Saudi fintech Oumla secures $2.4 milliom to build digital asset infrastructure in KSA

Riyadh, Saudi Arabia — Oumla, a Saudi-based fintech specializing in digital asset infrastructure, has secured $2.4 million in seed funding led by Core Vision, with participation from Avalanche and a group of angel investors.

Founded in 2022 by Mohammed Aljasser and Salah AlSalman, Oumla provides custody and management solutions for digital assets to corporates, banks, and government entities. The company also enables blockchain network connectivity and offers tokenisation platforms for financial and real estate assets.

The fresh capital will be used to expand Oumla’s team and build strategic partnerships with regulators, banks, and government bodies across Saudi Arabia and the wider region.

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