News

XAAN Introduces Web App For Dubai Holiday Home Guests

The startup’s extensive hospitality knowledge will ensure an exceptional guest experience by verifying service providers and maintaining high standards of quality.

Published

1 year ago

May 22, 2023

Nour Nasir

xaan introduces web app for dubai holiday home guests

XAAN, a digital-first startup in the vacation rental space, has officially launched a new web app designed to enhance stays for guests of rental apartments in Dubai. The service aims to maintain “hotel standards” within the industry and will also help connect apartment owners and guests with local suppliers and boost revenue from the sale of supplemental services.

“Digitalization is essential for 90% of holiday homes to compete with hotels and increase profits. XAAN offers a solution by providing advanced technology, hotel-grade services, and hospitality standards to make vacation rental businesses successful and profitable,” says Gleb Mykhailov, XAAN CEO.

xaan web app 1

To provide their unique solution, the XAAN development team has integrated with the task management system Teamatix, and the startup is now taking its offering a step further by introducing a guest-facing web app.

Also Read: Qatar’s Capital Aims To Become A Regional Technology Hub

By verifying service providers, maintaining high standards of quality, and giving guests access to XAAN’s extensive hospitality knowledge, the team hopes to ensure an exceptional experience for travelers heading to Dubai on vacation or business trips.

xaan web app 2

As well as booking apartments, guests can reserve spa experiences, book laundry services, request breakfast or cleaning services, call taxis, and even book sightseeing tours. Overall, the new app shows great promise and offers the opportunity for holiday home business owners to increase their revenue.

News

Mamo Completes $3.4M Funding Round To Enhance Fintech Services

The startup will use the influx of cash to expand into Saudi Arabia and across the wider GCC while improving its product offering.

Published

1 day ago

July 25, 2024

Nour Nasir

Mamo

UAE-based fintech Mamo has announced the completion of a $3.4 million funding round that will help the startup extend its market presence and improve its product offering. Investors included 4DX Ventures, the Dubai Future District Fund and Cyfr Capital.

Mamo’s platform offers “payment collection, corporate cards and expense management” to help small and medium-sized businesses consolidate and streamline their operations. With the latest influx of capital, Mamo will further develop its comprehensive suite of services and begin testing its product lines in Saudi Arabia, further extending its footprint across the GCC.

Imad Gharazeddine, co-founder and CEO of Mamo, stated: “We’ve been in the market for a while now and are incredibly proud of what our team has achieved. The holistic and expansive nature of our product offering has helped us continue to grow sustainably. This additional funding will allow us to reach our medium-term goals even faster. The support from new and existing investors is a testament to our strong expertise and the ability to deliver on our customer promise”.

Daniel Marlo, General Partner of lead investor 4DX Ventures, added: “We have immense trust in Imad’s vision, leadership and Mamo’s innovative approach to provide a user-friendly and comprehensive financial solution for SMEs that makes financial management more accessible and efficient. We are proud to partner with them and support their mission”.

Also Read: A Guide To Digital Payment Methods In The Middle East

Amer Fatayer, Managing Director of Dubai Future District Fund’s investment team, also commented: “Mamo’s localized product lines serve as an infrastructure for SME payments and spend management in UAE, a segment that is underserved by the country’s current banking infrastructure. The team has taken a product-first approach to consolidating SMEs’ financial journeys and building a fintech solution deeply embedded in a business’s core operations”.

To date, Mamo has raised around $13 million in investment funding and now boasts a team of 30 people. The company’s intuitive financial services platform has allowed over 1,000 businesses to consolidate their financial operations and significantly reduce payment fees.