- MidLyr Announces $2.5 Million Pre-Seed Funding Round to Redefine Banking Operations and Automate Complex Workflows
- The Funding Round Was Led by Silicon Badia, with Participation from Global Funds Including Wedbush Ventures, Hustle Fund, DCG, and Story Ventures.
MidLyr, a technology infrastructure company leveraging artificial intelligence to serve banks and fintech institutions, has announced the closure of a $2.5 million Pre-Seed funding round led by Silicon Badia, with participation from global investors including Wedbush Ventures, Hustle Fund, DCG, and Story Ventures.
The investment aims to reshape the way banks and financial institutions operate by automating complex workflows and directly integrating AI systems with regulations, policies, and operational data.
MidLyr is building AI-driven banking infrastructure that enhances operational decision-making with greater safety and efficiency — reducing risks while improving both customer experience and engagement across financial institutions.
Through its platform, MidLyr seeks to transform traditional banking environments into intelligent, compliant ecosystems that enable employees to automate daily operations, troubleshoot issues, and review marketing campaigns — all within complete regulatory compliance, ultimately improving service quality and customer satisfaction.
Wael Al Sahhar, Co-founder and CEO of MidLyr, noted that despite banks spending between 60% and 70% of their revenues to maintain daily operations, there are still no intelligent tools designed specifically for operational teams in the banking and financial sectors.
He added that MidLyr’s solutions address this gap with simpler, smarter, and more efficient systems.
Al-Sahhar also revealed that the company plans to expand into the United States and the Middle East, highlighting the region’s strong base of engineering and data analytics talent as a long-term competitive advantage.
Commenting on the investment, Namk Al-Zoubi, Founder and Managing Partner at Silicon Badia, whose portfolio includes companies such as Novo and Petal, said:
“What MidLyr is doing is not just introducing AI to the banking sector — it’s re-engineering how banks operate from the ground up.
The founding team combines deep technical expertise with a profound understanding of financial operations, which is exactly what the industry needs to build a sustainable, future-ready infrastructure.”
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