Tag: Saudi Arabia

Erad, the Riyadh-based FinTech specialising in alternative financing for small and medium-sized enterprises, has closed a fresh debt financing round to strengthen its regional...

Tamara, the Saudi FinTech platform and the country’s first homegrown unicorn, has secured a Shari’ah-compliant asset-backed facility of up to $2.4bn from major global financial institutions, including Goldman Sachs, Citi and Apollo funds.

HALA, a Saudi Arabian firm specialising in embedded financial services for micro, small and medium-sized enterprises, has closed one of the region’s largest Series...

Maalexi, a next-generation B2B food and agri FinTech platform, has secured a shariah-compliant credit facility worth up to $20m from Amwal Capital Partners (ACP),...

Saudi Arabia-based Yasmina Embedded Insurance has raised $2m in seed funding to accelerate the growth of its API-powered InsurTech platform.

Tarmeez Capital, a Saudi FinTech specialising in sukuk and debt instruments, has secured a strategic investment led by Tali Ventures, the corporate venture capital arm of stc group.

The Middle East and North Africa’s banking sector is experiencing a major shift as regulatory demands intensify and digital transformation accelerates. Financial institutions are...

MoneyGram has announced a new partnership with tiqmo, one of Saudi Arabia’s fastest-growing digital wallets, to enhance cross-border money transfers.

Mastercard has launched its first Cyber Resilience Center in the Middle East, located in Riyadh, 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.