Tag: Saudi Arabia

Najm for Insurance Services Company, a Saudi-based provider of comprehensive insurance solutions, has announced a new telematics initiative aimed at improving road safety across Saudi Arabia.

Comfi, a UAE-based FinTech company founded in 2023 by Alisher Akbarov, Amal Abdullaev, and Sanjar Samiev, has recently secured a substantial $5m debt facility from an undisclosed Abu Dhabi-based private family office.

Arat, the leading sukuk crowdfunding platform for SME real-estate developers in Saudi Arabia, has partnered with Moneythor, a global provider of personalised engagement and loyalty solutions, to enhance customer engagement and drive platform activation.

Key Middle East FinTech investment stats in Q1 2024: • FinTech deal activity in the Middle East reached 24 funding rounds in Q1 2024, a...

Abyan Capital, a pioneering robo-advisory firm in Saudi Arabia, has closed an impressive $18m Series A funding round, with STV taking the lead alongside Wa'ed Ventures and RZM Investment.

ThoughtLab conducted a comprehensive survey in September / October 2023 of 250 investment providers. These include broker-dealer/wire-houses, private banks, online trading platforms, wealth management...

Saudi Arabia's FinTech investment more than doubles in 2023 despite global drop Key Saudi FinTech investment stats in 2023: • Saudi FinTech companies raised a combined...

Nearpay, a Saudi FinTech startup specialising in payment infrastructure as a service, has achieved a milestone of raising $14m funding.

Key MENA FinTech investment stats in Q1-Q3 2023: • FinTech companies in the MENA region raised $428m in Q1-Q3 2023, a 75% drop from the...

PayTabs Group and Tabby have partnered to to power the growth of eCommerce across the Kingdom of Saudi Arabia and the United Arab Emirates.