# UAE Exchange

> UAE Exchange is a VC fund in Abu Dhabi backing FinTech and Banking. See 3 investments, check sizes, portfolio and contact details. Updated Sep 2026.

- Type: VC Fund
- Location: Abu Dhabi, United Arab Emirates
- Total investments: 3
- Last investment: Oct 2017
- Lead investor: 33%
- Last updated: Sep 2026
- LinkedIn: https://www.linkedin.com/company/uae-exchange
- Website: http://www.uaeexchange.com
- Facebook: https://www.facebook.com/UAEExchangeIndia

UAE Exchange is a VC fund in Abu Dhabi focused on FinTech and Banking. UAE Exchange is the leading global remittance, foreign exchange and payment solutions brand.

## Contacts

5 contacts available for UAE Exchange. Shizune tracks 7 team members at UAE Exchange. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/uae-exchange?utm_source=investor_profile

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| FinTech | 2 | 67% |
| Banking | 1 | 33% |
| Finance | 1 | 33% |
| Gift Card | 1 | 33% |
| Blockchain | 1 | 33% |

11 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Series A | 2 | 67% |
| Series B | 1 | 33% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| United Arab Emirates | 2 | 67% |
| United States | 1 | 33% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Bavaguthu Raghuram Shetty | Founder & Chairman | 0 | https://shizune.co/investors/profile/bavaguthu-raghuram-shetty |
| Pradeep Kumar | Deputy Chief Executive Officer & Chief Financial Officer | 0 | https://shizune.co/investors/profile/pradeep-kumar |
| Rahul Pai | Chief Operating Officer | 0 | https://shizune.co/investors/profile/rahul-pai |
| Rajesh Prabhurajan | Senior Vice-President, Treasury | 0 | https://shizune.co/investors/profile/rajesh-prabhurajan |
| Santhosh K J | Chief Compliance Officer | 0 | https://shizune.co/investors/profile/santhosh-k-j |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Souqalmal | Souqalmal.com is the leading financial comparison site in the Middle East with operations in Saudi Arabia, Bahrain and the UAE. The company has empowers customers to make decisions on their best deal on credit cards, mortgages, personal loans and insurance products. The company has raised 3 rounds of fundraise and over USD 12M to date.Shareholders include major comparison site GoCompare from the UK, Hummingbird Ventures, Riyadh Taqnia Fund, 500 Start up amongst others. Multiple awards from the Best Online Business of the Year by Gulf Capital to The UAE start up of the Year by Forbes, the company has thrived and grown its insurance business 7X in 3 years. | $10M | Series B | Oct 03, 2017 | http://www.souqalmal.com |
| Swych | Swych is a mobile gifting platform. |  | Series A | Sep 14, 2017 | http://goswych.com/ |
| Loyyal | Loyyal leverages blockchain and smart contract technology to provide loyalty and rewards network infrastructure solutions. It introduces interoperability to the currently fragmented industry, multi-branded coalitions, superior program liability management and dynamic issuance/redemption options customized for each unique relationship. | $1.2M | Series A | Jun 12, 2017 | http://www.loyyal.com |

3 of 3 investments shown.

## Co-investors
- [Endeavor Catalyst](https://shizune.co/investors/profile/endeavor-catalyst) — VC Fund, 2 deals together
- [Shorooq Partners](https://shizune.co/investors/profile/shorooq-partners) — VC Fund, 2 deals together
- [Bossa Invest](https://shizune.co/investors/profile/bossanova-investimentos) — VC Fund, 1 deal together
- [Day One Investment](https://shizune.co/investors/profile/day-one-investment) — VC Fund, 1 deal together
- Gocompare.com — VC Fund, 1 deal together
- [Hayaat Group](https://shizune.co/investors/profile/hayaat-group) — VC Fund, 1 deal together

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### Similar country
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## Featured in investor lists
- [Enterprise Software VC Funds in United Arab Emirates](https://shizune.co/investors/enterprise-software-vc-funds-united-arab-emirates)

## FAQ

### What does UAE Exchange invest in?

UAE Exchange invests primarily in FinTech, Banking and Finance startups, most often at Series A and Series B stage. Most of the 3 investments tracked by Shizune back companies in United Arab Emirates. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### How do I contact UAE Exchange?

Public channels for UAE Exchange include LinkedIn, the website linked on this profile and Facebook. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at UAE Exchange?

The team at UAE Exchange includes Bavaguthu Raghuram Shetty (Founder & Chairman), Pradeep Kumar (Deputy Chief Executive Officer & Chief Financial Officer) and Rahul Pai (Chief Operating Officer), among 7 team members tracked by Shizune. The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Sep 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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