The announcement, a major step in the company’s vision to build the financial operating system for every modern business in the region, comes a month after the fintech pledged Dh3 million to support UAE businesses with utility and communication bill payments.
Alan, The UAE’s leading spend management platform has launched a business bank account with built-in intelligence powered by ruya. With this launch, Alaan becomes the first fintech company in the region to integrate corporate cards, domestic and cross-border supplier payments, invoice automation, and accounting into a single AI-native platform.
The announcement, a major step in the company’s vision to build the financial operating system for every modern business in the region, comes a month after the fintech pledged Dh3 million to support UAE businesses with utility and communication bill payments.
Powered by ruya’s Banking-as-a-Service infrastructure, the account gives UAE businesses access to seamless Sharia-compliant digital banking capabilities built directly into Alaan’s spend management platform.
Differences in account behavior
- You can use SuperPay for all types of payments. Pay suppliers in Dubai or contractors in London from the same dashboard. Remittances within the UAE and cross-border payments to over 40 countries. There are no transfer fees for cross-border payments.
- One-time capture, no re-keying required. Alaan Intelligence reads your invoice the moment it arrives via email or upload. Vendors, VAT, due dates, and line items are automatically extracted and duplicate invoices are flagged before they are paid twice.
- Approvals and accounting are built-in. Invoices are automatically routed to the appropriate approver with a complete audit trail. Payments are synced directly with Odoo, Zoho, Xero, QuickBooks, and all major accounting platforms.
- Also inbound payments. Businesses can receive customer payments in the same account that runs outbound workflows.
- Unlimited number of users. Unlimited cashback. All team members can use the same account and receive unlimited cashback domestically and internationally for every AED spent on your corporate card.
- Digital banking powered by ruya. Through ruya’s Banking-as-a-Service infrastructure, businesses can access Sharia-compliant account services, inbound and outbound payments, and banking functionality directly within Alaan’s platform, creating a seamless and hassle-free financial experience.
“For decades, finance teams in the UAE have been grappling with manual processes for payments. With this release, supplier invoices that previously took hours to process can now be executed end-to-end in minutes. Businesses in the UAE deserve a platform that automates manual tasks and puts growth first.”
– Parthi Duraisamy, Co-founder and CEO of Alaan
The launch comes as business banking in the UAE undergoes its biggest change in a generation. In 2025 alone, 250,000 new companies were added, bringing the total number of companies in the Middle East to over 1.4 million, many of which migrated from traditional banks to AI-first platforms.
Since its founding in 2022, Alaan has become one of the strongest fintech companies in the region, recently completing a $48 million Series A led by Peak XV Partners. The company is trusted by over 3,000 finance teams at organizations such as G42, Careem, Tabby, McDonald’s, and Al Barari.
“This partnership speaks directly to one of ruya’s core pillars: supporting and empowering businesses with simple, ethical and needs-based banking.By working with Alaan, we are confident that businesses in the UAE will This is a powerful example of how embedded finance can remove friction and free up efficiency so businesses can focus on growth.”
– ruya CEO Christoph Koster
