The partners will develop a portfolio of innovative consumer products including Riyadh Air-branded credit and prepaid cards built for the next generation of travelers As a global first, Riyadh Air will introduce airline-branded virtual card program to support travel agents and other B2B transactions The extensive partnership will include the co-development of a dedicated center […]
SC Ventures has signed a strategic partnership with Sanabil Studio to build and scale high-impact, SME-focused fintech ventures in Saudi Arabia, aligning with the Kingdom’s Vision 2030 economic transformation agenda. Under the collaboration, the two entities will explore venture creation initiatives and co-investment opportunities, with a focus on developing scalable fintech solutions that address key […]
Saudi Arabia-based fintech startup MUHIDE has closed a Series A funding round with Asyad Group for an undisclosed amount, marking a significant milestone in the company’s growth journey. Founded in 2023 by Hashim Alhussaini, MUHIDE focuses on authenticating and governing B2B trade transactions, with the ambition of building Saudi Arabia’s first unified trade ecosystem. The […]
Saudi Arabia-based media-focused investment platform Mersal Media Capital (MMC) has raised SAR 5 million (approximately $1.3 million) in its first funding round, led by an unnamed private investment fund. Founded by Abdulwahid Alhumaid and Anas Al Humaid, MMC is positioning itself as a dedicated media investment company targeting scalable and growth-ready digital media assets across […]
PayTic, a leading fintech modernizing and automating day-to-day payment operations for banks, fintechs, and processors, today announces that Arab Bank has become the first Bank in the Middle East to adopt its platform — marking a landmark moment in the region’s payment infrastructure evolution. Founded in 2020, PayTic provides a no-code, processor-agnostic platform that automates […]
RIYADH, Saudi Arabia, 29 January 2026: Ghanem announced the launch of fractional ownership of real estate in Saudi Arabia under the regulatory sandbox of the Real Estate General Authority (REGA), marking a key milestone in expanding access to regulated real estate investment in the Kingdom. The launch enables eligible Saudi investors to own officially registered […]
Riyadh, Saudi Arabia — Saudi Arabia-based e-commerce technology startup Juthor has raised $500,000 (SAR 1.875 million) in a pre-seed funding round led by Flat6Labs, with participation from a group of angel investors. Founded in 2025 by Lolwah Binsaedan and Irfan Khan, Juthor is addressing a growing pain point for online retailers: managing sales, inventory, and […]
Vennre enables high-earning professionals to access curated private market investments, reducing barriers and supporting long-term, diversified wealth creation. UK-based Vennre, a wealth creation platform, has raised $9.6 million in a pre-Series A funding round through a hybrid equity and debt structure. The round was co-led by Vision Ventures and anb seed Fund, with participation […]
Riyadh, Saudi Arabia – January 22, 2026: EdfaPay is pleased to announce the official activation of its Smart SoftPOS services in the Saudi market, following the successful completion of the required technical approvals from the Payments Authorization Center at the Saudi Central Bank (SAMA), in accordance with the applicable compliance and security standards. This will […]
GulfBoost Technology (GBT) has announced the successful closing of a SAR 5 million pre-seed funding round, marking a key milestone in the company’s growth within Saudi Arabia’s telecommunications and information technology sectors. The round was led by Abdulaziz bin Abdullah Al-Zamil & Sons Investment Company, with participation from a group of angel investors and investment […]