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
Official website: https://skrooge.ai