"Drahim" is a slang for money in Arabic (from the ancient Greek Drachma). The app integrates with banks and provides individuals meaningful spending insights and generates auto savings and investment advice.
Drahim 💰 is a Y Combinator company in the Summer 2022 batch. Its directory entry describes it as: WealthFront for Saudi & Middle East. The founders listed are Sultan Alkhayal (Founder), Yasser Alshurihi (Founder) (Y Combinator directory entry, May 28, 2022).
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New accelerator entry · 2022-05-28 · the record
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"Drahim" is a slang for money in Arabic (from the ancient Greek Drachma). The app integrates with banks and provides individuals meaningful spending insights and generates auto savings and investment advice. For the meaningful insights, the app integrates with banks and automatically categorizes all of your transactions (All of your accounts in one place) and spots spending patterns and behaviors. Drahim then suggests a saving and investing plan that allows the user to continue living comfortably and to keep spending guilt-free. Our focus is not necessarily to save you money, rather we grow your money discreetly. Drahim allows you to continue spending but feeling way better doing it.
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Example from a real report (our sample on Target): “Target eliminated approximately 1,800 corporate positions, with around 1,000 employees receiving layoff notices and the remainder accounted for by eliminating open roles.” Source: NBC News
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