Malaa makes money in the following scenarios:
Fixed management fees The assets invested on an annual basis when you register with the Robo-advisor service
Fees that we deduct from the bank or financing company when you apply for financing through Mala’a, where we provide financing partners with credit reports based on your financial behavior (similar to other credit reports), and it is a corporate service in which we serve Mala’a customers to obtain financing at reasonable costs
The following is FREE:
Connecting multiple bank accounts, tracking expenses, and budgeting is free; connecting as many bank accounts as you'd like with detailed reporting and all the other expense management features.
Wiring to your investment account: we have built a complex omnibus setup so you can fund your investment account with local wiring fees (instead of paying 25$ USD for international fees) so you can automate your investment on weekly or monthly investments without worrying about fees. Malaa covers the international wire costs.
Lending: we do not charge any fees for getting a loan or a micro-loan. Apply for a loan and manage your payment plans for free. We take our fees on success issuance from our partners to not add any additional fees on your credit product.
We have built our revenue models to align Malaa's interest with your own.