THE MIDDLE EAST’S

25. Tarabut
Description: Open banking and embedded finance platform
Headquarters: U.A.E.
Date of Establishment: 2018
Founder: Abdulla Almoayed
Tarabut connects a regional network of banks and fintechs through universal APIs, allowing them to build their own personalized financial products and services. It operates in the U.A.E., Bahrain, and Saudi Arabia. In September 2024, Tarabut acquired the London-based real-time account-to-account payments platform for online businesses, Vyne, marking its entry into the burgeoning A2A payments space. The company also experienced 4.5 times year-on-year revenue growth in 2024.