Alaan, the UAE’s leading spend management platform, has launched a new AI-native business bank account powered by ruya, marking a major expansion of its financial operating system for modern businesses. The new offering integrates corporate cards, domestic and cross-border payments, invoice automation, and accounting into a unified platform, positioning Alaan as one of the first fintechs in the region to deliver a fully AI-driven financial stack for enterprises.
Quick Intel
AI-Native Business Banking for Modern Enterprises
Unified Financial Operating System for Businesses
The new Alaan business bank account is designed to eliminate fragmented financial workflows by bringing all core business finance functions into a single platform. Businesses can manage supplier payments, employee expenses, invoicing, and accounting operations without switching systems.
By embedding AI directly into financial workflows, Alaan aims to reduce manual intervention, speed up transaction cycles, and improve visibility across financial operations.
Automated Payments and Invoice Intelligence
A key feature of the platform is its “SuperPay” system, which enables businesses to process both domestic UAE transfers and international payments to more than 40 countries from a single dashboard. The system is designed to eliminate friction in cross-border payments while maintaining centralized control.
Alaan Intelligence automatically reads incoming invoices, extracts key details such as vendor information, VAT, due dates, and line items, and flags duplicates before payments are processed. This reduces operational errors and accelerates accounts payable workflows.
Built-In Approvals and Accounting Integration
The platform also integrates approval workflows and accounting systems directly into its core functionality. Bills are automatically routed to the appropriate approvers with full audit trails, ensuring transparency and governance.
Financial data syncs seamlessly with major accounting platforms such as Odoo, Zoho, Xero, and QuickBooks, reducing the need for manual reconciliation and improving financial accuracy across organizations.
Embedded Banking Powered by ruya
Through its partnership with ruya, Alaan is embedding Shariah-compliant banking capabilities directly into its platform. This Banking-as-a-Service infrastructure enables businesses to manage inbound and outbound payments within the same system they use for spend management and automation.
This integration represents a broader shift toward embedded finance in the UAE, allowing businesses to operate entirely within a unified digital financial ecosystem.
Market Expansion and Strategic Context
The launch comes at a time when the UAE’s business ecosystem is rapidly expanding, with hundreds of thousands of new companies entering the market and increasing demand for digital-first financial infrastructure.
Alaan, which has raised significant funding including a $48 million Series A, already serves thousands of finance teams across sectors such as real estate, aviation, logistics, and retail. Its platform is used by major enterprises including G42, Careem, Tabby, McDonald’s, and Al Barari.
Leadership Perspective on Financial Transformation
Parthi Duraisamy, Co-founder and CEO of Alaan, said: "For decades, UAE finance teams have dealt with manual processes for payments. With this launch, a supplier invoice that used to take hours to process now runs end to end in a few minutes. UAE companies deserve a platform that automates manual tasks and puts their growth first."
Christoph Koster, CEO of ruya, said: "This partnership speaks directly to one of ruya’s core pillars: supporting and empowering businesses with banking that is simple, ethical, and built around their needs. By working with Alaan, we are enabling UAE companies to access seamless, Shariah-compliant digital banking within the tools they already use every day."
About
With the launch of its AI-native business bank account, Alaan is extending its position from a spend management platform into a full financial operating system for businesses. By combining banking, payments, automation, and accounting in one AI-driven ecosystem, the company is aiming to reshape how UAE businesses manage and scale their financial operations.
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