Financial Technology Startups That Raised Funding in Saudi Arabia

Tabsense

Location: Riyadh, Saudi Arabia

Funding: Secures $45 M

Date: 247 days ago

Tabsense is a Riyadh-based fintech developing a modular digital banking platform that integrates lending, savings, and customer loyalty features to help financial institutions modernize and enhance their digital services.

Nqoodlet

Location: Riyadh, Saudi Arabia

Website: nqoodlet.com

Funding: secures $3m

Date: 418 days ago

Nqoodlet is a fintech startup providing an integrated digital platform designed to streamline financial operations for small and medium-sized enterprises, enabling improved financial management and operational efficiency.

erad

Location: Riyadh, Saudi Arabia

Website: erad.com

Funding: secures $16 m

Date: 422 days ago

erad is a Riyadh-based fintech company providing Shariah-compliant financing solutions tailored specifically for small and medium-sized enterprises (SMEs) in the MENA region. Its mission is to bridge the credit gap for SMEs, aligning with Saudi Arabia's Vision 2030 framework for economic diversification.