Riyadh, Saudi Arabia – August 21, 2024: Arab National Bank (ANB) has signed a strategic cooperation agreement with the Cultural Development Fund (الصندوق الثقافي) to provide tailored financing solutions for micro, small, and medium-sized enterprises (MSMEs) within the cultural sector. This collaboration aims to empower and support the growth of cultural enterprises across Saudi Arabia […]
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, […]
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 […]
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 […]
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 […]
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 […]
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, 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 […]
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 […]
Riyadh, Saudi Arabia – August 6, 2024 – Hawsabah (حوسبة), a leading technology solutions provider, has announced a strategic partnership with Zoom, a global leader in communication and connectivity solutions. This collaboration aims to deliver comprehensive solutions to clients across the Kingdom of Saudi Arabia, empowering businesses with cutting-edge technologies that foster growth and collaboration. […]