Huawei Cloud Middle East has introduced a new suite of AI-powered cloud computing solutions aimed at supporting digital…
Saudi Arabia
Fintech Saudi Arabia
Egypt-based fintech company Khazna has secured US$16 million in a pre-Series B funding round to support its growth,…
Lendo, a debt crowdfunding platform in Saudi Arabia, has secured a US$690 million (SAR 2.6 billion) warehouse facility…
The Saudi Central Bank (SAMA) has granted STC Bank, a licensed digital bank, approval to commence its banking…
Saudi Arabia’s fintech assets under management (AUM) are projected to approach US$64 billion in 2024, indicating substantial growth,…
The Saudi Central Bank (SAMA) and Google have officially signed an agreement to launch Google Pay in Saudi…
Singapore-based Orbit Startups, and Riyadh-based Sanabil Investments have launched the Sanabil Accelerator by Orbit, a program aimed at…
Riyadh-based Zension Technologies has raised US$30 million in a Series A funding round led by Wa’ed Ventures, the…
Saudi Venture Capital (SVC) has announced its investment in Global Ventures III, an early-stage venture capital fund managed…
Saudi Arabia’s fintech sector has witnessed remarkable growth over the past years. In early 2024, the number of…
The Saudi Central Bank (SAMA) announced the launch of “Samsung Pay” through the national payment system “mada” in…
MontyPay has been awarded the prestigious “Payment Innovation of the Year” accolade at the eCommerce Expo 2024, held…
Lean Technologies, a Riyadh-based fintech infrastructure platform, has secured $67.5 million in Series B funding led by General…
Two fintech companies, Tamara and Mozn, have been named in LinkedIn’s annual Top Startups list in Saudi Arabia,…
Jeel, the digital innovation arm of Riyad Bank, and audax Financial Technology, backed by Standard Chartered, have announced…
The Public Investment Fund (PIF) of Saudi Arabia and the Hong Kong Monetary Authority (HKMA) have signed a…
Hong Kong Exchanges and Clearing Limited (HKEX) announced plans to open a new office in Riyadh, Saudi Arabia…
Mala, a Saudi-based B2B platform, has successfully closed a $7 million (26.25 million Saudi Riyals) pre-seed funding round.…
PayTabs Group, a MENA-based payment processing company, has appointed Mohamad Abbas as its new Chief Sales & Operations…
Saudi Arabia’s fintech sector has experienced significant growth over the past years, exceeding targets in areas such as…