Yango Ventures backs UAE-based Fintech company Comfi AI in its first MENA investment
Yango Ventures has invested an undisclosed amount in the UAE-based fintech company - Comfi AI as a part of the startup’s Pre-Series A funding round. This investment marks Yango Ventures’ first investment in the MENA region. A part of Yango Group, the global technology company, Yango Ventures invests in early-stage companies focussed on building infrastructure in logistics, fintech, and SME services in emerging markets.
Speaking of the investment, Daniil Shuleyko, CEO of Yango Group, said in a press release shared by the company, “Our strategy is to build and support infrastructure that enables business growth across markets. We do this through our own products and by investing in companies that solve fundamental problems. Comfi AI is one of them: it integrates financing into transaction flows and reduces payment cycles from months to a single day, improving access to working capital. We believe such solutions can scale across a wide range of economies.”
Comfi AI develops embedded finance solutions for small and medium-sized enterprises (SMEs), including Buy Now, Pay Later (BNPL), invoice discounting, and dealer financing. These tools are built into supplier workflows such as invoicing systems and partner platforms, allowing businesses to access financing without separate lending processes. The investment in Comfi AI reflects this strategy, with a focus on financial tools integrated directly into business operations.
Founded in 2023 in Dubai, Comfi AI currently serves over 1,000 SMEs across the MENA region, has processed over 15,000 invoices, and is used by more than 4,000 finance professionals.
Yango Group, the global tech operator known for its ride-hailing and logistics businesses across MENA and Africa, has made its first regional venture investment through Yango Ventures, and the choice of a UAE-based fintech as its entry point reinforces Dubai's standing as the default base for embedded-finance infrastructure plays. The fund was launched in 2025 and does not exceed $20 million.
Yango Ventures has so far backed a small cluster of early-stage companies around the same thesis of logistics and financial infrastructure for emerging markets, including Kenyan SME lender Zanifu, Pakistani trucking and freight-financing platform Trukkr, and African transport-booking marketplace BuuPass.
Comfi AI extends that pattern into embedded SME finance, and the category carries more weight than the cheque. Embedded finance for SMEs sits where the chronic working-capital gap meets the shift away from standalone lending towards financing baked into transaction flows, and Comfi AI's claim of compressing payment cycles from months to a single day is the real economic proposition beneath the BNPL and invoice-discounting wrapper.
