Best FinTech Companies in Saudi Arabia
The 151 best FinTech companies in Saudi Arabia in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Tamara.
Saudi Arabia's FinTech sector has grown fast enough that ranking the best FinTech companies here by disclosed equity funding and recent momentum actually tells you something — 151 companies tracked, $1.8B in total disclosed capital, and two unicorns already minted. The global market sits at roughly $113.4B in 2025 and is forecast to reach $461.6B by 2034, compounding at 17.21% annually, and Saudi Arabia is pulling more than its weight in that story. Tamara leads the directory at $556M raised, Tabby follows at $444M, and those two alone account for the bulk of the capital stack. So what does the rest of the field look like? Mostly earlier-stage bets, with names like Bwatech ($16M) and Sifi ($10M) still building their case for the next round.
The structural picture matters here too. Stringent government regulations have shaped which models survive, pushing founders toward next-gen banking platforms and cloud-based infrastructure that can clear compliance hurdles at scale. I'd watch the platform banking theme closely this year — it's where the most active investors, including Impact46, Raed Ventures, and Shorooq Partners, keep showing up. Fintech consolidation moves happening in other markets signal the same pattern you're starting to see here: the category is maturing, and the aggregators are getting acquired.
- Statista
Our analysis of 1,006 FinTech companies
$195.5b in tracked funding; 96% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2025.
Ranked: Best FinTech companies in Saudi Arabia
| # | Company | Disclosed funding | Last round | Stage | Employees | Founder | Tech stack | Market signals (1y) | Recent signals |
|---|---|---|---|---|---|---|---|---|---|
| 1 | Tamara 🦄 Provider of buy-now-pay-later payment solutions | $556M | 9 mo ago | Series C | 400 | Turki Bin Zarah Co-Founder & COO | ApexCharts.jsElement UIBootstrap+21 | 11 signals Funding · Regulatory | 1 internship · 2 partnerships |
| 2 | Tabby 🦄 Provider of purchase financing solutions for businesses | $444M | 16 mo ago | Series E | 133 | Hosam Arab Co-Founder & CEO | Apple iCloud MailGoogle WorkspaceNode.js+22 | 8 signals Regulatory · M&A · Earnings | 1 partnership |
| 3 | Geidea Provider of integrated payment and business management solutions for merchants | $266M | 97 mo ago | Late Stage | 108 | Abdullah Faisal Al Othman Founder & Chairman of the Board | TurbopackEmotionNode.js+20 | — | 4 partnerships · 1 award |
| 4 | Bidaya Online lending platform offering home loans | $65M | 44 mo ago | Funding Raised | — | Mahmoud Dahduli Chief Executive Officer | Node.jsMUIJSS+8 | — | — |
| 5 | Foras Online lending marketplace for diversified business loans | $60M | 16 mo ago | Series A | 66 | Abdul Majeed Co-Founder | WordPressMySQLPHP+27 | — | — |
| 6 | HyperPay Provider of payment solutions and financial services for businesses | $37M | 48 mo ago | Series B | 106 | Muhannad Ebwini Founder & CEO | WordPressMySQLPHP+25 | — | 2 partnerships · 1 award |
| 7 | Lean Provider of open banking platform for financial data and payments | $36M | 15 mo ago | Series B | 89 | Aditya Sarkar Co-Founder | WebflowAmazon Web ServicesSplide+16 | — | 2 partnerships |
| 8 | Lendo Online platform for invoice financing | $35M | 16 mo ago | Series B | 93 | Osama AlRaee Co-Founder & CEO | WebflowFacebook LoginChart.js+25 | 4 signals Funding · Contracts | 2 job openings |
| 9 | Ajras Provider of the online marketplace offering rental loans for businesses | $29M | 31 mo ago | Seed | — | Muath Aljubailan Co-Founder & CEO | — | — | — |
| 10 | Manafa Capital Equity crowdfunding platform to connect investors with companies | $28M | 41 mo ago | Series A | — | Abdulaziz Aladwani Co-Founder & CEO | Apple iCloud MailNode.jsBootstrap+11 | — | 1 award |
| 11 | Tameeni Online insurance aggregator | $24M | 55 mo ago | Series B | — | Thamer Alfallaj Co-Founder & CEO | WordPressMySQLPHP+30 | — | — |
| 12 | Rasan Developer of digital platforms providing insurance aggregation, leasing insurance, and auto auction services | $24M | 55 mo ago | Public | 209 | Moayad Alfallaj Co-Founder & CEO | GSAPcore-jsSwiper+11 | — | — |
| 13 | Moyasar Saudi Arabia-based, API-linked payment gateway | $21M | 27 mo ago | Seed | — | Abdulaziz Alshetwi Co-Founder & CEO | Framer SitesApple iCloud MailMicrosoft 365+11 | — | 1 launch |
| 14 | Nearpay Software-enabled POS payment terminal for merchants and businesses | $20M | 30 mo ago | Series A | 28 | Hamzah Ghamdi Co-Founder & CTO | Apple iCloud MailGoogle WorkspaceReact+12 | — | 2 partnerships |
| 15 | Mala'a App-based personal finance management platform for individuals | $19M | 21 mo ago | Series A | 15 | Ali Alorainy Co-Founder & CEO | WebflowTikTok PixelGoogle Analytics+15 | — | — |
| 16 | Abyan Financial Online platform for trading in stocks and ETFs for individuals | $18M | 25 mo ago | Series A | — | Abdullah Aljeraiwi Co-Founder & CEO | WordPressMySQLPHP+16 | — | — |
| 17 | BWATECH Provider of account and finance management platform | $16M | 9 mo ago | Series B | — | Rasha Al-Oraini Co-Founder | Node.jsZohoTailwind CSS+7 | — | 1 launch |
| 18 | Hala App-based wallet for consumer and business payments | $12M | 9 mo ago | Series B | 106 | Maher Loubieh Co-founder | Apple iCloud MailTypeScriptNode.js+28 | 3 signals Funding · Contracts | 1 launch |
| 19 | SiFi Provider of expense management platform for small and medium-sized enterprises | $10M | 4 mo ago | Series A | 10 | Ahmed Alhakbani Co-Founder and CEO | SentryNode.jsRadix UI+21 | — | — |
| 20 | Mozn Artificial Intelligence solutions to empower enterprises in making critical decisions | $10M | 52 mo ago | Series A | 200 | Khaled Ghoneim Co-Founder | WebflowApple iCloud MailMicrosoft 365+20 | — | 2 awards |
| 21 | Resal Developer of digital infrastructure for managing non-cash value and rewards | $10M | 21 mo ago | Series A | 106 | Hatem Kameli Co-Founder & CEO | WordPressMySQLPHP+29 | — | — |
| 22 | Ghanem Provider of fractional ownership and rental rights in income-producing properties | $7M | 7 mo ago | Series A | — | Saleh Al-Ghamdi Co-Founder & CEO | Node.jsRadix UITailwind CSS+16 | — | — |
| 23 | Mala Provider of B2B procure-now-pay-later financing solutions | $7M | 20 mo ago | Seed | — | Musaab Hakami Founder & CEO | — | — | — |
| 24 | Buildnow Online lending platform offering working capital loans | $6M | 27 mo ago | Seed | — | Abdulla Sheikh Co-Founder & CEO | — | — | 1 internship |
| 25 | penny Provider of B2B digital procurement software and related platform solutions | $6M | 26 mo ago | Seed | 38 | Iyad Aldalooj Co-Founder & CEO | WordPressMySQLRedis+21 | — | — |
| 26 | Dawul Online community-based platform for investment strategies | $5M | 53 mo ago | Seed | 11 | Mansour Harbi CEO | Cart FunctionalityWooCommerceWordPress+36 | — | — |
| 27 | Sindbad Tech Provider of automated stock trading via algorithms and cloud robotics | $5M | 8 mo ago | Seed | — | Mohammed Agbawi Co-Founder & CEO | YouTubeBootstrapNginx+9 | — | — |
| 28 | RasMal Cap table management solutions | $5M | 16 mo ago | Seed | 30 | Nasser Tamimi Co-Founder & COO | Node.jsYouTubeTailwind CSS+15 | — | — |
| 29 | NQOODLET Provider of expense management platform with physical and virtual card solutions | $4M | 13 mo ago | Seed | 23 | Mohamed Milyani Co-Founder & CEO | WordPressMySQLPHP+19 | — | — |
| 30 | InvestSky App based savings and investment platform for individuals | $3M | 4 mo ago | Seed | 11 | — | Webflowparticles.jslit-html+17 | 3 signals Regulatory · Funding | — |
| 31 | Rize App-based marketplace for searching home rentals | $3M | 17 mo ago | Series A | 6 | Mohammed Alfraihi Co-Founder and CTO | BreakdanceWordPressMySQL+33 | — | 1 job opening |
| 32 | Erad Provider of working capital to online businesses across various industries | $3M | 6 mo ago | Seed | 10 | Faris Yaghmour Co-Founder & CCO | Webflow EcommerceWebflowcore-js+16 | 11 signals ▲450% Funding · Capital raise | 1 job opening |
| 33 | Amwal Tech Identity-powered authentication and payment acceptance for businesses | $2M | 39 mo ago | Seed | 17 | Mohamed Zaghoo Co-Founder & CEO | Webflow EcommerceWebflowFreshworks CRM+17 | — | 1 internship · 1 partnership |
| 34 | Arib Provider of digital financing brokers for consumer loans | $2M | 1 mo ago | Series A | — | Waleed Talat Co-Founder and CEO | BootstrapTikTok PixelMixpanel+18 | — | — |
| 35 | Raqamyah Shariah-compliant peer-to-peer financing platform for small and medium-sized businesses | $2M | 64 mo ago | Seed | 21 | — | ElasticsearchGoogle MapsMUI+21 | — | — |
| 36 | Madkhol Online platform for wealth management and robo advisory | $2M | 16 mo ago | Seed | — | Saad Atyan CEO | SentryMUIEmotion+13 | — | — |
| 37 | Qoyod SaaS-based accounting software for SMEs | $2M | 65 mo ago | Series A | 130 | Abdullah AlDayel Founder & CEO | RubyHighchartsRuby on Rails+30 | — | — |
| 38 | CASHIN Virtual POS terminals for merchants and businesses | $2M | 4 mo ago | Series A | 68 | Omar Alrammah Co-Founder & CEO | WordPressMySQLPHP+25 | — | — |
| 39 | Mthmr Online platform for expense management | $2M | 34 mo ago | Seed | 9 | Abdulrahman Qumsani Founder & CEO | — | — | — |
| 40 | Circles App-based public circle investment platform | $1M | 51 mo ago | Seed | 9 | Khaled Hassoun Co-Founder & CEO | Apple iCloud MailMicrosoft 365React+8 | — | — |
| 41 | Tweeq App-based expense and money management platform | $533K | 60 mo ago | Acquired | 40 | Abdulaziz Almalki Co-Founder & CTO | Framer SitesApple iCloud MailGoogle Workspace+8 | — | — |
| 42 | UmrahCash Digital money management platform | $500K | 21 mo ago | Seed | — | William Phelps Founder & CEO | WixSentryBootstrap+8 | — | — |
| 43 | Drahim App-based budget management platform for individuals | $125K | 48 mo ago | Seed | 9 | Sultan Alkhayal Co-Founder & CEO | GhostApple iCloud MailNode.js+14 | — | — |
| 44 | Levers Platform for financial reports and analytics for businesses | $125K | 48 mo ago | Seed | 7 | Motasim Zawawi Co-Founder | — | — | 1 partnership |
Top 12 FinTech companies in Saudi Arabia
#1
Tamara 🦄Series C · Riyadh, Riyadh Province · founded 2020 · 400 employees$556Mraised▾
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.
- Sep 2025Conventional Debt$2.4B
- Dec 2023Series C$340M
- Nov 2023Conventional Debt$250M
- Mar 2023Conventional Debt$150M
#2
Tabby 🦄Series E · Riyadh, Riyadh Province · founded 2019 · 133 employees$444Mraised▾
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 lets users discover and track products, brands and deals in the application.
- Feb 2025Series E$160M
- Dec 2023Conventional Debt$700M
- Dec 2023Series D$50M
- Oct 2023Series D$200M
#3
Series A · Riyadh, Riyadh Province · founded 2021 · 10 employees$10Mraised▾
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 suppliers and international transfers.
- Feb 2026Series A$20M
- Jun 2024Seed$10M
- Feb 2022Seed—
#4
Series A · Riyadh, Riyadh Province · founded 2019$2.3Mraised▾
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.
- May 2026Series A$23.5M
- Mar 2022Seed$2.3M
#5
Series B · Riyadh, Riyadh Province · founded 2020$16Mraised▾
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.
- Sep 2025Series B$16M
#6
Seed · Riyadh, Riyadh Province · founded 2017 · 11 employees$3.4Mraised▾
App-based savings and investment platform for individuals. The app is available on both Android and iOS platforms.
- Feb 2026Seed$4M
- Jan 2023Seed$3.4M
#7
Series B · Riyadh, Riyadh Province · founded 2018 · 106 employees$11.5Mraised▾
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.
- Sep 2025Series B$157M
- Aug 2021Series A$5M
- Mar 2021Series A$6.5M
#8
Series A · Riyadh, Riyadh Province · founded 2025$7.1Mraised▾
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.
- Nov 2025Series A$7.1M
#9
Series A · Riyadh, Riyadh Province · founded 2019 · 66 employees$60Mraised▾
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.
- Jan 2025Conventional Debt$60M
- Aug 2021Series A—
#10
Series B · Riyadh, Riyadh Province · founded 2019 · 89 employees$36.5Mraised▾
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.
- Mar 2025Series B—
- Nov 2024Series B$67.5M
- Jan 2022Series A$33M
- Jul 2020Seed$3.5M
#11
Series A · Riyadh, Riyadh Province · founded 2020 · 68 employees$1.6Mraised▾
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.
- Feb 2026Series A$16M
- Sep 2021Seed$1.6M
#12
Seed · Riyadh, Riyadh Province · founded 2022 · 10 employees$2.6Mraised▾
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.
- Nov 2025Conventional Debt$125M
- Sep 2025Venture Debt$33M
- Apr 2025Seed$16M
- Sep 2022Seed$2.5M
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of FinTech coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
How research on Fintech is moving in Saudi Arabia
A read on the academic research around Fintech — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 139 Saudi Arabia-affiliated papers.
- Imam Mohammad ibn Saud Islamic University18
- Saudi Electronic University12
- University of Business and Technology12
- College of Business Administration12
- King Abdulaziz University9
- Financial services6
- Database transaction3
- Unbanked2
- Financial inclusion2
- Credit card2
- Financial services49
- Financial inclusion22
- Structural equation modeling11
- Payment10
- Sustainability10
- Financial services2→22
Where fintech is researched across Saudi Arabia
Location clusters by institution affiliation — each city's volume, stance tone, and a quick read on its hot topic, what's advancing, the opening opportunity, and the main concern.
Common questions
Rohit lives in the feed. He covers what's moving right now — the funding rounds, launches and shifts breaking across the trade press — and ties them back to where the sector is heading.