Saudi real estate tokenization platform Jozo has announced the issuance of the Kingdom’s first tokenized real estate deed through a private-sector platform, marking a landmark development in the country’s property and investment landscape. According to the company’s press release, the issuance was completed within the regulatory sandbox of the Real Estate General Authority (REGA), with […]
Riyadh, Saudi Arabia – Exel by Merak, a subsidiary of Merak Capital and Saudi Arabia’s premier innovation platform company, has concluded the Demo Day for its second gaming accelerator cohort, marking the completion of a 13-week program. The 17 startups collectively received an investment of USD 5.1 million from Merak Gaming fund through Exel Gaming Accelerator. Hosted […]
Moody’s Corporation (NYSE: MCO) announced today that it has established a regional headquarters (RHQ) in Riyadh, Saudi Arabia, reflecting Moody’s ongoing commitment to support the development of the Kingdom’s capital markets and economy. This investment aligns to the Kingdom’s Vision 2030 initiative, and underscores its dynamism and growth. The new RHQ marks an expansion of […]
Subtitle: The partnership will support future institutional connectivity between ZagTrader’s financial infrastructure and KuCoin’s digital asset ecosystem, enabling structured access to global crypto markets. Dubai, United Arab Emirates, February 20,2026: ZagTrader today announced a strategic partnership with KuCoin, a leading global digital asset platform, as part of its ongoing mission to expand institutional access to […]
HUMAIN invested $3 billion in xAI’s Series E round just prior to its acquisition by SpaceX, positioning itself at a pivotal moment of platform-scale expansion and integration. As a result of the transaction, HUMAIN became a significant minority shareholder, with its xAI holdings converted into SpaceX shares. The investment builds on HUMAIN and xAI’s 500MW […]
Riyadh, Saudi Arabia – Mastercard and Google are collaborating to further enhance the availability and usage of Google Pay in the Kingdom of Saudi Arabia. The recently launched Google Pay gives consumers a simple, secure and convenient way to make payments using their Android smartphones. In line with Vision 2030 and the ongoing joint efforts supports […]
Saudi fintech startup MADFU has secured SAR 95 million (approximately $25.5 million) in a Pre-Series A funding round led by AFAQ Capital, with additional participation from angel investors. Founded in 2022 by Abdullah Albrahim, Ahmad Alwosheel, and Anas AlShaqir, MADFU operates as a Sharia-compliant Buy Now, Pay Later (BNPL) platform licensed by the Saudi Central […]
Riyadh, Saudi Arabia – Saudi-based fuel and energy infrastructure fintech CASHIN | كاشـن has successfully closed a SAR 60 million (approximately $16 million) Series A investment round, led by Impact46, marking a major milestone in its growth journey. Founded in 2021 by Omar Al-Ramah, Abdulkarim Zureik, and Obay AlMadi, CASHIN is building the digital infrastructure […]
Mirsad AI is the first AI-native AML compliance engine built for GCC financial institutions and regulatory authorities — and one of the first of its kind worldwide — trained on both fiat and blockchain transaction data, and registered with the Qatar Financial Centre (QFC). Why it matters now: The global AML market is valued at […]
Riyadh, Saudi Arabia — Saudi Arabia-based food and beverage SaaS startup Jazr.io has raised SAR 800,000 (approximately $213,000) in a pre-seed funding round led by a group of angel investors. Founded in 2024 by Mohammed Almoshwah, Jazr.io (جزر) provides accounting and inventory management solutions tailored for restaurants and cafés, enabling small and medium-sized F&B businesses […]