Search Results for: Sanabil Investments

Tamara, the Fintech Platform to Shop, Pay and Bank in Saudi Arabia and GCC Region, Acquires $340M via Series C

Tamara, the fintech platform to shop, pay and bank in Saudi Arabia and the wider GCC region, has achieved the historic milestone of becoming the Kingdom’s “first” homegrown fintech unicorn by securing $340 million in a Series C equity funding round. This investment round was… Read More

Saudi Arabia: Debt Crowdfunding Marketplace Lendo Scores $28m in Series B Funding

Lendo, a Saudi Arabia-based Shariah-compliant debt crowdfunding marketplace, has announced raising about $28 million in its Series B funding round anchored by Public Investment Fund (PIF)’s Sanabil Investments. The round also saw participation from Shorooq Partners, AB Ventures, and other investors, according to the announcement…. Read More

Salla Reports $130 Million Pre-IPO Funding Round

Salla, which claims to be among the leading SaaS e-commerce enablers in Saudi Arabia, has raised $130 million in a Pre-IPO funding round which has been “co-led by Investcorp and Sanabil, and with the participation of STV as the largest investor.” This new investment is… Read More

UAE based Fintech Firm Qashio Secures $10M

UAE-headquartered fintech Qashio has raised $10 million in a seed round, “with participation from strategic international and regional investors to accelerate expansion into the Kingdom of Saudi Arabia.” The investment round is “supported by global investors such as One Way Ventures (early investors in Brex),… Read More

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