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Daleel Expands To UAE, Tapping Into $44B Finance Market

The Bahrain-based company offers a personalized financial marketplace with regional expansion supported by investors Flat6Labs and Salica.

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daleel expands to uae tapping into $44 billion finance market

Daleel, a personalized financial marketplace originally founded in Bahrain, has officially entered the UAE market supported by notable investors, including Flat6Labs and Salica. Known for its ability to connect customers with tailored financial products, Daleel has gained significant traction in its home country, and the company is now eying the wider Middle East’s massive personal finance market, valued at an estimated $44.4 billion.

The platform’s UAE debut was hosted at Visa’s CEMEA Market Support Center in Dubai, marking another milestone for Daleel. The company gained regional attention when it clinched first place and $40,000 in funding at the 2023 Visa Everywhere Initiative finals in Saudi Arabia.

daleel expands to uae

Daleel’s expansion is supported by notable investors, including Flat6Labs and Salica. At the launch event, several key figures in the fintech and financial sectors were present, including Daleel’s co-founders, CEO PK Shrivastava and COO Ridaa Shah.

Reflecting on the launch, PK Shrivastava said, “Launching in the UAE is a landmark moment for the company, and we are pleased to do so alongside Visa, who have championed us from the start. There is a real demand across the region for personalized finance, and we believe this is the right time to expand our marketplace to connect more customers with the best financial solutions”.

Also Read: How (And Why) To Start A Tech Business In Dubai

Daleel’s team combines expertise in open banking, finance, and technology, which has enabled the company to refine its platform for the regional market. Their data-driven system is designed to quickly match customers with financial products, ranging from credit cards and mortgages to savings accounts, offering personalized options in seconds. This transparency and efficiency benefit consumers while providing financial institutions with more cost-effective ways to acquire customers and create data-informed products.

Looking ahead, Daleel plans to secure an open finance license in 2025, which will allow even deeper integration with financial institutions. The company’s ultimate goal is to build a financial ecosystem where decisions that used to take weeks can now be made in minutes, empowering users to achieve better financial outcomes.

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Samsung’s Galaxy Watch 9 And Ultra 2 Specs Leak Ahead Of Unpacked

An 800mAh Ultra 2 battery and a switch from Exynos to Qualcomm silicon headline the expected changes for Samsung’s next smartwatches.

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samsung's galaxy watch 9 and ultra 2 specs leak ahead of unpacked

Samsung’s next smartwatches have little left to hide. A new leak reported by Android Authority has surfaced most of the remaining details about the Galaxy Watch 9 and Galaxy Watch Ultra 2, just over a week before the company’s Galaxy Unpacked event on July 22.

The biggest change is an invisible one: Samsung is expected to drop its own Exynos W1000 chip in favor of Qualcomm’s Snapdragon Wear Elite SW6100, a chipset unveiled only this year, according to the outlet.

Battery capacity looks like the other notable upgrade. Citing a report from Winfuture, Android Authority says the Watch Ultra 2 could reach 800mAh, well beyond the 590mAh cell in the current Watch Ultra. The 44mm Watch 9 reportedly gets a 445mAh cell — the same capacity as last year’s Watch 8 Classic — while the 40mm model stays at 325mAh.

The 40mm Watch 9 will reportedly feature a 438 x 438-pixel panel, with the 44mm Watch 9 and the Watch Ultra 2 sharing a larger 480 x 480-pixel screen. Samsung leaker Ice Universe has separately claimed the Ultra 2’s display could reach a peak brightness of 5,000 nits. RAM and storage vary by model, topping out at 2GB and 64GB.

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The Ultra 2 keeps its titanium case and 100-meter water resistance; the standard Watch 9 remains aluminum, rated to 5 ATM. All models are said to include Bluetooth 6.0, NFC, and dual-band WiFi, with the usual LTE variants, and ship with One UI 9 Watch running on Wear OS 7.

A separate leak puts the Galaxy Watch 9 at €409 (about $468) for the 40mm Bluetooth model, rising to €489 (about $560) for the 44mm LTE version, with the Watch Ultra 2 LTE at €749 (about $857) — figures Android Authority said were partially corroborated by Winfuture. Confirmation arrives on stage on July 22.

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