Qoyod is a comprehensive online accounting software for small and medium businesses.
Qoyod is built to help you manage your businesses with healthy accounting. It is a web-based accounting solution that targets KSA based-SMEs.
Qoyod was founded in 2016 by Abdullah AlDayel and is based in Riyadh, Ar Riyad, Saudi Arabia.
Qoyod allows its users to seamlessly issue invoices and manage expenses/budgets while automatically recording corresponding journal entries (i.e., Qoyod/قيود in Arabic). Users are also able to populate their financial statements and business reports for both commercial and statutory requirements within KSA.
Qoyod has raised seed funding from Kuwait’s Arzan VC in Jul 2018. The amount was not disclosed.