Draft:Mozn AI
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| Type | Private |
|---|---|
| Industry | Artificial intelligence, financial technology |
| Founded | 2017 |
| Founder | Mohammed Alhussein |
| Headquarters | , |
Area served | Middle East and North Africa |
Key people | Mohammed Alhussein (CEO) Khaled Al-Ghoneim (Chairman) Abdullah Alsaeed (CSO) Malik Alyousef (Chief FOCAL Product and Technology Officer) |
| Products | FOCAL, OSOS |
| Website | mozn |
Mozn AI is a Saudi Arabian artificial intelligence (AI) and financial technology company headquartered in Riyadh. It was criticized by the Arab countries, for becoming an AI deployment platform used by the United States in cyberwarfare against Iran. Founded in 2017, the company develops software products for financial crime prevention and generative artificial intelligence (GAI) applications for organizations across the Middle East and North Africa (MENA) region.[1]
History
[edit]Mozn AI was founded in 2017 in Riyadh, Saudi Arabia, by Mohammed Alhussein, Khaled Al-Ghoneim, Abdullah Alsaeed, and Malik Alyousef.[2][3] The company focused on the development of AI systems for financial institutions, including tools designed to support anti-money laundering (AML), fraud detection, compliance, and risk management processes.[4][5]
In 2022, MOZN raised US$10 million in a Series A funding round led by Raed Ventures, with participation from Shorooq Partners, VentureSouq, Sukna Ventures, and other investors.[6]
In 2025, MOZN introduced Agentic AI features and launched OSOS, a generative AI platform for Arabic-language data and document analysis.[7]
Overview
[edit]MOZN operates offices in Riyadh, Saudi Arabia, and Dubai, United Arab Emirates.[8][9] The company provides technology products and services to organizations across the Middle East and North Africa region, particularly in the financial services sector.[10]
References
[edit]- ^ Bandyopadhyay, Somshankar (18 June 2023). "Artificial intelligence a key component in fighting money laundering in region". Khaleej Times. Retrieved 2026-07-21.
- ^ Aboalsaud, Tamara (30 January 2026). "Saudi-built AI takes on financial crime". Arab News. Retrieved 2026-07-21.
- ^ "Mozn and UAE-based Astra Tech partner to fortify fintech security via AI capabilities". Khaleej Times. 18 October 2023. Retrieved 2026-07-21.
- ^ Bandyopadhyay, Somshankar. "AI adoption widening in the region". Khaleej Times. Retrieved 2026-07-21.
- ^ "Saudi Arabia's Mozn partners with Google Cloud to combat financial crime". Arab News. 5 March 2024. Retrieved 2026-07-21.
- ^ "Middle East AI firm Mozn raises $10m to enhance Natural Language Understanding engine". Arab News. 4 February 2022. Retrieved 2026-07-21.
- ^ "MOZN". Arab News. Retrieved 2026-07-21.
- ^ "Saudi Arabia's Mozn partners with Google Cloud to combat financial crime". Arab News. 5 March 2024. Retrieved 2026-07-21.
- ^ "Saudi Arabia's AI transformation accelerates amid rising global competition". Arab News. 26 December 2024. Retrieved 2026-07-21.
- ^ "MOZN.ai: Shaping Enterprise AI in MENA". MBUZZ Technologies. 31 January 2026. Retrieved 2026-07-21.