It integrates cards, transfers, invoicing, and accounting into a single AI-native workflow.
Alaan has launched a business bank account with built-in intelligence, powered by ruya. With this launch, Alaan becomes the first fintech in the region to combine corporate cards, domestic and cross-border supplier payments, invoice automation, and accounting into a single AI-native platform.
The move marks a key step in the company’s vision to build a financial operating system for modern businesses in the region and comes shortly after Alaan committed AED 3 million to support UAE businesses by covering utility and telecom bills.
Powered by ruya’s Banking-as-a-Service infrastructure, the account offers Shariah-compliant digital banking features embedded within Alaan’s spend management platform.
The system enables seamless payments through “SuperPay,” allowing businesses to pay suppliers locally or internationally across more than 40 countries with no cross-border transfer fees. It also automates invoice processing by extracting key details such as vendor information, VAT, due dates, and line items, while flagging duplicate invoices.
Approvals and accounting workflows are integrated, with payments syncing directly to major accounting platforms including Odoo, Zoho, Xero, and QuickBooks. The account also supports inbound payments, enabling businesses to manage incoming and outgoing funds within a single system, along with unlimited users and cashback on corporate card spending.
According to Parthi Duraisamy, the platform significantly reduces manual finance processes, enabling supplier invoices that previously took hours to be processed in minutes, while helping UAE companies focus more on growth and efficiency.
The launch comes as business banking in the United Arab Emirates undergoes a major transformation, with the country adding 250,000 new companies in 2025 alone and bringing the total number of businesses in the Middle East to over 1.4 million. Many of these firms are increasingly shifting from traditional banking models to AI-first financial platforms.
Since its launch in 2022, Alaan has emerged as a leading fintech in the region, recently securing a $48 million Series A funding round led by Peak XV Partners. The company is now used by more than 3,000 finance teams across organisations including G42, Careem, Tabby, McDonald’s, and Al Barari.
“This partnership reflects one of ruya’s core priorities: delivering simple, ethical banking tailored to business needs,” said Christoph Koster.
He added that by partnering with Alaan, UAE businesses can access seamless, Shariah-compliant digital banking directly within the tools they already use. He described the collaboration as an example of embedded finance reducing friction, improving efficiency, and enabling companies to focus more on growth.
