JIMCO Technology Fund speaks to Faisal Toukan, CEO Ziina (EN VO Subs)
JIMCO Technology Fund caught-up with entrepreneur Faisal Toukan CEO & Co-Founder of Ziina, to hear how Ziina creating aΒ ...
CEO & Co-Founder, Ziina
Search every verified Faisal Toukan interview, podcast appearance, and on-the-record quote β each transcript cross-checked by AI and human review to confirm speaker identity. Faisal Toukan, CEO and co-founder of Ziina, said in a May 2025 interview with the JIMCO Technology Fund that the companyβs vision is to bring financial freedom to every person in the Middle East, serving both individuals managing daily finances and businesses seeking to scale. He described Ziina as a platform that connects users with card schemes like Visa and Mastercard, the Central Bank of the UAE, and partner banks through software designed to provide a "10x experience." Toukan noted that the region is well-suited for fintech due to a young, tech-savvy population and high mobile penetration, and he argued that investors should back Middle Eastern fintech players because a "perfect storm" is enabling financial freedom. Toukan stated that Ziina has seen exponential growth, with user base and annual volumes increasing nearly tenfold year over year for the past four years, and that the company is evolving from a payments provider into a full-service financial stack. He credited early investor JIMCO with showing high conviction from the start and described the partnership as combining Ziinaβs agility and technology with JIMCOβs legacy reputation. Toukan also emphasized that Ziina is licensed by the Central Bank of the UAE, a process he said involved prolonged regulatory work to gain trust, and that the company maintains quarterly reporting standards to prioritize customer safety before product innovations.
“From day one we always said that the vision is to bring financial freedom to every single person in the Middle East, whether you're an individual navigating day-to-day finances or a business starting and scaling with ambitions like any other startup in the world.”
“Ziina is the web that stitches us all together through top-tier coding and software to provide a 10x experience for the individual or business using the platform, working with Visa, Mastercard, the Central Bank of the UAE, and partner banks.”
“The region is ripe for financial technology to come in and replace the old ways of banking and interacting with finances, especially given the young, tech-savvy population and high mobile penetration.”
“It's important that investors back fintech players in the Middle East because a perfect storm is creating the opportunity for financial freedom to become a reality for every person in the region.”
JIMCO Technology Fund caught-up with entrepreneur Faisal Toukan CEO & Co-Founder of Ziina, to hear how Ziina creating aΒ ...
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