Almowazi Capital
Almowazi Capital is a Kuwait-based, CMA-licensed online brokerage providing retail and institutional access to unlisted, delisted, and OTC equity securities via its mobile trading app, with complementary crowdfunding (iMowazi), private equity, and data services.
- Company typePrivate
- Founded2024
- HeadquartersKuwait, Kuwait
- Headcount11–50
- GTM typeB2B and B2C
- OfferingServices
What Almowazi Capital does
Almowazi Capital is a Kuwait-based financial services firm founded in 2024 by Muhannad Mohammed Al Sane and headquartered in Kuwait City, with a second location at Boursa Kuwait. It holds the first CMA (Capital Markets Authority of Kuwait) license to operate an online brokerage dedicated to unlisted, delisted, and over-the-counter (OTC) equity securities — a segment of the Kuwaiti capital market that previously lacked structured electronic access. The company addresses an addressable pool of more than 2,000 unlisted companies, of which approximately 140 are available for electronic trading, representing a combined market capitalization of roughly KD 2.8 billion.
The firm's product stack centers on the Almowazi Capital Trading App (branded FIXOT), a mobile-first execution platform for retail and institutional access to OTC and unlisted shares. This is complemented by a Brokerage Services line, Private Equity Services, a dedicated Data Services subsidiary ("Almowazi") for unlisted-securities data, and iMowazi, a CMA-approved equity crowdfunding platform launched in July 2025 that extends the company into primary issuance and retail private placements. A partnership with Wasata, signed in February 2025, broadens intermediation reach, and the firm has demonstrated institutional capability by facilitating the KD 35.7 million acquisition of Dar Al Shifa Hospital by Aayan Leasing.
Almowazi Capital's business model combines multiple revenue streams: brokerage commissions on OTC equity trades, success fees from facilitating large block transactions in unlisted equities, placement and listing fees through the iMowazi crowdfunding platform, private equity advisory fees, and (potentially) subscription revenue from its proprietary data services. The customer base spans individual retail traders using the mobile app, corporate issuers accessing capital markets via iMowazi, and institutional clients requiring intermediation for large unlisted block trades. The company remains Kuwait-only in geographic scope, with two physical locations and no disclosed funding rounds, headcount, or revenue figures.
Almowazi Capital firmographics
Firmographics- Name
- Almowazi Capital
- Legal name
- Almowazi Capital KSC (Closed)
- Website
- https://almowazicapital.com
- Company type
- Private
- Founded year
- 2024
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Almowazi Capital is a Kuwait-based, CMA-licensed online brokerage providing retail and institutional access to unlisted, delisted, and OTC equity securities via its mobile trading app, with complementary crowdfunding (iMowazi), private equity, and data services.
- Ownership category
- akta.pro rank
Almowazi Capital industry classification
Industry- Product category
- Securities Brokerage
- NAICS
- Securities and Commodity Contracts Intermediation and Brokerage (5231), Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523)
- SIC
- Security Brokers, Dealers & Flotation Companies (6211)
- akta.pro primary industry
- Capital Markets Advisory (IPO Readiness, SPAC, ECM/DCM Advisory) (BPAHAOAL)
Keywords
Where Almowazi Capital is headquartered
LocationHeadquarters
- HQ city
- Kuwait
- HQ country
- Kuwait
- HQ region
- Middle East
Offices2 records
Markets served
Almowazi Capital business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure
Revenue model
- Brokerage Commission: Commission-based revenue from facilitating buy and sell transactions on unlisted, delisted, and OTC company shares through the electronic trading platform.
- Digital Trading Services: Online trading solutions providing real-time market data, charting tools, and order execution services for traders accessing the OTC market through desktop or mobile devices.
- Crowdfunding Services: Platform fees from securities-based crowdfunding operations through iMowazi platform, connecting entrepreneurs with investors for project funding.
Go-to-market motion3 records
Distribution channels4 records
Marketing channels6 records
Almowazi Capital product offering
Product offeringCore offering
Almowazi Capital operates the first CMA-licensed online brokerage platform in Kuwait for trading shares of unlisted, delisted, and OTC companies, providing real-time electronic trading via mobile and desktop applications. The company also operates iMowazi, Kuwait's first registered securities-based crowdfunding platform, and offers brokerage, private equity facilitation, and proprietary market data services for the OTC market.
Product overview
Almowazi Capital is a brokerage firm offering a unified platform of financial services for unlisted, delisted, and OTC companies in Kuwait. The core offering consists of the Almowazi Capital Trading Application for real-time OTC trading, supplemented by iMowazi for securities-based crowdfunding. Additional services include brokerage, private equity facilitation, and data/information services. All services are licensed by the Capital Markets Authority (CMA) and operate through Boursa Kuwait's OTC platform infrastructure.
Differentiator
Problem solved
Functional benefit
Brands
- Almowazi: Data and information platform providing comprehensive data on unlisted, delisted and OTC companies including company profiles, historical trading information, news, and market analysis. Functions as the primary data vendor for the OTC market in Kuwait.
- iMowazi
Products and services
- Almowazi Capital Trading Application Digital OTC trading platform enabling real-time online trading of shares in unlisted, delisted, and OTC companies registered on Boursa Kuwait's platform, with live market data, order books, charting tools, and portfolio management. Available on iOS, Android, and desktop (AccuTrade).
- iMowazi Crowdfunding Platform Kuwait's first registered digital securities-based crowdfunding platform, approved by CMA, enabling companies to raise capital by issuing securities and offering investment opportunities to retail, professional, and qualified investors through electronic subscription.
- Brokerage Services Comprehensive brokerage services for traders, private investors, and institutional investors including dynamic trading platform, real-time market data, advanced charting tools, and personalized guidance for OTC market transactions.
- Private Equity Services Facilitation of private deals for unlisted companies, including direct negotiation support, connecting buyers and sellers, and assistance with majority/controlling stakes and minority shareholding transactions.
- Data and Information Services Market intelligence and company information through subsidiary Almowazi, providing detailed company profiles, historical trading information, company news, profit distribution announcements, and analysis on unlisted share market trends.
Quantifiable outcome
- Over 140 companies available for real-time electronic trading
- +2 more outcomes
Companies that use Almowazi Capital
Customer profileNamed customers2 records
Segments4 records
Ideal customer profiles3 records
Almowazi Capital technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration7 records
Feature3 records
Almowazi Capital partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered core and minor.
- Arab Investment Company (Arab Invest)coreStrategic partnership for iMowazi securities-based crowdfunding platform where Arab Investment Company serves as subscription agent. This collaboration enables companies to reach investors and secure funding through securities issuance under CMA Resolution No. 132 of 2025.
- Kuwait Financial Brokerage Company (Wasata)coreStrategic cooperation agreement signed on February 18, 2025, to enhance and facilitate digital trading of unlisted and delisted company shares through the OTC platform. The partnership leverages strengths of both organizations to deliver advanced technological services and streamline the trading process.
- Boursa KuwaitcoreOperational partnership where Almowazi Capital operates on Boursa Kuwait's OTC platform for trading unlisted, delisted, and OTC company shares. Almowazi is the data vendor for OTC market based on agreement with Boursa Kuwait.
- Kuwait Clearing CompanycoreSettlement and clearing partner for OTC transactions. Trading settlements are managed by Kuwait Clearing Company as part of the end-to-end electronic trading process.
- Capital Markets Authority (CMA) - KuwaitcoreRegulatory licensing authority that granted Almowazi Capital its broker license for unregistered securities. All trading operations are conducted under CMA supervision and regulatory framework.
- Kuwait Economic Society (KES)minorCSR partnership for initiatives in education, community development, and financial market development. Almowazi Capital engages with KES for corporate social responsibility programs aligned with New Kuwait 2035 vision.
Scale indicators6 records
Recent moves6 records
Expansion highlights5 records
Almowazi Capital competitors and assessment
Company assessmentBroad incumbents
- Kamco Invest: Kuwaiti investment bank and brokerage offering trading, asset management, and advisory services. Comparable in that it competes for the same pool of Kuwaiti institutional and retail brokerage clients.
- Markaz (Kuwait Financial Centre): Leading Kuwaiti investment bank with brokerage, asset management, and private equity services. Comparable as a Kuwait-licensed intermediary competing for private-deal mandates and brokerage commissions on regional securities.
- Al Ahli Bank of Kuwait - Brokerage: Bank-affiliated brokerage arm providing securities trading and investment services in Kuwait. Comparable as a Kuwait-licensed broker competing for trading commissions and market intelligence services, though broader in scope than OTC.
- NBK Capital: Investment banking and brokerage arm of National Bank of Kuwait, offering brokerage, asset management, and advisory services. Comparable as a Kuwait-based incumbent broker with far larger scale and institutional reach.
- Boursa Kuwait: Kuwait's national stock exchange operator that hosts the OTC platform on which Almowazi Capital operates. Boursa Kuwait is the broader incumbent providing market infrastructure, while Almowazi functions as the licensed brokerage layer on top of it.
- EFG Hermes: Leading MENA-focused investment bank and broker with regional brokerage and advisory capabilities. Comparable as a larger regional broker competing for GCC private-deal mandates and brokerage flow.
Regional players
- International Securities (Kuwait): Kuwaiti brokerage firm offering online trading and investment services. Comparable as a Kuwait-licensed broker competing for retail and institutional trading commissions in the same domestic market.
- Arzan Financial Group: Kuwait-based financial group with brokerage, investment, and advisory activities. Comparable as a Kuwait-headquartered broker and advisor participating in private and listed securities transactions in the Gulf.
- Mubasher: Regional financial platform providing market data, news, and trading tools across GCC and MENA markets. Comparable as a regional peer focused on financial-market data and digital trading enablement, though operating at broader geographic scale.
Direct peers
- Kuwait Financial Brokerage Company (Wasata): One of Kuwait's licensed brokerage firms and Almowazi Capital's strategic partner on the OTC platform. Wasata is the closest direct comparable as both firms broker Kuwaiti securities and collaborate on digital trading services for unlisted and delisted shares.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks7 records
Key highlights7 records
Customer concentration
Almowazi Capital social profiles
Digital presenceAlmowazi Capital compliance and trust
Trust signalCompliance2 records
Almowazi Capital financial estimates
Financial estimateRevenue estimate
Valuation estimate
Almowazi Capital leadership team
Management profileNumber of profiles
Profiles2 records
Almowazi Capital subsidiaries and ownership
Company hierarchySubsidiaries2 records
Almowazi Capital funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Almowazi Capital M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Almowazi Capital
What does Almowazi Capital do?
Almowazi Capital operates the first CMA-licensed online brokerage platform in Kuwait for trading shares of unlisted, delisted, and OTC companies, providing real-time electronic trading via mobile and desktop applications. The company also operates iMowazi, Kuwait's first registered securities-based crowdfunding platform, and offers brokerage, private equity facilitation, and proprietary market data services for the OTC market.
Is Almowazi Capital a public or private company?
Almowazi Capital is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Almowazi Capital founded?
Almowazi Capital was founded in 2024. It employs 11 to 50 people.
Where is Almowazi Capital based?
Almowazi Capital is headquartered in Kuwait, Kuwait, in the Middle East region.
How does Almowazi Capital make money?
Three revenue lines are on record. Brokerage Commission is the primary driver. The others are digital Trading Services and crowdfunding Services.
Who are Almowazi Capital's main competitors?
Broad incumbents on record are Kamco Invest, Markaz (Kuwait Financial Centre), Al Ahli Bank of Kuwait - Brokerage, NBK Capital, Boursa Kuwait and EFG Hermes. Regional players are International Securities (Kuwait), Arzan Financial Group and Mubasher. Kuwait Financial Brokerage Company (Wasata) is listed as a direct peer.
Does Almowazi Capital have an API?
No public API is recorded for Almowazi Capital.
What industry is Almowazi Capital in?
Almowazi Capital's product category is Securities Brokerage. Its primary akta.pro industry code is BPAHAOAL, Capital Markets Advisory (IPO Readiness, SPAC, ECM/DCM Advisory). Its NAICS code is 5231 and its SIC code is 6211.