Saudi Arabia

Summer experiences boom in digital payments across UAE and Saudi Arabia

Consumers’ preferences for digital payment methods have deepened over the summer period in the UAE and Saudi Arabia, according to new data from global payments solution provider Checkout.com. The comp...

Reachware secures $3 million from Sadu Capital and Saudi investors

Reachware, a leading startup based in Riyadh, Saudi Arabia, specializing in automation and system integration, has successfully raised $3 million in seed funding. The round was led by Sadu Capital, wi...

Saudi startup Ejari wins the KPMG Global Tech Innovator competition

KPMG announced Ejari as the winner of the fourth annual KPMG Global Tech Innovator competition for which the finals took place 28 August 2024 at the firm’s head office in Riyadh and was set out to rec...

Hakbah partners with The Saudi Institute of Internal Auditors

Hakbah, the Saudi-based fintech savings platform, announces a new agreement with The Saudi Institute of Internal Auditors to enhance the development of internal auditing systems, governance, and overs...

Saudi startup Lendo partners with J.P. Morgan to enhance SME financing

Lendo, a Saudi Arabia-based Shariah-compliant crowdlending marketplace, has signed a MOU with J.P. Morgan to improve access to financing for SMEs across the country.

Bupa Arabia sponsors Fintech 24 in Saudi Arabia

Bupa Arabia Cooperative Insurance Company has announced its participation as a Gold Sponsor at the upcoming “Fintech 24” International Financial Technology Conference, scheduled for Septem...

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...

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