Tag: Saudi Arabia
Raya Financing bets on Temenos to scale Saudi lending
Raya Financing has picked Temenos, the Swiss-listed banking technology provider, to run its core systems as it pushes into a broader range of retail,...
Vrtx bags $3.6m to rebuild Saudi embedded finance rails
Vrtx, a Saudi-based embedded finance infrastructure provider, has closed a $3.6m pre-seed round as it seeks to remove the heavy build burden facing companies...
Saudi Arabia expands payment options with Alipay+
Money20/20 Middle East has closed its three-day gathering in Riyadh with fresh signals from the Saudi Central Bank (SAMA), new capital commitments for the...
Saudi banks back Tarabut’s $50m embedded finance push
Tarabut has secured $50m (SAR 187m) in strategic financing from a consortium of leading Saudi financial institutions and family business groups, as it sharpens...
Tabby raises $233m at $6.5bn valuation
Tabby, the Saudi Arabia- and UAE-based buy now, pay later and financial services provider, has raised $233m in a new equity round.
The financing was...
Phoenix Venture Partners leads $3.5m round in Sav
Phoenix Venture Partners Limited (PVP), an Abu Dhabi-based venture capital fund manager, has led a $3.5m Pre-Series A financing round in Sav, an autonomous...
PayTabs agrees $100m+ deal for Amazon’s MENA payments arm
PayTabs Group, a Saudi Arabia-founded FinTech specialising in payment processing and digital infrastructure, has agreed to acquire Amazon Payment Services’ Middle East and North...
Hopae and TCC bring global eID checks to Saudi Arabia
Hopae and Technology Control Company (TCC) have signed a partnership agreement to accelerate the adoption of global electronic identities (eIDs) across the Kingdom of...
ZEDEDA and VAS bring edge AI to Saudi Arabia
ZEDEDA, an edge intelligence platform provider, has partnered with VAS Limited, a value-added technology distributor, to bring its Edge Intelligence Platform to government, enterprise...
Middle East retail investing: the WealthTech opportunity
Retail investment and preparing for retirement is gaining traction in the Middle East. For Fredrik Davéus, CEO and co-founder of Kidbrooke, this isn’t just...










