Saudi Arabia
Saudi Arabia’s erad secures $33mln debt financing
erad, the Riyadh-headquartered alternative financing platform for SMEs, has raised $33 million in debt financing to expand its operations in Saudi Arabia and the rest of the GCC. The round was led by ...
Saudi National Bank to launch SME Financing platform
Saudi National Bank (SNB), the Kingdom’s largest financial institution, today announced plans to launch a first-of-its-kind Point-of-Sale (POS) lending solution for small and medium enterprises ...
Tamara secures new asset-backed facility of up to $2.4B
Tamara, the first homegrown Saudi fintech unicorn, has secured the largest asset-backed facility of its kind in the region of up to $2.4 billion from major financial institutions, including Goldman Sa...
HALA raises $157 million in Series B funding round
HALA, Saudi Arabia’s leading fintech and provider of embedded financial services to micro, small and medium enterprises, has raised $157 million in a Series B investment round led by The Rise Fu...
Sheba Joy secures $293,000 funding from Merak Capital
Sheba Joy, a mobile gaming studio now headquartered in Riyadh, has raised $293,000 in a pre-seed funding round led by Saudi venture capital firm Merak Capital.
Deloitte highlights new digital consumer trends
Deloitte has released its latest Digital Consumer Trends 2025 report, providing key insights into how consumers in the UAE and Saudi Arabia are engaging with digital technology, media, and connectivit...
Vennre appoints Dr. Ibrahim Almojel as its Chairman for Saudi Arabia
Vennre announced today the appointment of Dr. Ibrahim Almojel as Chairman of its Board of Managers in Saudi Arabia. This strategic move reflects the company’s commitment to building a strong presence ...
Tally enriches Middle East startup ecosystem with technology and partnership
Vikas Panchal, General Manager at Tally Solutions MENA, shares how Tally empowers Middle East startups with scalable, localized ERP solutions, strategic partnerships, and financial literacy programs—s...
Coca-Cola and Saudi startup Lesser App support recycling
The Coca-Cola Foundation (TCCF) and the Global Environment and Technology Foundation (GETF) have partnered with Lesser App, a pioneering technology solution developed by the Saudi women-led company Na...