Singapore-based Orbit Startups, and Riyadh-based Sanabil Investments have launched the Sanabil Accelerator by Orbit, a program aimed at…
Saudi Arabia
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…
Riyad Bank’s digital innovation branch, Jeel, has announced a partnership with Eastnets, a global provider of anti-financial crime…
Saudi Arabia‘s financial sector, once reliant on cash because of underdeveloped digital payment infrastructure and cultural preferences, has…
Abu Dhabi’s sovereign wealth fund, Mubadala, has made its first investment in global neobank Revolut, as part of…
The Saudi Central Bank (SAMA) announces the signing of an agreement with Samsung to enable the launch of…
The full scale of Saudi Arabia’s potential as a global hub for financial technology came to the fore…
PayTabs Group, MENA’s payments powerhouse revealed it is set to cross SAR200 billion in payment processing volumes by…