Mozn is a leading enterprise AI software company based in Riyadh, Saudi Arabia, specializing in language and finance intelligence. Its flagship product, Focal, is a state-of-the-art compliance and anti-fraud platform designed to meet the needs of financial institutions in emerging markets. Focal empowers organizations to efficiently screen customers, monitor transactions, and assess risks using advanced AI and automation technologies.
Mozn was founded in 2017 and has quickly established itself as a significant player in the fintech industry. It has been recognized as one of the top 200 fintech companies globally and one of the top 25 in the "Digital Business Solutions" category by Statista.
Mozn has raised a total of $10 million in funding through a Series A round in February 2022. The round was supported by investors such as Raed Ventures, Shorooq Partners, Sukna Ventures, and VentureSouq.
Focal by Mozn is an AI-powered platform that offers comprehensive solutions for risk management, compliance, and fraud prevention. Key features include:
Arabic names matching support
Batch customer screening
Phonetic name matching AI
Detection of over 100 different human errors
Highly accurate alphabet mapping
Ongoing screening capabilities
These features help reduce false positives, lower operational costs, and improve customer experience.
Mozn is actively expanding its product offerings and has formed strategic partnerships to enhance its market presence. Notably, Mozn has collaborated with Google Cloud to make its Focal platform accessible globally through the Google Cloud Marketplace.
Focal continues to evolve with new AI-driven capabilities, such as configurable automation and a custom rule builder, which allow organizations to define risk thresholds and automate compliance processes. These innovations ensure rapid, accurate, and explainable risk decision-making.
Mozn is committed to driving financial security and compliance through AI technology, aligning with Saudi Vision 2030. The company values innovation, excellence, and the advancement of digital humanity. Its collaboration with global tech giants like Google underscores its commitment to technological innovation and digital transformation.
Mozn serves a diverse range of clients, including banks, insurers, and fintech companies across emerging markets. Its user base benefits from the platform's ability to perform over 1 billion screening checks, enhancing efficiency and compliance while taking a risk-based approach.
