Tag: Saudi Arabia

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...

Saudi FinTech innovator Nearpay secures $14m in Series A funding

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

FinTech deal activity in MENA halves in 2023 as investors pull...

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 partners with Tabby to power eCommerce growth across Saudi Arabia

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

Tamara raises $250m in additional debt financing to bolster its FinTech...

Tamara, Saudi Arabia-based company, secured an additional up to $250m in debt financing, elevating its total warehouse facility to a staggering $400m.

COGNNA secures $2.25m in seed funding led by IMPACT46

COGNNA, a trailblazer in cybersecurity within the Middle East and North Africa (MENA) region, has completed a seed funding round, amassing over $2.25m.

Saudi FinTech Tabby achieves $1.5bn valuation after latest fundraising

Saudi Arabia's Tabby, a leading buy-now-pay-later firm, is making headlines with its recent valuation and funding accomplishments.

Xoxoday and resal partner to revolutionise employee engagement in Saudi Arabia

Xoxoday, a prominent and loyalty solutions provider, has entered into a strategic partnership with resal in a bid to foster market growth in Saudi Arabia.

Hong Kong, Saudi Arabia forge partnership for FinTech innovation

The Hong Kong Monetary Authority (HKMA) and the Saudi Central Bank (SAMA) have recently initiated a partnership.

Saudi Arabia-based group savings FinTech Hakbah nets $2m

Hakbah, a Saudi Arabia-based FinTech savings platform, has secured $2m in its pre-Series A funding round, as it looks to bolster its presence in the country.

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