From Syria, Msrofi Mint for the Arab World

27 Jul, 2010

There is no doubt that it would be useful to track down your personal daily expenditure along with your income, as it will help you manage your income and expenditure in a better way.

This is what Syrian based startup creative web group‘s Msrofi offers to the Arabic user, you enter your expenditure under a certain category say: mobile credit at the end you see a graph of your expenditure inline with your income.

Unlike US based Mint which pulls your financial data (bank, credit card, mortgage, loan and investment transactions from over thousands US financial institutions) daily and automatically, on Msrofi you have to enter it manually.

It would be very difficult of Msrofi ( which means my expediter in Arabic) to offer such service in the Arab world as Mint, since the financial system in the Arab world is not fully online and we do not know if for example banks offers APIs for third parties to use. But its worth the effort for creative web group to peruse.

Mint was acquired by Intuit for $170M USD. the startup which was founded by Aaron Patzer received investments of 31 Million USD.

Creative web group is founded by Syrian entrepreneur Mohammad Zaher Ghaibeh and Hala Deeb.

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