sme-accounting
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Mazeed Wants to Be the Finance Department in Every Small Business Owner's Pocket
The Dubai fintech is betting that Gulf businesses do not want another blank accounting dashboard. They want software that knows the rules - and a human expert when the rules get complicated.
Qoyod - قيود
Qoyod is a Riyadh-based cloud accounting and e-invoicing platform built for the Saudi market. Founded in 2016 by Abdullah AlDayel, it lets small and medium businesses issue invoices, track expenses, manage inventory and stay compliant with ZATCA (Fatoora) e-invoicing rules - without needing formal accounting expertise. It bundles accounting, point-of-sale and tax compliance into one Arabic-first, locally hosted system now used by tens of thousands of Saudi businesses.
Wafeq وافِق
Wafeq is a cloud accounting and e-invoicing platform built for small and medium businesses across Saudi Arabia and the UAE. Founded in 2019 by Nadim Alameddine, it gives SMEs and accounting firms ZATCA- and FTA-compliant invoicing, VAT and corporate tax reporting, payroll, inventory, and 40+ financial reports in one Arabic-and-English interface. The platform processes roughly 2 million invoices worth about $400 million every month and serves more than 10,000 customers, with the vast majority of activity in Saudi Arabia.