Maalexi
Overview
Maalexi is a dynamic B2B fintech platform, established in 2021 by Dr. Azam Pasha and Rohit Majhi. Based in Wilmington, Delaware, with significant operations in the UAE, Maalexi focuses on enhancing the efficiency of cross-border food and agricultural trade. It aims to bolster small to medium enterprises (SMEs) by leveraging advanced technologies like AI, IoT, and blockchain. The company has successfully raised over $30 million in funding, including a recent $20 million Sharia-compliant credit facility from Amwal Capital Partners, underscoring its critical role in strengthening regional food security.
Recent Developments
- August 2025: Maalexi secured a $20 million Sharia-compliant credit facility from Amwal Capital Partners, designed to support and scale SMEs across the UAE and GCC. The first tranche of $5 million aims to accelerate operations in food supply chains with a focus on AI-driven risk management and blockchain-secured transactions.
- January 2025: Secured a $3 million debt facility from Citi, aiming to enhance direct sourcing operations and strengthen the technology infrastructure of Maalexi to support cross-border agricultural trades.
- 2024 Achievements:
- Collaborated with Etihad Credit Insurance to provide risk mitigation for SME buyers, enhancing trust in international trade.
- Signed partnerships with DP World to leverage temperature-controlled storages at Jebel Ali Port, which improves the speed and reliability of product delivery.
- Announced multiple strategic investments including a $3 million pre-series A funding round led by Global Ventures.
- Technology Enhancements: Implemented digital listing and warehousing solutions for SMEs to manage inventories efficiently, ensuring swift execution of trades via blockchain technology.
- Strategic Focus: With the GCC's high dependence on food imports, Maalexi positions itself as a pivotal player in diversifying supply channels and ensuring quality and compliance in food trade operations.
Company Information
| Attribute | Information |
|---|---|
| Founding Date | 2021 |
| Headquarters | Wilmington, DE, USA; Dubai, UAE |
| Founders | Dr. Azam Pasha, Rohit Majhi |
| Revenue | Undisclosed |
| Profits | Undisclosed |
| Key Investors | Amwal Capital Partners, Citi, Global Ventures, Rockstart, Ankurit Capital |
| Industry | Financial Technology in Agriculture |
| Number of Employees | 30 |
Early History
Maalexi was founded with the mission to address inefficiencies in the cross-border trade of agricultural products. Recognizing the existing barriers faced by SMEs in accessing international markets, its founders Azam Pasha and Rohit Majhi leveraged their backgrounds in international trade and supply chain finance to create a platform that streamlines transactions while reducing trade-related risks. The initial growth phase was forged with seed funding and strategic partnerships, focusing on digitalizing trade processes and providing a secure marketplace for verified agri-business participants.
Company Profile and Achievements
Maalexi's business model revolves around deploying intelligent, technology-enabled platforms that facilitate risk management, compliance monitoring, and transaction security for SMEs in global agricultural trade. Key achievements include:
- Development and deployment of a blockchain-secured risk management system, integrating AI to evaluate credit, quality, and performance risks.
- High growth trajectory marked by a 60% cumulative monthly growth rate in 2023, reflecting robust demand for tech-enabled solutions in agricultural trade.
- Notable collaborations with logistics giants like DP World and innovative financing models have bolstered operational efficiencies for Maalexi and its users.
- Its platform manages end-to-end trade execution from deal origination to logistical completion, embedding transparency and security into each transaction.
Current Operations and Market Position
Currently, Maalexi operates as a key player in the MENA region's agri-fintech landscape, specifically focusing on improving food security by enhancing the trade capabilities of SMEs. Its competitive advantages include advanced data-driven insights, secure blockchain transactions, and strategic alliances that facilitate agile market operations. With an increasing emphasis on direct sourcing from origin markets, Maalexi is poised to grow its market footprint and enhance the resilience of food supply chains in the GCC.
Conclusion
Maalexi represents a significant shift in the agri-tech and fintech sectors by optimizing cross-border trade for agriculture SMEs. Focusing on data and blockchain-driven transparency, the company has introduced innovative solutions that resolve long-standing trade barriers. The continued support from major investors and strategic partners ensures Maalexi's ongoing role in bolstering food security. Looking forward, the platform is set to expand its geographical reach while enhancing its technology solutions to sustain and grow its impact in global food supply chains.