Seed Round · Confidential

The UAE's compliance
infrastructure layer

ETX is building the financial operating system every UAE business is legally required to use — VAT, corporate tax, and FTA-mandated e-invoicing in one platform.

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AED 2M
Seed target
20%
Equity offered
1.44M
180-day MRR target (AED)
500K+
UAE SMEs addressable

Compliance is mandatory.
Good software is not yet.

Every UAE business must file VAT. From January 2027, companies with AED 50M+ turnover must submit e-invoices via FTA-accredited ASPs. Phase 2 extends to all businesses by July 2027. ETX is one of the first platforms positioned to serve this mandatory market.

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Regulatory tailwind

FTA e-invoicing is mandatory from 2027. Every UAE business needs a compliant platform. ETX is building its e-invoicing integration under the UAE’s accredited ASP framework.

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Underserved market

The UAE SME software market is dominated by Zoho Books and QuickBooks — neither built for UAE compliance. ETX is the only UAE-native ERP with VAT, CT, and e-invoicing in one platform.

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Built by practitioners

Founded by a UAE-based accountant and developer. KWS Fintech Services is an active tax advisory firm — the product is built from real client pain, not theory.

Built, deployed,
and tested.

ETX is a working product — not a pitch deck. The platform is live, has internal test tenants, and is processing real client data for KWS advisory clients.

MilestoneStatus
Full ERP platform live at app.etx.aeLive
443+ API endpoints, 107 DB tablesLive
KWS clients migrated as test tenantsLive
Stripe billing (test mode)Ready
E-invoicing ASP integrationQ3 2026
TASR accreditation (FTA)In progress
Mobile app (iOS + Android)Internal testing
Partner program (Bronze/Silver)Live
MCP server for AI agentsLive

AED 2,000,000 seed round

Interested? Let us talk.

We are raising AED 2,000,000 for 20% equity. An NDA-protected full data room is available on request. Reply within 48 hours guaranteed.

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NDA provided on request. Financial projections, cap table, and full technical documentation available under NDA.

Vignesh Sakif · Founder & CEO · KWS Fintech Services LLC-FZ · Meydan Free Zone, Dubai · invest@etx.ae