MENA Fintech Association

Saudi’s PetroApp Secures $50M to Support IPO and Expansion

PetroApp, a Saudi Arabia-based independent digital platform for fuel payments, fleet management, and vehicle services, has closed a US$50 million funding round. The investment was led by Jadwa Investment through its GCC Diversified Private Equity Fund, with additional participation from Bunat Ventures. Established in 2018, PetroApp is Saudi Arabia’s first standalone provider of cashless fuel […]

The post Saudi’s PetroApp Secures $50M to Support IPO and Expansion appeared first on Fintechnews Middle East.