Madinah Angels backs UK Islamic fintech Kestrl in fourth deal of its first year
What's the deal? Madinah AngelsDealroom has a profile for this one. Try Dealroom → has invested in KestrlDealroom has a profile for this one. Try Dealroom →, a UK fintech serving Muslim and values-led customers, as part of an early-stage funding round. Financial terms, including the investment size and valuation, were not disclosed.
What's the endgame? Kestrl builds ethical, faith-aligned, and digitally enabled financial services, helping Muslims and ethical consumers manage money in line with their beliefs.
Why now? The deal is Madinah Angels' fourth in its inaugural year, following investments in REG-1Dealroom has a profile for this one. Try Dealroom →, SyngentixDealroom has a profile for this one. Try Dealroom →, and UpScrolledDealroom has a profile for this one. Try Dealroom →. The syndicate focuses on technology opportunities at the intersection of artificial intelligence and key industries.
The signal: Madinah Angels says its bets reflect a focus on companies combining financial services expertise, technology depth, and relevance to underserved markets across the Global South. Kestrl's addition points to steady investor appetite for faith-aligned fintech serving those consumers.
Read more: Salaam Gateway
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