Tagged: saudi arabia

May 22, 2026 @ 3:37 pm By Omar Faridi  |  

HUMAIN, a Public Investment Fund (PIF) company specializing in comprehensive AI solutions, has teamed up with global professional services firm Accenture (NYSE: ACN). The alliance positions Accenture as a key strategic partner for AI reinvention and innovation, aiming to expand HUMAIN’s reach and capabilities throughout Saudi… Read More

May 2, 2026 @ 11:19 am By Tony Zerucha  |  

Bitcoin’s struggles, Saudi Arabia, stablecoins and interest rates occupied Web3 minds this week. Bitcoin struggles to hit $80K “As markets head into a week dominated by central bank interest rate decisions, Bitcoin is struggling to break through the psychological barrier of $80,000. It is battling… Read More

March 15, 2026 @ 1:15 pm By Michael Wong  |  

Saudi artificial intelligence startup Infobrim has secured its first strategic angel investment at a $3.5 million valuation, as the Riyadh-based company looks to expand its software platform for enterprise data analytics and ride growing demand for AI tools in the kingdom. Financial details of the… Read More

February 11, 2026 @ 9:45 am By JD Alois  |  

China is home to the second-largest economy in the world. It is also home to many very large Fintechs. Recently, it was reported that authorities reiterated their ban on crypto and on private firms enabling digital assets. But one observer says China is not anti-tokenization;… Read More

January 24, 2026 @ 2:37 pm By Omar Faridi  |  

The MENA venture capital ecosystem has experienced considerable activity as of late, as highlighted in a recent analysis by CB Insights. This in-depth study ranks the top 50 investors in the region, shedding light on their strategies, performance, and impact on emerging startups. By examining… Read More

November 30, 2025 @ 5:30 pm By Omar Faridi  |  

erad, the Riyadh-headquartered alternative financing platform for SMEs, has partnered with Jefferies (NYSE: JEF) (with co-investment from Channel Capital) to secure $125M in a credit deal, in order to accelerate embedded finance solutions across the GCC region. After the transaction is completed, it will mark… Read More

November 16, 2025 @ 1:19 pm By Michael Wong  |  

Ghanem, a Saudi digital real estate platform focused on fractional ownership, has raised $7.1 million from Al-Romaih Group to fuel expansion and product development as the kingdom pushes to broaden investment access under its Vision 2030 agenda. Al-Romaih Group, described by Ghanem as one of… Read More

November 4, 2025 @ 11:19 pm By Omar Faridi  |  

Tabby, the Saudi Arabia–based financial services app, has recently confirmed the completion of a secondary sale of shares that was reportedly held by certain existing shareholders. As part of the latest transaction, HSG, Boyu Capital and others acquired shares from existing investors, “resulting in an… Read More

October 28, 2025 @ 8:17 am By Omar Faridi  |  

Jeel, the tech subsidiary of Riyad Bank, has teamed up with Mambu, the cloud-native core banking platform, to enhance the ecosystem powered by the recently launched Jeel Sandbox, Saudi Arabia’s fintech sandbox accelerator – developed by Jeel in collaboration with Fintech Saudi. The Jeel Sandbox… Read More

October 24, 2025 @ 1:23 am By Michael Wong  |  

Merak Capital, a Saudi investment firm licensed by the Capital Market Authority, has made a SAR 100 million (USD 26.7 million) strategic investment in Arsann, the Kingdom’s leading operator of smart parking and mobility infrastructure. The move, according to an announcement, is aimed at advancing… Read More

October 22, 2025 @ 7:11 pm By Omar Faridi  |  

MoneyHash, the payment orchestration platform in emerging and global markets, has partnered with Tabby, the Saudi Arabia–headquartered financial services app. This collab offers merchants seamless access to flexible Tabby payments across the UAE and KSA via MoneyHash’s unified API. Businesses are now able to activate… Read More

October 22, 2025 @ 7:10 pm By Omar Faridi  |  

Tamara recently announced that it has officially received a restricted finance license from the Central Bank of the UAE (CBUAE). As a financial technology platform operating across the United Arab Emirates, Tamara claims that it has cemented its position as a key financial partner. Achieving… Read More

October 22, 2025 @ 9:49 am By Omar Faridi  |  

Abyan Capital, a robo-advisory1 investment platform in Saudi Arabia, announced the launch of their new self-directed trading service. The service will reportedly enable users to trade US equities as well as open high-yield savings accounts in compliance with Shariah law. Supporting this offering is Alpaca,… Read More

October 19, 2025 @ 10:10 am By Michael Wong  |  

KLIQ, a Saudi-built influencer marketing platform powered by proprietary AI, said it raised $2.25 million in seed funding led by Sanabil Venture Studio, a subsidiary of Sanabil Investments, in partnership with corporate venture builder Stryber. The company said the funding will help it address common… Read More

October 14, 2025 @ 8:09 am By Omar Faridi  |  

Tabby, a financial services app, announced that it is now deploying NVIDIA HGX systems to start developing and testing its AI capabilities to serve a growing base of clients and merchants. The investment helps with establishing local AI factory infrastructure that supports tech advancements while… Read More

September 29, 2025 @ 8:49 am By Omar Faridi  |  

The Saudi Central Bank (SAMA) announced the approval of using the “Visitor ID” for opening bank accounts at banks in the Kingdom of Saudi Arabia, in “accordance with banks’ account opening rules.” The “Visitor ID,” issued by the Ministry of Interior, “serves as an official… Read More

September 18, 2025 @ 2:04 am By Omar Faridi  |  

In a boost to Saudi Arabia’s digital payments ecosystem, global payments intelligence company Thunes has announced key developments: a live partnership with mobile wallet provider barq and an expansion of its real-time cross-border payment capabilities directly into the Kingdom. These moves, aligning seamlessly with Saudi… Read More

September 16, 2025 @ 1:26 am By Omar Faridi  |  

The Kingdom of Saudi Arabia’s financial technology landscape continues to evolve at a steady pace, as highlighted in the latest Saudi Fintech Annual Report. Released amid the nation’s Vision 2030 initiatives, this comprehensive document underscores the sector’s pivotal role in diversifying the economy and enhancing… Read More

July 20, 2025 @ 5:46 pm By Omar Faridi  |  

Alkhabeer Capital, an asset manager specializing in financial services and brokerage services, has recently signed a partnership agreement with Fasanara Capital, a global asset manager specializing in tech-enabled credit solutions, during an event held in Jeddah (Saudi Arabia) under the theme “Fintech-Originated Private Credit –… Read More

July 8, 2025 @ 4:46 am By Michael Wong  |  

Tali Ventures, the corporate venture capital arm of stc group, has led a strategic investment in Tarmeez Capital, marking the fintech’s first external funding after growing for four years without outside capital, the companies said on Monday. Tarmeez Capital, licensed by Saudi Arabia’s Capital Market… Read More