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DateInvestorsAmountRound
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N/A

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N/A

$300k

Angel

$1.2m

Series A

$3.0m

Series B

N/A

Convertible
N/A

N/A

Growth Equity VC

$10.0m

Series B
N/A

N/A

Seed

N/A

Acquisition
Total FundingCAD19.8m

Recent News about Souqalmal

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Souqalmal.com is a dynamic startup based in the United Arab Emirates, specializing in the comparison of financial products such as car insurance, health insurance, credit cards, and loans. The company operates in the financial services market, primarily serving individual consumers looking to make informed decisions about their financial products.

Souqalmal.com simplifies the process of comparing various financial products by providing a user-friendly platform where customers can view and compare quotes and features from top UAE brands. This helps users find the best deals tailored to their specific needs. The platform covers a wide range of products including car insurance, health insurance, personal loans, credit cards, travel insurance, yacht insurance, and bike insurance.

The business model of Souqalmal.com revolves around providing a comprehensive comparison service. They generate revenue through commissions from financial institutions and insurance companies when a customer purchases a product through their platform. Additionally, they may earn fees for featured listings or advertisements from financial service providers looking to promote their products.

Souqalmal.com prides itself on its professional and efficient service, with a team of experts available to assist customers in understanding and selecting the best financial products. Their commitment to customer satisfaction is evident from the positive feedback and testimonials from users who have successfully used their service to re-insure their vehicles or find suitable financial products.

With over six years of experience in the industry, Souqalmal.com has established itself as a trusted name in the UAE's financial services market. They aim to demystify insurance and banking, making it easier for everyone to find the financial products best suited to their needs.

Keywords: Car Insurance, Health Insurance, Credit Cards, Personal Loans, Financial Comparison, UAE Market, Customer Service, Financial Products, Insurance, Banking.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.