Tag: Saudi Arabia

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.

Saudi Arabia-based crowdfunding platform Funding Souq has raised $2.5m in its seed round, which was backed by a host of angel investors.

SIFI, a Saudi Arabia-based FinTech company, has closed its pre-seed round on an undisclosed amount.

Sanad Cash, a Saudi Arabia-based on-demand payment and spend management platform, has scored $1.6m in its seed round.

Saudi Arabian FinTech company Lean Technologies has raised $33m in an investment that was led by Sequoia Capital.

Saudi Arabia-based Dawul has scored $5m in a seed funding round, which was led by RAED Ventures.