MENA Fintech Association

Top 9 Fintech Events to Attend in Saudi Arabia in Q4 2025 and 2026

Fintech in Saudi Arabia is growing at a rapid pace, fueled by an expanding startup ecosystem, a rising talent pool, and continued strong capital inflows. According to Fintech Saudi’s annual fintech report, Saudi Arabia is now home to 261 fintech companies, up 21% from 216 a year earlier and 13% above the target of 230 […]

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MoneyHash Names Abdullah Khayat as Country Director for Saudi

MoneyHash, a payment orchestration platform, has appointed Abdullah Khayat as Country Director and General Manager for Saudi Arabia. Khayat brings over a decade of experience in driving growth and digital transformation across the financial services, fintech, retail, and government sectors in Saudi Arabia and the wider MENA region. The company aims to strengthen its presence […]

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SAB Invest and Stride Ventures Partner to Boost Saudi VC Sector

Saudi-based SAB Invest has announced a partnership with Stride Ventures, an India-based growth debt and private credit platform, to strengthen Saudi Arabia’s venture capital ecosystem by introducing international expertise and firms into the local market. The collaboration marks SAB Invest’s expansion into startup-focused investments and private credit for SMEs. It also enables Stride Ventures to […]

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Hong Kong, Saudi Arabia Deepen Cooperation in Innovation and Technology

A business delegation jointly organised by the Government of the Hong Kong Special Administrative Region (HKSAR) and the Hong Kong Trade Development Council (HKTDC), led by Financial Secretary Paul Chan, visited Riyadh, Saudi Arabia, from 27 to 31 October. The delegation attended the Future Investment Initiative (FII) Summit and held meetings with senior government officials […]

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Tabby Valued at $4.5 Billion Following Secondary Share Sale

Tabby, a financial services app headquartered in Saudi Arabia, has completed a secondary sale of shares held by certain existing investors. HSG, Boyu Capital and others acquired these shares, implying a company valuation of US$4.5 billion. No new shares were issued, and Tabby did not receive any proceeds from the transaction. Hosam Arab, CEO and […]

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HUMAIN and AirTrunk Partner on $3B Data Centre Project in Saudi

HUMAIN, a Saudi-based AI company, and AirTrunk, a data centre platform in the Asia-Pacific region, have announced a strategic partnership to develop data centres in Saudi Arabia. The first project involves an investment of around US$3 billion to establish a large-scale data centre campus in the country. The partnership combines HUMAIN’s role as Saudi Arabia’s […]

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Saudi Insurtech Najeeb.ai Secures Pre-Seed Funding for AI-Driven Growth

Saudi-based Najeeb.ai, a platform integrating AI with insurance technology, has announced the successful completion of its pre-Seed funding round, supported by a group of local and regional angel investors. The funding will be directed towards the development of AI-driven products, expanding integrations with insurance companies and healthcare providers, and enhancing operational capabilities ahead of both […]

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JCB, STC Bank Partner to Explore Card Acceptance in Saudi Arabia

JCB International, the international operations subsidiary of JCB, Japan’s only international payment brand, and STC Bank have signed a MoU to begin discussions on enabling JCB payment acceptance in Saudi Arabia. The MOU provides a framework for both organisations to explore opportunities to expand card acceptance and improve payment services for JCB customers in Saudi […]

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Jeel and Mambu Collaborate to Develop Saudi’s Fintech Sandbox

Jeel, the innovation and technology subsidiary of Riyad Bank, has partnered with Mambu, a global cloud-native core banking platform, to enhance the unified ecosystem supported by the newly launched Jeel Sandbox. The Jeel Sandbox, developed in collaboration with Fintech Saudi, is Saudi Arabia’s first fintech sandbox accelerator aimed at enabling startups, financial institutions, and innovators […]

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The Hidden Champion of Digital Payments Empowering Acquiring Leaders

Imagine running a modern city’s transportation network on a century-old single-track railway. That’s the reality many acquirers face today. Their legacy systems are unable to keep up with real-time digital commerce. While everyone sees the tap, click, or swipe, few realise that the true enabler of speed, personalisation, and profitability in merchant acquiring is the […]

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