About this raise

Musaffa is raising funds on DealMaker Securities. The company has developed an exclusive platform to give access to halal investments globally. Musaffa is an Islamic fintech platform and is used by more than 498,000 users from 195 countries. The business has partnered with ten B2B partners to establish a global halal investment environment and has been featured in The Halal Times, Islam Chanel, and Islamic Finance News. Dilshod Jumaniyazov, Akram Jagirdar, and Rashid Turaev founded Musaffa in April 2022. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $4.01 million. The campaign proceeds will be used for operations, product and software development, business development, sales and marketing, licensing, compliance, and key strategic hires.

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Investment Overview

Committed this round: $157,500

Deal Terms

Total Commitments ($USD)

Platform
DealMaker Securities
Start Date
02/03/2025
Close Date
05/11/2025
Min. Goal
$10,000
Max Goal
$4,012,910
Min. Investment

$1,000

Security Type

Equity - Common

Series

Series B

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$2.00

Pre-Money Valuation

$76,851,736

Company & Team

Company

Year Founded
2022
Industry
Financial & Insurance Products & Services
Tech Sector
Fintech
Distribution Model
B2C
Margin
Medium
Capital Intensity
Low
Location
Dover, Delaware
Business Type
High Growth
Company Website
Visit Website

Team

Employees
29
Prior Founder Exits?
No
Founder Name
Dilshod Jumaniyazov
Title
CEO
Founder Name
Akram Jagirdar
Title
COO
Founder Name
Rashid Turaev
Title
CTO

Financials

as of January 20, 2025
 Revenue
$24,000
 Monthly Burn
$197,370
 Runway
2 months

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$24,000

$21,395

COGS

$142,853

$88,337

Tax

$0

$0

 

 

Net Income

$-889,307

$-291,932

Summary Balance Sheet

FY 2023 FY 2022

Cash

$870,555

$83,095

Accounts Receivable

$1,332

$2,109

Total Assets

$1,170,093

$237,779

Short-Term Debt

$333,151

$35,693

Long-Term Debt

$0

$35,225

Total Liabilities

$333,151

$70,918

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$4,279,522
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
05/11/2025 DealMaker Securities $76,851,736 $157,500 Equity - Common Active RegCF
03/18/2025 DealMaker Securities $33,920,634 $829,754 Equity - Common Active RegCF
02/16/2024 Wefunder $29,425,484 $150,719 Equity - Common Funded RegCF
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Growth Charts

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Valuation History

Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Employee History

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Add to portfolio
Musaffa on DealMaker Securities 2025
Platform: DealMaker Securities
Security Type: Equity - Common
Valuation: $76,851,736
Price per Share: $2.00

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