Alaan helps businesses manage and control spending through smart corporate cards, an AI-native business bank account, international transfers, and accounting automation. The company serves over 3,000 finance teams, including teams at G42, Careem, Tabby, Lulu Group, and Rivoli. Alaan has processed more than five million transactions since its establishment. In August 2025, it raised $48 million in a Series A round led by Peak XV Partners, bringing total funding to $55.5 million.