.
Team V.INO-LNK
