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Rabii Malik
Co-founder at Remo (YC S24)
Rabii Malik is the CEO and Co-Founder of Remo, an AI-enabled compliance startup that is part of Y Combinator's Summer 2024 batch (YC S24). He has a strong educational background with a Bachelor of Arts in Philosophy, Politics, and Economics from the University of Oxford. Before founding Remo, Rabii gained valuable experience at McKinsey & Company as a Business Analyst and later led international expansion at Telda, a neobank in the Middle East.13
Professional Background
- Current Role: CEO & Co-Founder at Remo (July 2024 - Present)
- Previous Experience:
- International Expansion Lead at Telda (December 2021 - June 2024)
- Business Analyst at McKinsey & Company (January 2021 - December 2021)
Skills and Expertise
Rabii is proficient in English, French, and Urdu, showcasing his diverse linguistic capabilities. His work at Remo focuses on leveraging AI to streamline compliance processes for financial institutions, addressing challenges such as high costs and inefficiencies associated with manual workflows in onboarding and compliance teams.13
Entrepreneurial Journey
At just 25 years old, Rabii has already made significant strides in the startup ecosystem. He has successfully raised millions in funding from prominent investors and scaled Remo to generate substantial revenue within months of its launch. His entrepreneurial aspirations were influenced by his early experiences at university and his desire to innovate within the financial compliance sector.24
Rabii's journey exemplifies the potential for young entrepreneurs to make impactful contributions to their industries, particularly in technology-driven solutions for traditional sectors like finance.
Highlights
After an incredible two and a half years at Telda, I am super excited to share that Hashim Rehman and I are starting Remo (YC S24) as part of the Y Combinator Summer 2024 batch. 🚀
At Remo, our mission is to revolutionise the way money is sent across borders. 🌍
We’re starting by building a consumer platform that allows you to send money with just a WhatsApp message! We're also working with partners in the Web3 space to provide faster transactions and better rates. 💬
We're committed to offering a competitive and reliable solution to empower migrant workers in the Middle East and address the unique challenges they face in sending money home. 🏠
If you’re in the cross-border payments space in the region, we’d love to chat. And if you’re in San Francisco this summer please reach out!
