Saudi Arabia
SNB Capital leads SAR 65mn series A funding for Malaa Technologies
SNB Capital, the largest asset manager and investment bank in the region, has announced its role as lead investor in a series “A” investment round of SAR 65 million for Malaa Technologies,...
24 Fintech to redefine the global financial ecosystem
Saudi Arabia’s position as a major fintech hub will take a stride forward tomorrow when the new three-day 24 Fintech summit and exhibition opens at the Riyadh Front Exhibition & Conference Centre.
Verofax secures $3M in bridge funding
Verofax announced the closing of a $3M bridge round led by international investors Plug & Play Tech Center, Navig8 Group, King Abdullah University for Science and Technology, Trove Capital UK foll...
Saudia and Mastercard launches Her Voice Season 3
Saudia, the national flag carrier of Saudi Arabia, has partnered with Mastercard for the third season of the award-winning podcast series, ‘Her Voice,’ which will be featured on the in-fli...
Adaverse invests in Mithu to revolutionize restaurant loyalty programs
Adaverse, a leading Web3 venture builder, has announced a $500,000 pre-seed investment in Mithu, an innovative loyalty platform aggregator for restaurants and cafes in Saudi Arabia. Mithu aims to solv...
Yalla Plus raises $2.7 million in seed funding
Yalla Plus, a Riyadh-based startup, announced the successful closure of its seed investment round. The round raised $2.7 million, led by Merak Capital, with participation from Khwarizmi Ventures, Isom...
TWLM secures $270,000 in funding to accelerate growth
TWLM, a pioneering Saudi Arabia-based food pick-up application, has successfully raised $270,000 in its latest funding round, led by B Group and with additional contributions from a cohort of angel in...
Huawei Cloud unveils Pioneer program to empower Saudi Arabia’s fintech
Huawei Cloud, in collaboration with Fintech Saudi, successfully hosted the Huawei Cloud Fintech Day Saudi Arabia 2024, showcasing innovative cloud solutions for the rapidly evolving fintech industry i...
24 Fintech to host senior government officials and global finance leaders
The24 Fintech, the Saudi Arabia’s new financial services focused summit and exhibition will offer a stage to senior government officials and global leaders in the finance sector to address criti...