MidLyr, a US-based AI infrastructure platform for the financial sector, has successfully raised USD 2.5 million in pre-seed funding. The round was led by Silicon Badia, with participation from Wedbush Ventures, Hustle Fund, DCG, and Story Ventures.
Founded in 2025 by Egyptian-born Wael Elsahhar and Ruochen Ren, MidLyr is on a mission to redefine how financial institutions handle risk, compliance, and operations through artificial intelligence. The company’s platform enables banks to translate complex regulatory texts and policies into automated, AI-driven workflows that connect directly to their internal data systems — powering risk analysis, compliance reviews, and operational problem-solving within structured and secure frameworks.
“Their approach combines technical depth with a deep understanding of financial operations, and that’s what it takes to build enduring infrastructure in this space,” said Namek Zu’bi, Founder & Managing Partner at Silicon Badia.
With the new investment, MidLyr plans to accelerate product development, deepen partnerships with design-partner banks and fintechs, and expand hiring across engineering, data science, design, and compliance product roles.
“We are excited about building a team across the US and the Middle East. We are betting on the depth of talent in engineering and data science in the region as a core long-term differentiator,” said Wael Elsahhar, CEO and Co-Founder of MidLyr.
MidLyr’s vision is to create a new generation of bank-grade automation — intelligent, compliant, and trustworthy — that empowers financial teams to serve customers better and reduce risk in an ever-evolving regulatory landscape.
