InvestSky and anb Capital Partner on CMA-Approved Social Trading Expansion in Saudi Arabia
RIYADH, Saudi Arabia – February 9, 2026 – InvestSky and anb Capital announced a flagship partnership to deliver social trading services in Saudi Arabia following InvestSky’s receipt of a Capital Market Authority (CMA) Financial Technology Experimental Permit. The collaboration enables seamless access to U.S. and local equities for retail investors. InvestSky secured $4 million in seed funding, bringing total capital raised to $7.4 million.
Announcement Specifics
InvestSky, a MENA social trading platform regulated by the Dubai Financial Services Authority (DFSA), secured the CMA permit for social trading experimentation in Saudi Arabia. The partnership merges InvestSky’s technology platform with anb Capital’s regulatory infrastructure and market expertise, targeting cost-efficient market access for retail investors. Funding participants included Emkan Capital, Run Ventures, S3 Ventures (Joa Capital), Al-Romaizan Family Office, and undisclosed additional investors. The CMA permit was granted prior to the February 9, 2026 partnership announcement in Riyadh.
Stakeholder Perspectives
“This is an exciting milestone for InvestSky as we receive the CMA Fintech Experimental Permit. The journey hasn’t been easy, which makes this achievement even more meaningful. We’re especially proud to partner with a leading institution like anb Capital. This is the first model of its kind in Saudi Arabia, and we hope it serves as a blueprint for future collaborations. We extend our gratitude to all stakeholders involved: CMA, anb Capital, our investors and Fintech Saudi for their trust and support.”
— Turki Alalshaikh, Co-Founder and Managing Director at InvestSky
Why it matters: This pioneering regulatory model is vital for fintech scaling in conservative markets.
“This partnership reflects our commitment to enabling responsible fintech innovation within a fully regulated framework. By combining InvestSky’s technology with anb Capital’s regulatory infrastructure and market experience, we are supporting broader investor participation while maintaining the standards expected of the Saudi capital market.”
— Khalid Alghamdi, CEO at anb Capital
Why it matters: Emphasizes compliance standards amid Saudi Arabia’s fintech sandbox initiatives.
Industry Context
Saudi Arabia’s CMA regulatory sandbox fosters innovations including social trading platforms as part of Vision 2030’s financial diversification objectives. Social trading platforms bridge novice investors to experienced traders through copy-trading functionality, addressing barriers to market entry for retail participants. The partnership blueprint could accelerate UAE-Saudi fintech corridors, expanding cross-border retail participation between Dubai operational hubs and Riyadh-based regulatory frameworks.
Conclusion
InvestSky’s Saudi Arabia expansion positions the platform to capture the Kingdom’s retail investment market, with plans to enhance investor tools for underserved segments and establish similar regulated partnerships across MENA markets.
Sources: Zawya, Capital Market Authority, CMA Fintech, InvestSky, Wamda
