Yazin A.
Founder/CEO @ Amal Invest (YC W22)
About
Founded Amal Invest (YC W22), the app that helps you earn more than traditional (non-halal) funds.
Bahrain
Manama
Internet
Six Sigma, Computer Architecture, JavaScript, VB.NET, Change Management, Problem Solving, Black Belt, Power Generation, Leadership, Programming, Start-ups, Engineering, Business Process Improvement, Business Process, Cross-functional Team Leadership, Entrepreneurship, Training, Team Building, SAP, Project Management
Experience

VP, Start
Dubai, AE
Direct P&L responsibility for the Payfort Start business unit, the payments solution for thousands of Small & Medium sized businesses across the Middle East. Responsibilities included: - Responsible for leading the White integration within Payfort. - Design the processes around the new solution, including payments collection, settlement and reconciliation. - Worked with cross functional teams (Risk, Marketing, Finance) to ensure consistent customer onboarding experience.

Founder & CEO
White Payments (acquired by Amazon Payments)
Dubai, UAE
White was built to make it easy to sell stuff. You'll be up and running in 5 minutes, and you pay nothing upfront. === In a region that's rife with Cash on Delivery (~80% of all online orders), why on Earth would you start an online payments company that solely accepts credit & debit cards? Let's start from the merchants perspective, for a change. Today, it's incredibly difficult to start accepting online payments. To give you an idea of what it entails, take a look at the steps involved to accept payments today: 1. Security deposit of $30,000+ (before you've processed a single $) 2. Trade License 3. Office Address (which means you need to pay rent for 12 months in advance). This is a requirement for the Trade License (see 2) 4. A merchant account (approvals typically take 6 - 8 weeks, and several meetings with an acquiring bank) Considering all these hurdles, it's shocking to me how we managed to process the $15B (total eCommerce volume across MENA this year) in the first place! White addresses that concern directly. The beauty of an online business is that you shouldn't need to pay a bank $30,000 to sell online.

Founder
Canvas.bh
Bahrain
Tried to take the lessons learned from the last failure (see Print.bh below), and flip 'em around. Lesson 1: Never compete on price. OK, find a premium product then .. and make sure it has nice, cushy margins. Check ✔ Lesson 2: Do one thing, and do it better than anyone else. One thing, got it. The result: Started Bahrain's first ever online art service, Canvas.bh. Reached break-even on Day 1 of the launch, and recovered the loss from Print.bh within the first month.

CEO
Bahrain
Print.bh (http://print.bh) ushers in the next generation of printing. At the heart of the startup is a secret formula that calculates exactly how much ink will be used before a single drop has hit the page. The business was a *miserable* failure, for 2 reasons: === 1. We were competing on price. Lesson: NEVER COMPETE ON PRICE. 2. We tried to do too much. It started off with posters, then expanded to documents, rollups and everything in between -- when we should never have been doing printing to begin with. Lesson: Do one thing, and do it better than anyone else.
Yazin A.'s Contact Information
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