Company:Mozn AI

From HandWiki
Mozn AI
TypePrivate
IndustryArtificial intelligence, financial technology
Founded2017
FounderMohammed Alhussein
Headquarters
Riyadh
,
Saudi Arabia
Area served
Middle East and North Africa
Key people
Mohammed Alhussein (CEO)
Khaled Al-Ghoneim (Chairman)
Abdullah Alsaeed (CSO)
Malik Alyousef (Chief FOCAL Product and Technology Officer)
ProductsFOCAL, OSOS
Websitemozn.ai

Mozn AI is a Saudi Arabian artificial intelligence (AI) and financial technology company headquartered in Riyadh. Founded in 2017, the company develops software products for financial crime prevention and generative artificial intelligence (GAI) applications for organizations across the Middle East and North Africa (MENA) region.[1]

History

Mozn AI was founded in 2017 in Riyadh, Saudi Arabia, by Mohammed Alhussein, Khaled Al-Ghoneim, Abdullah Alsaeed, and Malik Alyousef.[2][3] The company focused on the development of AI systems for financial institutions, including tools designed to support anti-money laundering (AML), fraud detection, compliance, and risk management processes.[4][5]

In 2022, MOZN raised US$10 million in a Series A funding round led by Raed Ventures, with participation from Shorooq Partners, VentureSouq, Sukna Ventures, and other investors.[6]

In 2025, MOZN introduced Agentic AI features and launched OSOS, a generative AI platform for Arabic-language data and document analysis.[7]

Overview

MOZN operates offices in Riyadh, Saudi Arabia, and Dubai, United Arab Emirates.[8][9] The company provides technology products and services to organizations across the Middle East and North Africa region, particularly in the financial services sector.[10]

References

  1. ↑ Bandyopadhyay, Somshankar (18 June 2023). "Artificial intelligence a key component in fighting money laundering in region". Khaleej Times. https://www.khaleejtimes.com/business/artificial-intelligence-a-key-component-in-fighting-money-laundering-in-region. 
  2. ↑ Aboalsaud, Tamara (30 January 2026). "Saudi-built AI takes on financial crime". Arab News. https://www.arabnews.com/node/2631121/business-economy. 
  3. ↑ "Mozn and UAE-based Astra Tech partner to fortify fintech security via AI capabilities". Khaleej Times. 18 October 2023. https://www.khaleejtimes.com/business/mozn-and-uae-based-astra-tech-partner-to-fortify-fintech-security-via-ai-capabilities. 
  4. ↑ Bandyopadhyay, Somshankar. "AI adoption widening in the region". Khaleej Times. https://www.khaleejtimes.com/business/tech/ai-adoption-widening-in-the-region. 
  5. ↑ "Saudi Arabia’s Mozn partners with Google Cloud to combat financial crime". Arab News. 5 March 2024. https://www.arabnews.com/node/2471571/business-economy. 
  6. ↑ "Middle East AI firm Mozn raises $10m to enhance Natural Language Understanding engine". Arab News. 4 February 2022. https://www.arabnews.com/node/2018191/business-economy. 
  7. ↑ "MOZN". https://www.arabnews.com/tags/mozn. 
  8. ↑ "Saudi Arabia’s Mozn partners with Google Cloud to combat financial crime". Arab News. 5 March 2024. https://www.arabnews.com/node/2471571/business-economy. 
  9. ↑ "Saudi Arabia’s AI transformation accelerates amid rising global competition". Arab News. 26 December 2024. https://www.arabnews.com/node/2584395. 
  10. ↑ "MOZN.ai: Shaping Enterprise AI in MENA". 31 January 2026. https://www.mbuzztech.com/publications/blog/mozn-ai-shaping-enterprise-ai-in-mena/. 




Retrieved from "https://handwiki.org/wiki/index.php?title=Company:Mozn_AI&oldid=4617147"