Drahim
By Drahim
Drahim is a comprehensive financial management and investment app designed specifically for users in Saudi Arabia and the broader Middle East region. Founded in August 2021 by Sultan Al Khayal and Yasser Al Sharihi, Drahim aims to revolutionize personal finance management by integrating banking, budgeting, and investment services into a single platform. The app's name, derived from the ancient Greek "Drachma," reflects its mission to transform how people perceive and manage their money in the Arabic-speaking world. Drahim's platform is designed to simplify financial management while promoting financial literacy and growth. It offers users the ability to monitor their balances, receive detailed financial reports, and gain insights into their spending patterns, all within a user-friendly interface. The app also includes features for budgeting, goal setting, and portfolio monitoring, including the ability to link and track external investment portfolios. By combining personal finance management with automated investment services, Drahim aims to empower users to take control of their financial future, making it easier for individuals in the region to save, invest, and achieve their financial aspirations.
Drahim is a unique financial app in Saudi Arabia, offering innovative features, strategic partnerships, and a deep understanding of the market. It integrates with local banks for real-time financial monitoring, a unique feature in Saudi Arabia. Drahim's dual focus on personal finance management and investment, combined with an automated investment feature, sets it apart from traditional banking apps.
Seller
Drahim
HQ Location
Riyadh, Saudi Arabia
Company Website
https://drahim.sa/
Contact
+966 530523310
Year Founded
2021
Financial Services
Wealth Management
Fintech
Bank account consolidation
Real-time expense tracking
Automated transaction categorization
Investment wallet with diverse assets
Open banking integration
English
Arabic
Where does Drahim have offices in GCC?
Saudi Arabia.
Who are Drahim customers in the Middle East?
Drahim's customers in the Middle East primarily include individuals living in Saudi Arabia, Bahrain, and the United Arab Emirates. The app is designed to help these users manage their bank transactions in one place, offering features such as easy planning and budgeting, cash flow overview, and bank integration. This customer base benefits from Drahim's AI engine, which advises on low-risk auto-investing stock plans based on daily transactions.
What is the local address?
Not available.
Is Drahim Platform Available in Arabic?
Yes.
Does Drahim platforms use AI? And where?
The Drahim platform utilizes AI in transaction categorization, personalized investment plans, and an AI assistant. The AI engine categorizes user transactions, allowing users to understand their spending patterns. It also suggests low-risk auto-investing plans based on the user's financial situation and goals. These AI functionalities enhance user experience by providing automated financial management and investment advice.
Is Drahim a web 3 company?
No.
Are there any web 3 components?
No.
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