/Companies

Nqoodlet

500 Global

Founded 2021 · 40 employees on LinkedIn · 8 known investors

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Nqoodlet is a Saudi Arabian fintech company providing expense management software and corporate cards for small and medium-sized businesses. Employees make purchases and submit receipts through the platform, while finance staff can view transactions in real time from a single system.

Founders & leadership

Nqoodlet was founded in 2021 by Mohamed Milyani.

MM
Mohamed Milyani

Investors · 8

Also in the syndicate · 5

500 Sanabil InvestmentOmantelOQAL Angel Investors NetworkSEED HoldingWaad Investmentslead

Funding

SEC filings, press & company announcements

$6M disclosed across 2 of 3 rounds · 2021–2025

  • $3MraisedMay 2025 · 2 sources
    Source ↗
  • $3MSeed roundMay 2025 · 3 sources

    Waad Investment (lead), Waad Investments (lead), 500 Sanabil Investment, Omantel, Oqal, OQAL Angel Investors Network, SEED Holding

    Source ↗
  • Undisclosed amountpre –seedDec 2021
    Source ↗

Source: company announcements and press reports — follow each round's link for the claim.

In the news

Frequently asked questions

What does Nqoodlet do?
Nqoodlet is a Saudi Arabian fintech company providing expense management software and corporate cards for small and medium-sized businesses. Employees make purchases and submit receipts through the platform, while finance staff can view transactions in real time from a single system.
Who founded Nqoodlet?
Nqoodlet was founded by Mohamed Milyani in 2021.
Who are Nqoodlet's investors?
Nqoodlet's investors include 500 Global, Waad Investment, Oqal.
How much funding has Nqoodlet raised?
Nqoodlet has disclosed $6M raised across 2 of its 3 known rounds.