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Builders in Fintech

Bayzat

Builders in Fintech has recorded 2 equity rounds for Bayzat, most recently a series b round of $16M on 22 October 2019.

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Products
Total raised
$21M · equity rounds with a stated amount
Last round
Series B · $16M · 22 October 2019
Investors
Silicon Badia

Timeline

  1. Funding round

    Series B · $16M

  2. Funding round

    Series A · $5M · Silicon Badia (lead)

All funding rounds in the database

Product

HR, payroll, payments and insurance platform for GCC employers

Finance operations and accounting

Markets: Saudi Arabia, United Arab Emirates

Bayzat is a Dubai-based platform that combines HR, payroll, finance and benefits for companies in the Gulf. Employers manage employee records, leave, attendance and hiring, run payroll, pay suppliers and staff, issue corporate cards and handle expenses and cross-border payments, and provide group health and other insurance, in a system localised for the UAE and Saudi Arabia.

Website

Description from the company website · Source

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