Geidea Partners with Lean Technologies

Geidea Partners with Lean Technologies to Streamline Efficiency through Open Banking

Riyad, Saudi Arabia – Geidea, a leader in fintech innovation, is excited to announce a strategic partnership with Lean Technologies. This collaboration is designed to accelerate transaction digitization and elevate Geidea’s technological and financial solutions. The partnership enables Geidea to offer seamless IBAN verification without the need for physical documentation, providing customers with a fast, […]

neoleap and Primary Forge Strategic Partnership

neoleap and Primary Forge Strategic Partnership to Drive Business Growth in the KSA

Riyadh, Saudi Arabia – neoleap, a leading financial technology company, has announced the signing of a strategic partnership agreement with Primary for Cashier System. This collaboration is set to empower Primary’s customers by integrating neoleap’s cutting-edge solutions, enabling them to accelerate business growth and enhance operational efficiency. The partnership will allow Primary’s clientele to leverage […]

Saudi’s e-gifting platform Resal Secure $9 million Funding to Accelerate Growth in the Kingdom

Saudi’s e-gifting platform Resal Secure $9 million Funding to Accelerate Growth in the Kingdom

Riyadh, Saudi Arabia – Resal, a leading Saudi company specializing in digital cards, rewards solutions, and loyalty programs, has successfully closed a $9 million investment round. This round saw participation from prominent investors, including Derayah Ventures Fund, Al-Wafrah AlThanya Investment Company, Venture Souq FinTech Fund, ADDiriyah Asset Management, Nomad Holdings, Bugshan Investment Group, and a […]

Saudi’s Asas closes $320,000 Pre-Seed Propel Growth of Resquad AI Platform

Saudi’s Asas closes $320,000 Pre-Seed Propel Growth of Resquad AI Platform

Riyadh, Saudi Arabia – August 19, 2024 – Asas Specialised Information Technology, the parent company behind the innovative Resquad AI platform, today announced the successful closure of a SAR 1.2 million pre-seed funding round. The investment, secured from prominent angel investors, is set to accelerate the company’s growth and further enhance its pioneering solutions, which […]

Saudi Startup Yalla Plus Raises $2.7M In Seed Round Led By Merak Capital

Saudi Startup Yalla Plus Raises $2.7M In Seed Round Led By Merak Capital

Riyadh, Saudi Arabia – Yalla Plus, a Riyadh-based tech company, has successfully closed a $2.7 million seed funding round, positioning itself as a rising star in the global restaurant and café technology space. The funding round was led by Merak Capital, with significant contributions from Khwarizmi Ventures, the American firm Isometry, and a group of […]

Saudi’s Mithu secures $500,000 pre-Seed from Adaverse to Revolutionize Restaurant Loyalty Programs with Web3

Saudi’s Mithu secures $500,000 pre-Seed from Adaverse to Revolutionize Restaurant Loyalty Programs with Web3

Riyadh, Saudi Arabia — Adaverse, a prominent Web3 venture builder, has committed a $500,000 pre-seed investment in Mithu, an emerging loyalty platform aggregator designed specifically for restaurants and cafes in Saudi Arabia. This strategic investment is poised to transform the loyalty program landscape in the Kingdom by addressing a significant pain point for both customers […]

Athir, Saudi-Based Health Tech Innovator, Closes First Investment Funding Round

Athir, Saudi-Based Health Tech Innovator, Closes First Investment Funding Round

Riyadh – Athir, a pioneering health tech company in Saudi Arabia, has successfully closed its first investment funding round, marking a significant milestone in its mission to revolutionize the healthcare sector. The round saw participation from prominent investors, including Wa’ed Ventures, SHARE Investment Co., and RZM Investment. Founded in 2017 by Jawad Chaudhry, Ahmad AlJehani, […]

Tamara Partners with Al-Dawaa Medical Services Co.

Tamara Partners with Al-Dawaa Medical Services Co. to Enhance Payment Solutions Across 900+ Locations in the KSA

Tamara, a leading buy now, pay later (BNPL) provider in the Middle East, has officially partnered with Al-Dawaa Medical Services Co., one of Saudi Arabia’s largest and most prominent retail pharmacy chains. This collaboration aims to bring seamless and flexible payment solutions to millions of customers, both in-store and online. Under this partnership, Tamara’s payment […]

Saudi Social Networking Platform "Link" Secures $1.6 Million in Seed Funding Round

Saudi Social Networking Platform “Link” Secures $1.6 Million in Seed Funding Round

August 8, 2024 – Riyadh, Saudi Arabia: Saudi-based social networking platform “Link” has successfully closed its seed funding round, raising $1.6 million. The funding round was led by Core Vision, alongside prominent Saudi investor Badr Al-Arjani. Founded in 2020 by Abdullah Al-Othman, Link has quickly made its mark in the digital space, offering an array […]

TWLM secures $270,000 Investment to Support Expansion in Saudi Arabia

TWLM secures $270,000 Investment to Support Expansion in Saudi Arabia

Riyadh, August 8, 2024 – Twlm Information Technology, a rising star in the tech industry, has successfully secured a SAR 1 million investment in a funding round led by B Group, a prominent Saudi-based investment firm. The round also saw participation from a group of angel investors who have expressed strong confidence in Twlm’s innovative […]