Bayaan
Compliance workflow automation for Gulf financial institutions.
What Bayaan does.
Bayaan automates the compliance checks that Gulf banks and financial institutions run on every customer, transaction and counterparty. The product replaces a manual review process — pulling data from registries, screening against sanctions lists, generating the audit trail — with a workflow engine that compliance officers configure once and the system runs continuously.
| Detail | Value |
|---|---|
| Stage | Seed |
| Category | B2B Fintech |
| Year | 2026 |
| Measured by | Financial institutions onboarded, compliance checks automated per month, annual recurring revenue in AED. |
The thesis behind Bayaan.
Gulf financial regulation is tightening, and the compliance teams at mid-size banks are drowning in manual checks. Bayaan's founders built compliance automation as a consulting project for two Dubai-based banks before productising it. The first four customers pay annual contracts in dirhams.
We invested because the product is already in production, the revenue is in hard currency, and the team sits in Islamabad where the engineering cost is a fraction of what a Dubai-based competitor would pay. The compliance domain is sticky — once a bank configures its rules in Bayaan, switching costs are high.
The people building it.
CEO is a former compliance officer at a Dubai bank who moved back to Pakistan. CTO spent eight years building financial infrastructure at a Karachi fintech. The team of six engineers is based in Islamabad.
- Website bayaan.co
- Stage Seed
- Category B2B Fintech
Building something similar?
If you are working in b2b fintech or a related space, we would like to hear about it.