Tag: Saudi Arabia

Saudi-based FinTech company Nqoodlet, which provides an integrated financial operating system for small and medium-sized enterprises (SMEs), has raised $3m in a seed funding round.

UAE-based Klaim, a healthcare payments solutions provider, has raised $10m in Series A equity funding and secured an additional $16m financing fund to support its regional expansion efforts.

Devexperts, a global software provider for capital markets, has unveiled plans to establish an office in Dubai as part of its expansion into the MENA region.

Tabby, a leading financial services and shopping app in the MENA region, has secured $160m in a Series E funding round, pushing its valuation to $3.3bn.

BRKZ, a B2B managed marketplace for construction materials with embedded financing, has raised $17m in a Series A funding round to scale its digital procurement platform.

Khazna, a Cairo-based FinTech company, has secured $16m in its pre-Series B funding round, bringing its total funding to over $63m. 

Saudi Arabia-based FinTech Lendo, a debt crowdfunding platform, has secured a $690m (SAR 2.6bn) warehouse facility led by J.P. Morgan.

Pluto, a UAE-based corporate card and expense management platform, has secured $4.1m in a pre-Series A funding round.

The Saudi Central Bank (SAMA) has partnered with Google to introduce Google Pay in Saudi Arabia through the national payment system “mada,” with the...

Saudi BNPL company JeelPay, a specialist in education-focused financing solutions, has successfully raised SAR 25m ($6.6m) in a Pre-Series A investment round.