Tags Saudi Arabia

Tag: Saudi Arabia

Saudi Arabian FinTech Lean Technologies raises $33m

Saudi Arabian FinTech company Lean Technologies has raised $33m in an investment that was led by Sequoia Capital.

Saudi Arabia-based FinTech Dawul nets seed round

Saudi Arabia-based Dawul has scored $5m in a seed funding round, which was led by RAED Ventures.

Lamaa closes one of Saudi Arabia’s largest seed rounds

Saudi Arabia-based FinTech company Lamaa has closed one of the country’s largest seed rounds, pulling in $5.5m.

Saudi FinTech sector records $347m in new investment over last 12...

A recent report by FinTech Saudi has found how Saudi Arabia’s FinTech market has seen a 37% hike in new companies with investment exceeding SAR$1.3bn ($347m).

KLAIM secures $1.6m in pre-Series A funding

KLAIM, which buys healthcare claims from healthcare providers to alleviate them from cash flow troubles caused by insurance companies, has bagged $1.6m in its pre-Series A round.

Telr launches BNPL platform following tabby partnership

Dubai-based payments gateway company Telr introduced a buy now, pay later (BNPL) solution after entering a partnership with compatriot BNPL firm tabby.

BNPL plarform Tamara closes MENA’s largest Series A round

Saudi Arabia-headquartered Tamara, a buy-now-pay-later (BNPL) platform, has scored the largest Series A in MENA.

Saudi Payments teams with IBM, Mastercard to launch instant payment system

Saudi Arabia’s only financial payments company Saudi Payments (SP) has introduced ‘sarie’ – an instant payments system – in collaboration with IBM and Mastercard.

Sharia-compliant invoice financing platform Lendo said to raise $7.2m

Saudi Arabia-based invoice financing platform Lendo has reportedly collected $7.2m in its Series A round.

P2P lending platform Raqamyah said to close $2.3m seed round

Peer-to-peer lending platform Raqamyah has reportedly raised $2.3m in a funding round led by Impact46.

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