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Skrooge

Category: AI in Fintech

An AI-driven accounting and tax automation platform specifically engineered for SMEs in the UAE to streamline financial operations and ensure compliance with regional tax regulations. Skrooge was founded in 2025. The company is led by Kirill Blokhnin and Anatolii Solomanin. Based in Dubai, UAE. Team size: 11-50. Latest round: Seed.

Founded
2025
Headquarters
Dubai, UAE
Team size
11-50

Value proposition

Reduces accounting overhead by up to 80% through automated data entry and reconciliation, while ensuring 100% compliance with the UAE's new Corporate Tax and VAT laws.

Products and solutions

AI-Powered Bookkeeping Engine, Automated VAT & Corporate Tax Filing Module, Intelligent Document Processing (OCR for receipts/invoices), Real-time Financial Insights Dashboard, Automated Bank Reconciliation

Unique value

Deep localization for the MENA region, specifically tailored to the UAE's 2023 Corporate Tax mandate, combining AI automation with regional regulatory expertise.

Target customer

Small and medium-sized enterprises (SMEs), startups, and accounting firms operating in the United Arab Emirates.

Industries served

Fintech, Professional Services, E-commerce & Retail, Technology Startups, General SME Sector

Technology advantage

Proprietary AI models for transaction categorization and document extraction that handle bilingual (Arabic/English) financial data; led by a founding team with hyper-growth experience from Careem and McKinsey.

How they differentiate

Skrooge differentiates through an AI-native approach that automates up to 80% of manual bookkeeping tasks, specifically localized for the UAE's 2023 Corporate Tax mandate. Unlike traditional ledgers, it offers bilingual (Arabic/English) document processing and deep integration with regional banking and regulatory frameworks.

Main competitors

Wafeq, Flow, Pemo, Xero

Notable customers

UAE-based SMEs, Regional Tech Startups, Accounting Firms

Major milestones

Launched specialized AI tools for UAE Corporate Tax compliance, Onboarded 150+ active business clients

Growth metrics

Reached $300K Annual Recurring Revenue (ARR) and secured over 150 clients within its first year of operation.

Market positioning

AI-first fintech challenger targeting the SME and startup segment in the MENA region.

Geographic focus

United Arab Emirates (Primary), with expansion plans for the broader GCC/MENA region.

Patents and IP

No registered patents disclosed as of latest update.

About Kirill Blokhnin and Anatolii Solomanin

Kirill Blokhnin is Co-Founder and Co-CEO of UAE-based AI accounting and tax startup skrooge.ai, with a background in growth equity investing and retail turnaround operations across emerging markets

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