107 indexable FinTech companies headquartered in Riyadh, Saudi Arabia, ranked by total equity funding and recent funding momentum. Combined disclosed equity funding of $1.8B across 41 funded companies, including 2 unicorns.
| # | Company | Funding | Valuation | Stage | Latest round | Employees | Founded | Momentum |
|---|---|---|---|---|---|---|---|---|
| 1 |
Tamara
Unicorn Provider of buy-now-pay-later payment solutions |
$556M | $1B as of 2023 |
Series C | Conventional Debt Sep 2025 | 400 | 2020 | ↑ Active |
| 2 |
Tabby
Unicorn Provider of purchase financing solutions for businesses |
$444M | $1B as of 2023 |
Series E | Series E Feb 2025 | 133 | 2019 | ↑ Active |
| 3 |
SiFi
Provider of expense management platform for small and medium-sized enterprises |
$10M | — | Series A | Series A Feb 2026 | 10 | 2021 | ↑ Active |
| 4 |
Arib
Provider of digital financing brokers for consumer loans |
$2.3M | — | Series A | Series A May 2026 | — | 2019 | ↑ Active |
| 5 |
BWATECH
Provider of account and finance management platform |
$16M | — | Series B | Series B Sep 2025 | — | 2020 | ↑ Active |
| 6 |
InvestSky
App based savings and investment platform for individuals |
$3.4M | — | Seed | Seed Feb 2026 | 11 | 2017 | ↑ Active |
| 7 |
Hala
App-based wallet for consumer and business payments |
$11.5M | — | Series B | Series B Sep 2025 | 106 | 2018 | ↑ Active |
| 8 |
Ghanem
Provider of fractional ownership and rental rights in income-producing properties |
$7.1M | — | Series A | Series A Nov 2025 | — | 2025 | ↑ Active |
| 9 |
Foras
Online lending marketplace for diversified business loans |
$60M | — | Series A | Conventional Debt Jan 2025 | 66 | 2019 | ↑ Active |
| 10 |
Lean
Provider of open banking platform for financial data and payments |
$36.5M | — | Series B | Series B Mar 2025 | 89 | 2019 | ↑ Active |
| 11 |
CASHIN
Virtual POS terminals for merchants and businesses |
$1.6M | — | Series A | Series A Feb 2026 | 68 | 2020 | ↑ Active |
| 12 |
Erad
Provider of working capital to online businesses across various industries |
$2.6M | — | Seed | Conventional Debt Nov 2025 | 10 | 2022 | ↑ Active |
| 13 |
Lendo
Online platform for invoice financing |
$35.2M | — | Series B | Conventional Debt Jan 2025 | 93 | 2019 | ↑ Active |
| 14 |
Sindbad Tech
Provider of automated stock trading via algorithms and cloud robotics |
$4.8M | — | Seed | Seed Sep 2025 | — | 2013 | ↑ Active |
| 15 |
NQOODLET
Provider of expense management platform with physical and virtual card solutions |
$4M | — | Seed | Seed May 2025 | 23 | 2021 | ↑ Active |
| 16 |
Mala'a
App-based personal finance management platform for individuals |
$19M | — | Series A | Series A Sep 2024 | 15 | 2020 | ↑ Active |
| 17 |
RasMal
Cap table management solutions |
$4.8M | — | Seed | Seed Feb 2025 | 30 | 2019 | ↑ Active |
| 18 |
Mala
Provider of B2B procure-now-pay-later financing solutions |
$7M | — | Seed | Seed Oct 2024 | — | 2024 | ↑ Active |
| 19 |
Rize
App-based marketplace for searching home rentals |
$2.9M | — | Series A | Series A Jan 2025 | 6 | 2020 | ↑ Active |
| 20 |
Madkhol
Online platform for wealth management and robo advisory |
$2.2M | — | Seed | Seed Feb 2025 | — | 2021 | ↑ Active |
| 21 |
Abyan Financial
Online platform for trading in stocks and ETFs for individuals |
$18.1M | — | Series A | Series A May 2024 | — | 2021 | — |
| 22 |
Ajras
Provider of the online marketplace offering rental loans for businesses |
$28.5M | — | Seed | Conventional Debt Nov 2023 | — | 2022 | — |
| 23 |
Moyasar
Saudi Arabia-based, API-linked payment gateway |
$21M | — | Seed | Seed Mar 2024 | — | 2015 | — |
| 24 |
Nearpay
Software-enabled POS payment terminal for merchants and businesses |
$20.3M | — | Series A | Series A Dec 2023 | 28 | 2020 | — |
| 25 |
Bidaya
Online lending platform offering home loans |
$65M | — | Funding Raised | Conventional Debt Oct 2022 | — | 2015 | — |
| 26 |
Geidea
Provider of integrated payment and business management solutions for merchants |
$266.3M | — | Late Stage | PE May 2018 | 108 | 2008 | — |
| 27 |
Buildnow
Online lending platform offering working capital loans |
$6.5M | — | Seed | Mar 2024 | — | 2022 | — |
| 28 |
Manafa Capital
Equity crowdfunding platform to connect investors with companies |
$28.2M | — | Series A | Series A Dec 2022 | — | 2018 | — |
| 29 |
HyperPay
Provider of payment solutions and financial services for businesses |
$36.7M | — | Series B | Series B May 2022 | 106 | 2014 | — |
| 30 |
Tameeni
Online insurance aggregator |
$24M | — | Series B | Series B Nov 2021 | — | 2017 | — |
| 31 |
Rasan
Developer of digital platforms providing insurance aggregation, leasing insurance, and auto auction services |
$24M | — | Public | Series B Nov 2021 | 209 | 2015 | — |
| 32 |
Mozn
Artificial Intelligence solutions to empower enterprises in making critical decisions |
$10M | — | Series A | Series A Feb 2022 | 200 | 2017 | — |
| 33 |
Amwal Tech
Identity-powered authentication and payment acceptance for businesses |
$2.5M | — | Seed | Seed Feb 2023 | 17 | 2022 | — |
| 34 |
Dawul
Online community-based platform for investment strategies |
$5M | — | Seed | Seed Jan 2022 | 11 | 2020 | — |
| 35 |
Raqamyah
Shariah-compliant peer-to-peer financing platform for small and medium-sized businesses |
$2.3M | — | Seed | Seed Feb 2021 | 21 | 2018 | — |
| 36 |
Circles
App-based public circle investment platform |
$1.3M | — | Seed | Seed Mar 2022 | 9 | 2017 | — |
| 37 |
Qoyod
SaaS-based accounting software for SMEs |
$2.1M | — | Series A | Series A Dec 2020 | 130 | 2016 | — |
| 38 |
Tweeq
App-based expense and money management platform |
$532.8K | — | Acquired | Seed Jun 2021 | 40 | 2020 | — |
| 39 |
Drahim
App-based budget management platform for individuals |
$125K | — | Seed | Seed 2022 | 9 | 2021 | — |
| 40 |
Sahm Capital
Broker-based online trading and investment platform |
$25K | — | Funding Raised | Grant (prize money) Jun 2023 | — | 2022 | — |
| 41 |
Tamawal
Provider of business financing solutions |
$50K | — | Seed | Seed Feb 2022 | 24 | 2018 | — |
| 42 |
Wadaie
Online platform for consumers to invest in fixed deposits |
— | — | Seed | Seed Sep 2025 | — | 2022 | ↑ Active |
| 43 |
ArabianPay
Fintech platform that provides banking and payment solutions for small and medium-sized enterprises |
— | — | Seed | Seed Mar 2025 | — | 2023 | ↑ Active |
| 44 |
ADD Accounting
Cloud-based accounting platform |
— | — | Seed | Seed Feb 2025 | — | 2022 | ↑ Active |
| 45 |
Qannas
Online platform that allows investors to link and manage their investment portfolios |
— | — | Seed | Seed 2023 | — | 2022 | — |
| 46 |
Wafeer
Financial management solutions for businesses |
— | — | Seed | Seed Mar 2021 | 4 | 2019 | — |
| 47 |
Emrgo
Provider of investment management services |
— | — | Seed | Seed Jul 2020 | 32 | 2018 | — |
| 48 |
Samba
Financial services group |
— | — | Acquired | Jun 2008 | 3,530 | 1980 | — |
| 49 |
1AUDIT
Cloud-based audit automation software for auditors |
— | — | Unfunded | — | — | 2013 | — |
| 50 |
Aajil
Provider of business credit and import solutions for small businesses |
— | — | Unfunded | — | — | 2022 | — |
Provider of buy-now-pay-later payment solutions. It allows shoppers to split purchases into installments, offering flexible payment options at various retail locations. The service is designed to be simple and secure, with a focus on Sharia compliance. It facilitates transactions both online and in physical stores.
Provider of purchase financing solutions for businesses. The platform enables users to purchase from multiple online stores and allows to repay the amount in equal installments. It offers a credit card offering buy now pay later loans with installment-based repayment options. It allows users to split purchases into four interest-free payments, both online and in-store. The platform also offers shopping assistant that
Provider of expense management platform for small and medium-sized enterprises. The platform offers tools for managing expenses, including real-time transaction tracking and custom approval workflows. It facilitates the issuance of physical and virtual cards with built-in controls. The platform automates accounting processes and streamlines employee reimbursements. It also provides payment solutions for local supplie
Provider of digital financing brokers for consumer loans. It helps customers obtain financing from various approved financing institutions based on their creditworthiness and financial suitability. It helps users get loans like car financing, real estate financing, personal financing, and more.
Provider of account and finance management platform. It offers solutions such as finance management, invoice management, risk and compliance management, and more. The mobile application is available for Android users.
App-based savings and investment platform for individuals. The app is available on both Android and iOS platforms.
Halalah is an app-based wallet for consumers and business payments. It features a mobile payment platform for consumers & businesses to offer services such as deposit accounts, online/offline payment, money transfers, mobile recharge, and more. It also offers a marketplace to users for purchasing vouchers and digital products. It can be accessed through the app that is available on iOS and Android devices.
Provider of fractional ownership and rental rights in income-producing properties. The company facilitates investment in real estate and rental agreements, structured to comply with Islamic law. It offers opportunities to invest in property equity or lease benefits. The platform provides options for investors seeking returns from rental income.
Online lending marketplace for diversified business loans. It offers a platform where users can apply and get funded for point-of-sale financing, invoice financing, working capital financing, and more.
Provider of open banking platform for financial data and payments. It offers account connections, data aggregation, and identity verification. The platform enriches financial data with insights and facilitates integrated payments. It provides solutions for KYC, AML, credit risk scoring, and finance management. The platform also supports account top-ups, invoicing, e-commerce payments, refunds, and loan disbursement.
Virtual POS terminals for merchants and businesses. It enables merchants to accept online payments via credit/debit cards. It also provides solutions for invoicing, e-invoices for offline modes, and more.
Provider of working capital to online businesses across various industries. It offers funding solutions for restaurants, retail, clinics, and beauty salons. The company facilitates access to financing through data integration with business platforms. It provides insights to assist businesses with growth strategies.
Impact46
Raed Ventures
500 Global
Khwarizmi Ventures
Shorooq Partners
VentureSouq
HALA Ventures
Sanabil
Seedra Ventures
Vision Ventures
RZM Investment
STV
Rankings are computed by Radar (Fliar BI) from the Radar company master and are updated periodically. Funding and momentum scores use disclosed equity-funding data only. Figures may lag private rounds. Last updated 2026-06-21.
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