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Saudi Arabia

Stake Launches First Real Estate Development Fund in Saudi Arabia

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Stake, a real estate investment platform based in Dubai and Riyadh, has launched its first private real estate development fund in Saudi Arabia. The fund is located in Riyadh’s Al Malqa district, near major commercial and government zones including the King Abdullah Financial District and the Diplomatic Quarter. It is fully Shariah-compliant and open to […]

The post Stake Launches First Real Estate Development Fund in Saudi Arabia appeared first on Fintechnews Middle East.

MoneyGram and tiqmo Launch International Transfer Service in Saudi Arabia

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MoneyGram, a US-based global payments network, has announced a partnership with tiqmo, a financial technology firm headquartered in Saudi Arabia. The collaboration allows tiqmo users in the Kingdom to send international money transfers to more than 200 countries and territories through MoneyGram’s global infrastructure. The integration gives tiqmo users access to over five billion digital […]

The post MoneyGram and tiqmo Launch International Transfer Service in Saudi Arabia appeared first on Fintechnews Middle East.

Saudi Digital Bank D360 Eyes Series A in 2025, Targets Global Investors

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Saudi Arabia’s digital bank D360, backed by the Public Investment Fund (PIF), is in preliminary discussions with potential global investors as it prepares for a Series A funding round slated for the second half of 2025. The Shariah-compliant bank, which began operations in December, aims to complete the fundraising in the first quarter of 2026, […]

The post Saudi Digital Bank D360 Eyes Series A in 2025, Targets Global Investors appeared first on Fintechnews Middle East.

Stride Ventures Expands in Saudi as Venture Debt Surges in GCC

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Stride Ventures, a India-based player in venture debt, has announced a significant expansion across the Gulf Cooperation Council (GCC), with Saudi Arabia at the centre of its regional strategy. This includes doubling its local team and opening a second regional office, signalling a growing focus on alternative financing models in the region. The announcement aligns […]

The post Stride Ventures Expands in Saudi as Venture Debt Surges in GCC appeared first on Fintechnews Middle East.

Stitch Raises $10M to Improve Financial Infrastructure in MENA

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Stitch, a Saudi Arabia-based platform for launching and scaling financial products, has announced the close of a US$10 million seed funding round. The round was led by Arbor Ventures, COTU Ventures, Raed Ventures, and SVC, with participation from family offices and industry figures including Marqeta founder Jason Gardner and Abdulmalik AlSheikh, known for his role […]

The post Stitch Raises $10M to Improve Financial Infrastructure in MENA appeared first on Fintechnews Middle East.

Stitch Raises $10M to Improve Financial Infrastructure in MENA

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Stitch, a Saudi Arabia-based platform for launching and scaling financial products, has announced the close of a US$10 million seed funding round. The round was led by Arbor Ventures, COTU Ventures, Raed Ventures, and SVC, with participation from family offices and industry figures including Marqeta founder Jason Gardner and Abdulmalik AlSheikh, known for his role […]

The post Stitch Raises $10M to Improve Financial Infrastructure in MENA appeared first on Fintechnews Middle East.

GCC Customers Push for Blended Digital and In-Person Banking

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A new survey by Arthur D. Little (ADL), covering 24 banks in the UAE and 18 in the Kingdom of Saudi Arabia (KSA), finds that customers across the Gulf Cooperation Council (GCC) are increasingly seeking integrated omnichannel banking experiences that balance digital convenience with human interaction. The findings show both distinct and converging trends in […]

The post GCC Customers Push for Blended Digital and In-Person Banking appeared first on Fintechnews Middle East.

Qashio Raises $19.8M to Fuel MENA and Saudi Expansion

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Dubai-based business-to-business (B2B) spend management platform Qashio has secured US$19.8 million in its latest funding round, comprising both equity and non-equity financing. The round was led by existing investor Rocketship, a Silicon Valley-based venture capital firm, with further participation from ABN Ventures, MITAA, and Oneway VC. New strategic investors, including Luxembourg’s MoreThan Capital, major banks […]

The post Qashio Raises $19.8M to Fuel MENA and Saudi Expansion appeared first on Fintechnews Middle East.

PayTabs Unveils Saudi-Built AI Payment Platform

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PayTabs Group, a MENA-based payment orchestration company, has announced the launch of its upgraded AI-powered payment orchestration platform. Developed over four months in Saudi Arabia, the platform is expected to surpass SAR 325 billion in transaction processing, supporting the Kingdom’s financial inclusion and digital transformation goals. Among its recent initiatives, PayTabs launched the AI Payment […]

The post PayTabs Unveils Saudi-Built AI Payment Platform appeared first on Fintechnews Middle East.

Buenos Aires-Based Globant Opens Middle East HQ in Riyadh

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Globant, a digital services company founded in Buenos Aires, Argentina, has opened its Middle East regional headquarters in Riyadh, Saudi Arabia. This development follows the company’s entry into the region less than three years ago. The Riyadh office will focus on AI and digital customer experience, integrating local talent into its operations. “Reinvention is Globant’s […]

The post Buenos Aires-Based Globant Opens Middle East HQ in Riyadh appeared first on Fintechnews Middle East.

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