UPFRONT has raised US$ 10 million via a mixed debt-equity pre-seed round co-led by Palm Ventures and SABAH.fun ..Read More

UPFRONT has raised US$ 10 million via a mixed debt-equity pre-seed round co-led by Palm Ventures and SABAH.fund to build its financial operating system that provides real-time analytics, automates receivables and payments, and helps SMBs in MENA unlock working capital.
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Saudi fintech Bynow, co-founded by Rami Suliman and Ahmed Banafa, has raised US$ 1.2 million from Merak Capita ..Read More

Saudi fintech Bynow, co-founded by Rami Suliman and Ahmed Banafa, has raised US$ 1.2 million from Merak Capital to scale its B2B Buy-Now-Pay-Later platform, automate receivables/payables workflows, and expand regionally in alignment with Vision 2030.
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Saudi fintech MoneyMoon, founded by Abdulmajeed Alaskar, has raised US$ 2.9 million in a pre-Series A led by C ..Read More

Saudi fintech MoneyMoon, founded by Abdulmajeed Alaskar, has raised US$ 2.9 million in a pre-Series A led by Core Vision (with support from family offices and angels) to scale its Shariah-compliant P2P lending platform (Murabaha-based, under SAMA’s sandbox) and enhance financial inclusion under Vision 2030.
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Saudi fintech company Sindbad Tech, founded by Abdulaziz Alsultan, Mohammed Agbawi, and Ziad Aqbawi, has raise ..Read More

Saudi fintech company Sindbad Tech, founded by Abdulaziz Alsultan, Mohammed Agbawi, and Ziad Aqbawi, has raised US$ 4.8 million in a seed round led by Alkhabeer Capital to scale its autonomous finance investment solutions, enhance transaction efficiency, and support Saudi Arabia’s Vision 2030 digital transformation agenda.
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Saudi fintech Bwatech, founded by Rasha Al-Oraini and Hashem Al-Hekail, has raised US$ 16 million in a funding ..Read More

Saudi fintech Bwatech, founded by Rasha Al-Oraini and Hashem Al-Hekail, has raised US$ 16 million in a funding round led by Sharaka Financial to scale its corporate fintech platform—offering bank guarantees, multi-bank account management, and open banking APIs—under SAMA’s regulatory sandbox and expand its market presence.
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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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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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Saudi fintech Lendo has secured a US$ 50 million Murabaha facility from Jadwa’s GCC Private Credit Fund to s ..Read More

Saudi fintech Lendo has secured a US$ 50 million Murabaha facility from Jadwa’s GCC Private Credit Fund to significantly boost its SME lending capacity in line with Vision 2030’s targets.
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• Fintech