Tag: Saudi Arabia

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.

Tamara, a shopping and payments platform in Saudi Arabia and the GCC region, has secured $150m in a receivables warehouse facility from Goldman Sachs.

Saudi Arabia-based venture capital firm Emkan Capital has closed its inaugural fund on $31m, as it looks to back technology startups across GCC and broader MENAP regions.

Key FinTech investment stats in the Middle East: • 169 FinTech deal were announced in the region in 2022, a 1.8% drop from 2021 • FinTech...

InvestSky, a social investing platform for retail investors, has secured $3.4m in its pre-seed funding round, to support its mission of making investing more inclusive.

Manafa, a Saudi Arabian debt and investment firm, has scored $28m in a Series A round co-led by STV and Wa’ed Ventures.

Saudi Arabia-based Tweeq, which aims to help consumers manage their money, has received an e-money licence from the Saudi Central Bank (SAMA).

Saudi Arabia-based Zid, which stylises itself as a retail enablement company, has raised $50m for its Series B funding round.

erad, which offers Middle East-focused alternative financing platform for businesses, has raised $2.4m in funding.

 UAE-based digital bank YAP has reportedly collected $41m in fresh funding, with plans to expand into Saudi Arabia.