Mozn
Enterprise AI from Riyadh, including FOCAL for AML, KYC and fraud prevention at financial institutions
Mozn is a Riyadh-based enterprise AI company whose flagship product, FOCAL, gives banks, fintechs and insurers a SaaS suite for anti-money-laundering transaction monitoring, KYC screening and fraud management, built on the company's Arabic natural-language understanding and risk models. It also sells decision-intelligence, knowledge-automation and governance solutions to public-sector and defense clients in Saudi Arabia and the UAE. Founded in 2017 by Mohammed Alhussein, Khalid Al-Ghonaim, Abdullah Alsaeed and Malik Alyousef, Mozn raised a $10 million Series A led by Raed Ventures in 2022, with Shorooq Partners, VentureSouq and Sukna Ventures participating.