Tag: Saudi Arabia

Saudi Arabia-based Lean has reportedly raised $4.5m in a seed funding round, which was led by RAED Venture.

Cross border payment company MoneyGram has inked a strategic partnership with Al Rajhi Bank, an Islamic bank.

HyperPay, a Saudi Arabia-based payment service provider, has closed an eight-digit funding round.

Riyad Bank has launched a new programme to establish strategic partnerships with entrepreneurs and technology companies in the finance sector. The Saudi bank’s new programme...

The Saudi Capital Market Authority has approved two robo-advisory services to being opperations in the country.

Gulf Capital has secured a strategic stake in electronic payment solution provider Saudi Geidea, in a deal worth over one billion Saudi Riyals ($266m).

Blockchain-based payments solution Ripple has formed an agreement with Saudi Arabian Monetary Authority to support the use of xCurrent.

Dubai-based insurance and loan comparison company Souqalmal has closed a $10m Series B round of funding.

Sharia compliant P2P-lending platform Beehive has secured a $5m Series A led by Riyad TAQNIA fund.