Saudi open banking infrastructure startup Spare, founded by Dalal Alrayes and Sourabh Shah, has raised US$ 5 m ..Read More

Saudi open banking infrastructure startup Spare, founded by Dalal Alrayes and Sourabh Shah, has raised US$ 5 million in a pre-Series A round led by anb Seed Fund (with participation from Vision Ventures, SEEDRA, 500 Global etc.) to expand its API-based open banking platform and deepen regional bank integrations across the GCC.
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• Fintech

Saudi fintech LDUN, founded by Firas Alhamdan and Faisal Bin Dukhail, has secured US$ 4.8 million in a seed ro ..Read More

Saudi fintech LDUN, founded by Firas Alhamdan and Faisal Bin Dukhail, has secured US$ 4.8 million in a seed round led by Sadu Capital (with Suhail Ventures and Nomu Angel Investment) to scale its tech-driven factoring platform for MSMEs, improving supplier cash flow and trade credit across Saudi Arabia.
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• Fintech

Saudi startup Oumla, founded by Mohammed Aljasser and Salah AlSalman, has raised US$ 2.4 million in a seed rou ..Read More

Saudi startup Oumla, founded by Mohammed Aljasser and Salah AlSalman, has raised US$ 2.4 million in a seed round led by Core Vision (with Avalanche and angel investors) to build digital asset custody, tokenisation, and blockchain connectivity infrastructure for institutions across Saudi Arabia and the wider MENA region.
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• Blockchain

Saudi fintech Wadaie has closed a seed funding round led by VentureSouq—with backing from Graphene Ventures, ..Read More

Saudi fintech Wadaie has closed a seed funding round led by VentureSouq—with backing from Graphene Ventures, RZM Investments, Arab National Bank, and Alinma Bank—to build its Shariah-compliant deposit aggregation and liquidity optimization platform.
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• Fintech

Saudi BNPL unicorn Tamara has secured an asset-backed financing facility of up to US$ 2.4 billion—led by Gol ..Read More

Saudi BNPL unicorn Tamara has secured an asset-backed financing facility of up to US$ 2.4 billion—led by Goldman Sachs with participation from Citi and Apollo—to expand its credit and payment offerings across the region.
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• Fintech

Saudi fintech HALA has raised a landmark US$ 157 million Series B round led by TPG’s Rise Fund and Sanabil I ..Read More

Saudi fintech HALA has raised a landmark US$ 157 million Series B round led by TPG’s Rise Fund and Sanabil Investments (with participation from QED, Raed Ventures, Wamda Capital and others) to scale its embedded financial services platform for MSMEs and freelancers across the region.
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• Fintech

Saudi startup Zahib, founded by Badr Alhader and Raed Alghamdi, has raised a seed round from an angel investor ..Read More

Saudi startup Zahib, founded by Badr Alhader and Raed Alghamdi, has raised a seed round from an angel investor to scale its integrated logistics laundry platform and modernize the service quality and operational efficiency in Saudi Arabia’s laundry market.
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• Laundry Tech

Jordan-founded pharmaceutical e-commerce startup DawaDose has closed a pre-seed funding round from angel inves ..Read More

Jordan-founded pharmaceutical e-commerce startup DawaDose has closed a pre-seed funding round from angel investors and launched its new headquarters in Saudi Arabia to accelerate the buildout of Arabic-first AI tools and regional expansion.
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• Healthtech