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Top 50 Payments VC Funds & Investors in Saudi Arabia (June 2026)

The most active venture capital funds investing in Saudi Arabia Payments startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Saudi Arabia Payments startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Raed Ventures
VC Fund
6 Saudi Arabia, United Arab Emirates, Egypt Seed, Series A, Pre-Seed E-Commerce, Software, Financial Services $400k–$33M
Vision Ventures
VC Fund
5 Saudi Arabia, United Arab Emirates, Egypt Seed, Series A, Pre-Seed Information Technology, Software, E-Commerce $60k–$27M
HALA Ventures
VC Fund
4 United Arab Emirates, Saudi Arabia, Egypt Seed, Series A, Pre-Seed FinTech, Software, Financial Services $500k–$35M
Arzan Venture Capital
VC Fund
3 United Arab Emirates, Egypt, Saudi Arabia Seed, Series A, Pre-Seed Software, E-Commerce, SaaS $180k–$25M
Khwarizmi Ventures
VC Fund
3 Saudi Arabia, United Arab Emirates, Egypt Seed, Series A, Pre-Seed Software, E-Commerce, FinTech $1M–$37M
Saudi Venture Capital Company
VC Fund
3 Saudi Arabia, Germany, United States Seed, Series A, Series B FinTech, Software, E-Commerce $427k–$124M
Impact46
VC Fund
3 Saudi Arabia, United Arab Emirates, Egypt Seed, Series A E-Commerce, Financial Services, FinTech $1M–$22M
STV
VC Fund
3 Saudi Arabia, United Arab Emirates, United States Series A, Series B, Seed E-Commerce, Financial Services, Predictive Analytics $2.1M–$54M
BYLD
VC Fund
2 United States, United Kingdom, Nigeria Seed, Pre-Seed, Series A Financial Services, Payments, FinTech $120k–$6.5M
Oryx Fund
VC Fund
2 United Arab Emirates, Saudi Arabia, Egypt Seed, Pre-Seed, Series A Software, SaaS, FinTech $1M–$15M
Riyad TAQNIA Fund (RTF)
VC Fund
2 Saudi Arabia, United Arab Emirates, Jordan Series A, Series B, Seed Internet, Software, Information Technology $1M–$125M
Outliers Venture Capital
VC Fund
2 Saudi Arabia, Egypt, United States Seed, Series A, Pre-Seed E-Commerce, Software, Financial Services $918k–$33M
Arbor Ventures
VC Fund
2 United States, Singapore, Japan Series A, Series B, Series C FinTech, Financial Services, Finance $6M–$175M
Wa’ed Ventures
VC Fund
2 Saudi Arabia, United Arab Emirates, United States Seed, Series A Software, Information Technology, Artificial Intelligence $600k–$28M
Business Innovation Mine (BIM)
VC Fund
2 Saudi Arabia Seed, Pre-Seed Apps, Financial Services, SaaS $852k–$7.5M
Merak Capital
VC Fund
2 Saudi Arabia, United Arab Emirates, United States Seed, Pre-Seed, Series A Gaming, Software, Financial Services $480k–$30M
Oqal
VC Fund
2 Saudi Arabia, United Arab Emirates, Egypt Seed, Pre-Seed, Series A E-Commerce, Software, Information Technology $100k–$10M
ANB Capital
VC Fund
2 Saudi Arabia, Egypt, Kuwait Seed, Series A, Series B FinTech, Financial Services, Finance $5M–$124M
Tech Invest Com
VC Fund
2 Saudi Arabia, United Arab Emirates, Jordan Series A, Seed, Series B Predictive Analytics, Software, E-Commerce $2M–$29M
BECO Capital
VC Fund
2 United Arab Emirates, United States, Egypt Seed, Series A, Series B E-Commerce, Financial Services, Information Technology $905k–$60M
Saudi Venture Capital
VC Fund
1 Saudi Arabia, Turkey, Tunisia Seed, Series B, Series A E-Commerce, Predictive Analytics, Internet $300k–$68M
Faith Capital
VC Fund
1 United Arab Emirates, Kuwait, Saudi Arabia Seed, Series A, Series B E-Commerce, Internet, Software $100k–$50M
Wallan Group
VC Fund
1 Saudi Arabia Seed, Pre-Seed Payments, Real Estate, Financial Services
Shorooq Partners
VC Fund
1 United Arab Emirates, Saudi Arabia, United States Seed, Series A, Pre-Seed Financial Services, FinTech, E-Commerce $750k–$33M
Mine
VC Fund
1 Saudi Arabia Seed Apps, Sales, Payments
Alkhaila Investment
VC Fund
1 Saudi Arabia Seed FinTech, Payments, E-Commerce
Palm Ventures
VC Fund
1 United States, Australia, Saudi Arabia Seed, Angel FinTech, Software, SaaS $1.5M–$3.7M
InspireUs
VC Fund
1 Saudi Arabia Pre-Seed Payments, Financial Services, Information Technology
Alinma Bank
VC Fund
1 Saudi Arabia Post-IPO Debt, Seed, Debt Financing Energy, Rental, Medical $12M–$810M
Derayah Venture Capital
VC Fund
1 Saudi Arabia, United Arab Emirates Seed, Series A, Series B FinTech, Financial Services, Predictive Analytics $1.6M–$27M
Nuwa Capital
VC Fund
1 United Arab Emirates, Saudi Arabia, Egypt Seed, Pre-Seed, Series B E-Commerce, FinTech, Financial Services $350k–$72M
Middle East Venture Partners (MEVP)
VC Fund
1 United Arab Emirates, Lebanon, United States Series A, Seed, Series B E-Commerce, Financial Services, FinTech $420k–$50M
Joa Capital
VC Fund
1 United Arab Emirates, Saudi Arabia, Kuwait Seed, Series A, Pre-Seed FinTech, PropTech, Information Technology $1M–$35M
Stc
VC Fund
1 Saudi Arabia Series A Software, E-Commerce, Electronics $14M–$27M
Saudi Aramco Entrepreneurship Ventures
VC Fund
1 Saudi Arabia, India, Luxembourg Series A, Seed Information Technology, Software, Apps $506k–$25M
Raz Group
VC Fund
1 Saudi Arabia, United Arab Emirates Seed, Pre-Seed, Convertible Note Events, Advertising, Media and Entertainment $550k–$2.5M
Isometry Capital
VC Fund
1 Saudi Arabia Seed Payments, Software, Enterprise Software
Integrated Networks
VC Fund
1 United Arab Emirates, Saudi Arabia Seed, Series A FinTech, Mobile, Internet $1M–$2.3M
Wealth Well
VC Fund
1 United Arab Emirates, Saudi Arabia, Egypt Seed, Pre-Seed, Series A FinTech, Financial Services, E-Commerce $1.6M–$5.6M
Waad Investment
VC Fund
1 Saudi Arabia, United Arab Emirates, Oman Seed, Pre-Seed Financial Services, FinTech, Software $750k–$15M
Aqar
VC Fund
1 Saudi Arabia Seed, Series A PropTech, Real Estate, Rental $4M–$15M
Wamda Capital
VC Fund
1 United Arab Emirates, Turkey, Jordan Seed, Series A, Series B E-Commerce, Software, Financial Services $600k–$47M
Scene Holding
VC Fund
1 Saudi Arabia, United Arab Emirates Seed, Pre-Seed Mobile Apps, Artificial Intelligence, Apps $2M–$3.2M
SEEDRA Ventures
VC Fund
1 Saudi Arabia, United Arab Emirates, Egypt Seed, Series A, Pre-Seed FinTech, Financial Services, Predictive Analytics $120k–$35M
Nufud Wealth International
VC Fund
1 Saudi Arabia Seed Payments, Financial Services, Information Technology
Basmah Commercial Invesment Co
VC Fund
1 Saudi Arabia Seed Payments, Financial Services, Information Technology
Nama Ventures
VC Fund
1 Saudi Arabia, Egypt, United Arab Emirates Seed, Pre-Seed, Series A E-Commerce, Information Technology, B2B $100k–$35M
Aljazira Capital
VC Fund
1 Saudi Arabia, Egypt, Kuwait Seed, Series A, Series B FinTech, Internet, Financial Services $3M–$16M
Sanabil
VC Fund
1 United States, Saudi Arabia, United Arab Emirates Pre-Seed, Series B, Series A FinTech, E-Commerce, Artificial Intelligence $100k–$513M
Rua Growth Fund
VC Fund
1 Saudi Arabia, United Arab Emirates, Bahrain Seed, Series A, Series B Financial Services, FinTech, Software $2.3M–$30M
Access all 74 VC funds in Saudi Arabia Payments startups.

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822 industries, 177 countries. Updated daily. Emails and phones included.

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Investor list

Raed Ventures
VC Fund · Dammam, Ash Sharqiyah, Saudi Arabia · 6 investments in Saudi Arabia Payments startups

We partner with exceptional founders building breakthrough companies and creating scalable impact in MENA region

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Investment focus

  • Industry: E-Commerce, Software, Financial Services
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Saudi Arabia, United Arab Emirates, Egypt

Investor stats

  • Total investments: 96
  • Round size: Seed $600k–$10M; Pre-Seed $400k–$13M; Series A $3.6M–$33M
  • Lead/follow: 47% lead, 53% follow

Portfolio highlights

  • Grinta — Grinta is a pharmaceutical supply chain that uses AI and ML to empower local pharmacies. It is a managed marketplace that is modernizing the pharmaceutical supply chain by empowering independent pharmacies across Africa through AI & ML technologies.
  • Zeal — Zeal transforms your current card machines, enabling them to unlock powerful insights and deliver seamless loyalty. Zeal integrates with all card machines and is trusted by industry leaders.
  • Zarya App — Earn without investment.
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Vision Ventures
VC Fund · Dammam, Ash Sharqiyah, Saudi Arabia · 5 investments in Saudi Arabia Payments startups

Vision Ventures (VV) is an early stage venture capital firm founded by experienced entrepreneurs. Its slogan is:"By Entrepreneurs for Entrepreneurs". We invest in innovative startups in the Seed and Series A across a wide range of verticals. We help startups realize their dreams and make a difference in a noisy world. We are an energeticteam that has a wealth of experience in starting companies and steering them to success and hyper growth. Our combined experience spans over 90 years in multiple countries which gives us extensive experience in multi-national, multi-cultural teams. We provide startups with hands on assistance and guidance on marketing, sales, product/service development, financial planning and management, expansion & growth strategy, and more.

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Investment focus

  • Industry: Information Technology, Software, E-Commerce
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Saudi Arabia, United Arab Emirates, Egypt

Investor stats

  • Total investments: 116
  • Round size: Seed $100k–$5.6M; Pre-Seed $60k–$1.3M; Series A $1.3M–$27M
  • Lead/follow: 21% lead, 79% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • Cognna — Simplify cybersecurity solutions management with COGNNA's comprehensive XDR platform for threat hunting and compromise assessment.
  • Syarah — Syarah is an online cars marketplaces.
  • Quantum Platform — Quantum | B2B platform to acquire new customers, use our marketing & consumer behavior analysis tools to reach your exact target audience right to their doorsteps!
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HALA Ventures
VC Fund · Khobar, Ash Sharqiyah, Saudi Arabia · 4 investments in Saudi Arabia Payments startups

Technology VC that empowers GCC’s startups in their early-growth stages.

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Investment focus

  • Industry: FinTech, Software, Financial Services
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United Arab Emirates, Saudi Arabia, Egypt

Investor stats

  • Total investments: 34
  • Round size: Seed $600k–$5.6M; Pre-Seed $550k–$730k; Series A $500k–$35M
  • Lead/follow: 9% lead, 91% follow

Portfolio highlights

  • Nearpay — Focus On Building Deep Technology To Create Innovations
  • Omniful — Omniful's modular platform replaces legacy systems with AI-powered OMS, WMS, and TMS. Streamline fulfillment, cut costs, and scale across channels.
  • Rize — Rize is a PropTech platform transforming rental payments for both residential and commercial properties. With its “Rent Now, Pay Later” service, Rize allows tenants to split their annual rent into manageable installments, which benefits both renters, who can better manage their rental budgets, and landlords, who can reach a larger consumer base andreceive their yearly rental payment in advance. By enhancing affordability and flexibility, Rize inherently boosts occupancy rates across the rental market.
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Arzan Venture Capital
VC Fund · Kuwait, Al Kuwayt, Kuwait · 3 investments in Saudi Arabia Payments startups

Arzan Venture Capital (Arzan VC) is a Kuwait-born VC firm that has been investing in startups with a MENA angle since 2014, making it one of the earliest VC firms in the region. Arzan VC's portfolio includes 30+ startups. The firm invests in young, fast-growing and innovative tech teams and it remains committed to building long-lastingrelationships with the region’s most talented entrepreneurs at an early stage.

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Investment focus

  • Industry: Software, E-Commerce, SaaS
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United Arab Emirates, Egypt, Saudi Arabia

Investor stats

  • Total investments: 55
  • Round size: Seed $500k–$3.7M; Pre-Seed $180k–$1.7M; Series A $3M–$25M
  • Lead/follow: 20% lead, 80% follow
  • Last fund: May invest from a new fund soon — last raise in 2018

Portfolio highlights

  • Fatura — Play the best slots, exciting sports betting, and real-time live dealer games at Pin Up Casino India. Get your welcome package worth up to $5,000 plus 250 free spins and kick off your winning journey today!
  • Hulexo — UAE's leading ERP software for retail businesses. Integrated data, accurate info, real-time insights.
  • Carseer — Carseer is a vehicle history reporting platform that offers vehicle history reports, enabling its users to make an informed decision when buying a new/used car.
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Khwarizmi Ventures
VC Fund · Riyadh, Ar Riyad, Saudi Arabia · 3 investments in Saudi Arabia Payments startups

Khwarizmi Ventures is a venture capital firm that seeks investments in startups with a passion for algorithms. It seeks to help create their vision, as they embark on a journey together that aligns their goals to improve quality of life using technology powered by algorithms. .

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Investment focus

  • Industry: Software, E-Commerce, FinTech
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Saudi Arabia, United Arab Emirates, Egypt

Investor stats

  • Total investments: 57
  • Round size: Seed $1.6M–$16M; Pre-Seed $1M–$2.4M; Series A $5.5M–$37M
  • Lead/follow: 26% lead, 74% follow

Portfolio highlights

  • Calo — Analyze your nutritional needs and subscribe to a convenient meal plan that's designed for you in under 2 minutes.
  • Buildnow — BuildNow is MENAP's first "Build Now Pay Later" solution. We fund the raw materials construction & manufacturing SMEs need, while providing credit terms tailored to optimize their cash flow and supercharge their growth.
  • Simplified Financial Solutions Company — Simplified Financial Solutions Company offers startups and SMEs financial management solutions including the ability to issue virtual and physical corporate cards, manage spending and automate expense reporting.
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Saudi Venture Capital Company
VC Fund · Riyadh, Ar Riyad, Saudi Arabia · 3 investments in Saudi Arabia Payments startups

SVC has backed 31 VC and PE Funds and 5 Angel Groups that supported 525 Startups and SMEs via $1.6 Billion AUM INVESTMENTS 1.

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Investment focus

  • Industry: FinTech, Software, E-Commerce
  • Stage:Seed, Series A, Series B
  • Geography: Saudi Arabia, Germany, United States

Investor stats

  • Total investments: 24
  • Round size: Seed $427k–$10M; Series A $1.1M–$25M; Series B $5M–$124M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Stitch — The simplest way to build financial products. Stitch is the unified platform to launch and scale. Shaping the new age of banking and payments.
  • Intelmatix — Intelligent Informatics Technologies Intelmatix is a deep tech AI company offering Enterprise AI that is accessible providing cutting-edge Decision Intelligence software that gives organizations a competitive advantage in the new AI era. LEARN MORE Capabilities Intelmatix develops technology platforms that integrate sector knowledge with expertise in data sensing, data processing, data analysis, data visualization and interaction.
  • Baraya Extended Care — Baraya is a company specializing in rehabilitation treatment, committed to providing high-quality rehabilitation treatment services to patients.
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Impact46
VC Fund · Riyadh, Ar Riyad, Saudi Arabia · 3 investments in Saudi Arabia Payments startups, 10 in the past 12 months

Impact 46 is an asset manager and advisor that specializes in alternative investment opportunities. The firm provides innovative investment products and services to local & international institutions, family groups, endowments, and high net worth investors.

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Investment focus

  • Industry: E-Commerce, Financial Services, FinTech
  • Stage:Seed, Series A
  • Geography: Saudi Arabia, United Arab Emirates, Egypt

Investor stats

  • Total investments: 74
  • Round size: Seed $1M–$5M; Series A $5M–$22M
  • Lead/follow: 50% lead, 50% follow
  • Last fund: Likely still investing — fund raised in 2023

Portfolio highlights

  • Cognna — Simplify cybersecurity solutions management with COGNNA's comprehensive XDR platform for threat hunting and compromise assessment.
  • Spoilz — Play innovative new games with Spoilz, your one-stop destination for gaming joy. From casual to strategy, experience the best in gaming today!
  • Holo — Find your dream home with Holo, the digital home-buying platform in the UAE. Get expert help, compare mortgages, and simplify your journey to ownership!
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STV
VC Fund · Riyadh, Ar Riyad, Saudi Arabia · 3 investments in Saudi Arabia Payments startups

STV is a $500M technology venture capital fund headquartered in Riyadh, Saudi Arabia

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Investment focus

  • Industry: E-Commerce, Financial Services, Predictive Analytics
  • Stage:Series A, Series B, Seed
  • Geography: Saudi Arabia, United Arab Emirates, United States

Investor stats

  • Total investments: 65
  • Round size: Seed $2.1M–$25M; Series A $8M–$28M; Series B $20M–$54M
  • Lead/follow: 54% lead, 46% follow
  • Last fund: May invest from a new fund soon — raised $800M in 2017

Portfolio highlights

  • Tabby — tabby provides consumers across the GCC with the flexibility to pay for their online and in-store purchases in interest-free installments. tabby helps over 2,000 leading retailers grow their sales.
  • Intelmatix — Intelligent Informatics Technologies Intelmatix is a deep tech AI company offering Enterprise AI that is accessible providing cutting-edge Decision Intelligence software that gives organizations a competitive advantage in the new AI era. LEARN MORE Capabilities Intelmatix develops technology platforms that integrate sector knowledge with expertise in data sensing, data processing, data analysis, data visualization and interaction.
  • zenda — zenda is a fintech app for families. It enables families to pay school bills with pay-now and pay-later options, unlocking rewards when ever they pay.
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BYLD
VC Fund · London, England, United Kingdom · 2 investments in Saudi Arabia Payments startups

Byld Ventures is a corporate venture capital firm focusing on early-stage technology investments.

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Investment focus

  • Industry: Financial Services, Payments, FinTech
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, United Kingdom, Nigeria

Investor stats

  • Total investments: 23
  • Round size: Seed $200k–$6.5M; Pre-Seed $120k–$2.1M
  • Lead/follow: 13% lead, 87% follow

Portfolio highlights

  • Waza — Waza is a web platform with APIs. It helps startups and emerging market businesses manage their cash flow issues, invoicing needs, and international payment requirements.
  • Munify — Fast, secure, and cost-efficient cross-border payments powered by stablecoins. Send and receive money globally without delays, high fees, or the complexity
  • Stream — Stream is a company that helps make payments simpler, faster, and reliable.
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Oryx Fund
VC Fund · Abu Dhabi, Abu Dhabi, United Arab Emirates · 2 investments in Saudi Arabia Payments startups

Oryx Fund is a MENA-focused Investment fund from Hambro Perks. Investing in game-changing early-stage technology companies at late Seed and Series A, led by outstanding entrepreneurs in sectors we have deep expertise such as Fintech, Healthtech, Enterprise tech, Logistics tech, and Edtech.

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Investment focus

  • Industry: Software, SaaS, FinTech
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United Arab Emirates, Saudi Arabia, Egypt

Investor stats

  • Total investments: 28
  • Round size: Seed $1.1M–$15M; Pre-Seed $1M–$2.2M; Series A $5M–$13M
  • Lead/follow: 46% lead, 54% follow

Portfolio highlights

  • Coraly — Coraly is a real estate growth platform that unifies listings, leads, transactions, marketing, and compliance in one AI-powered system for agents and teams.
  • Qanooni — Qanooni is a legal technology company offering an AI-powered platform designed specifically for lawyers and legal professionals.
  • Valeo — Get your lab tests done at the comfort of your home anywhere in Dubai through our personalized mobile health tracker app. Hassle-free blood sample collection.Wellness coach provided.
Show all investments...

Access 48,091 investors

822 industries, 177 countries. Updated daily. Emails and phones included.

Browse database — It's Free!
Riyad TAQNIA Fund (RTF)
VC Fund · Riyadh, Ar Riyad, Saudi Arabia · 2 investments in Saudi Arabia Payments startups

Riyad TAQNIA Fund (RTF) is a venture capital fund investing in early stage technology companies around the globe. The fund is interested in post-revenue Seed through Series-B opportunities. RTF was founded by Riyad Capital Co. and TAQNIA and is backed by leading Saudi institutional investors.

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Investment focus

  • Industry: Internet, Software, Information Technology
  • Stage:Series A, Series B, Seed
  • Geography: Saudi Arabia, United Arab Emirates, Jordan

Investor stats

  • Total investments: 21
  • Round size: Seed $1M–$2.7M; Series A $2M–$23M; Series B $4M–$125M
  • Lead/follow: 57% lead, 43% follow

Portfolio highlights

  • Haseel — The new concept to meet your needs of vegetables and fruits selects you the best crops and the best prices in a way that is consistent with your digital age.
  • TruKKer — TRUKKER is one of the leading names of logistics & transportation companies in UAE, KSA, Egypt & across the GCC. We offer logistics & transport & truck rental services in the MENA Region. Call us on +971 600-524642.
  • Unifonic — Unifonic is a customer engagement platform that enables organizations to delight customers with remarkable omnichannel experiences. By unifying communication channels, messaging apps, and chatbots, Unifonic streamlines conversations at every touch point throughout the customer journey.As newer channels emerge and user preferences change overtime, organizations rely on Unifonic to maximize customer engagement and optimize communication ROI. Unifonic solutions help clients reach customers on their favorite channel to ensure that every interaction makes a positive impact.From SMS one time passwords or WhatsApp vaccination requests to voice surveys and many more, Unifonic empowers organizations to transform customer experience with seamless conversations that improve customer satisfaction while allowing them to focus on core business activities without maintaining costly communication infrastructures.Unifonic connects enterprises like Saudi Electricity Company, Ministry of Health, Absher, Uber, Aramex, Noon, as well as leading banks and financial institutions throughout the region, in addition to health, education, travel, e-commerce, and logistics sectors worldwide.With proven expertise in emerging markets since 2006, Unifonic is committed to delivering excellence handling 10+ billion annual transactions for millions of recipients in over 160 countries, backed by local corporate presence in four countries and a dedicated team of 200 professionals serving clients 24/7.Unifonic accelerates digital transformation for organizations by optimizing the time, effort, and budget invested in automating numerous manual tasks and use cases that impact customer experience. For organizations with large transaction volume, Unifonic can help leverage AI capabilities to further enhance customer experience by personalizing conversations and contextualizing data to optimize the customer journey and maximize engagement.
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Outliers Venture Capital
VC Fund · Menlo Park, California, United States · 2 investments in Saudi Arabia Payments startups

Backing outlier founders who build different.

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Investment focus

  • Industry: E-Commerce, Software, Financial Services
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Saudi Arabia, Egypt, United States

Investor stats

  • Total investments: 36
  • Round size: Seed $3.5M–$6M; Pre-Seed $918k–$11M; Series A $1M–$33M
  • Lead/follow: 28% lead, 72% follow

Portfolio highlights

  • Stream — Stream is a company that helps make payments simpler, faster, and reliable.
  • Vault Wealth — Discover the range of private wealth management services with personalized wealth planning from Vault, a certified private wealth advisor in Dubai & UAE. A secure digital wealth platform trusted by professionals.
  • Global Settlement Network — Global Settlement is a blockchain platform that provides regulatory compliance, liquidity, and interoperability services.
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Arbor Ventures
VC Fund · Singapore, Central Region, Singapore · 2 investments in Saudi Arabia Payments startups

Arbor Ventures is a visionary fintech-focused VC, partnering with innovators to shape a smarter future.

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Investment focus

  • Industry: FinTech, Financial Services, Finance
  • Stage:Series A, Series B, Series C
  • Geography: United States, Singapore, Japan

Investor stats

  • Total investments: 73
  • Round size: Series A $6M–$175M; Series B $12M–$70M; Series C $12M–$150M
  • Lead/follow: 27% lead, 73% follow
  • Last fund: May invest from a new fund soon — raised $226M in 2018

Portfolio highlights

  • Abra — Abra provides wealth and treasury management solutions to give clients an edge across trading, borrowing and investing digital assets.
  • Silot — Silot started with B2B business connecting banking infrastructure and financial products in the early stage, and then directly empowered SMEs and social e-commerce sellers after transformation.
  • GlobaliD — Your ID, just better in every way Take back control of your data. The future of digital identity. Your ID, just better in every way Get a Demo Why
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Wa’ed Ventures
VC Fund · Dhahran, Ash Sharqiyah, Saudi Arabia · 2 investments in Saudi Arabia Payments startups

Wa’ed Ventures is a $500 million venture capital fund with the aim to accelerate the development of an integrated startup ecosystem by investing in local tech-based startups and incentivizing global entrepreneurs to localize their tech innovations in the Kingdom.

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Investment focus

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Seed, Series A
  • Geography: Saudi Arabia, United Arab Emirates, United States

Investor stats

  • Total investments: 90
  • Round size: Seed $600k–$6.5M; Series A $2M–$28M
  • Lead/follow: 61% lead, 39% follow

Portfolio highlights

  • YNMO — YNMO is the first Arabic/English digital solution that aims to improve the quality of care and educational services for individuals with special needs by allowing service providers such as schools, centers & clinics to design and monitor individualized treatment plans.
  • Hazen.ai — Enhance safety with our AI-powered camera, providing real-time monitoring and precise violation detection. This technology empowers authorities to enforce traffic laws effectively, ensuring safer roads for all.
  • FalconViz — FalconViz is a Saudi registered company focused on 3D surveying and mapping by Unmanned Aerial Systems (UAS) with autonomous integration of planes, copters and 3D software solutions.
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Business Innovation Mine (BIM)
VC Fund · Riyadh, Ar Riyad, Saudi Arabia · 2 investments in Saudi Arabia Payments startups

We build successful and sustainable enterprises from the ground up by capitalizing on our expertise, resources and network.We carefully select, validate and launch bold ideas that are then turned into full-fledged spun-off businesses. While every successful venture is different, there is one thing, that connects all of them – right timing.Timeis the key and the most important resource for every enterprise. That’s why we designed our own venture building process that allows fast delivery. We use our own expertise and vast network of resources to create business plans, develop the products, launch them on the market, and grow them. - Generate our own VenturesWe build startups that solve problems through an inhouse continuous, dynamic and selective ideation process. We secure financing to make sure our ventures can grow without barriers.- Build Ventures With PartnersWith our robust ecosystem we partner up with external entrepreneurs and other companies that have amazing ideas we can help them develop into successful and sustainable businesses.

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Investment focus

  • Industry: Apps, Financial Services, SaaS
  • Stage:Seed, Pre-Seed
  • Geography: Saudi Arabia

Investor stats

  • Total investments: 8
  • Round size: Seed $852k–$7.5M
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • Ejaro — Ejaro is the first licensed peer-to-peer vehicle sharing marketplace in Saudi Arabia and the GCC. We connect local vehicle owners with individuals who are looking to rent vehicles whenever and wherever they want. We empower owners to earn an extra income stream from their depreciating private vehicles (assets) by sharing it with Ejaro’s trustedcommunity.
  • Muhlah — Muhlah is a Saudi fintech company.The company provides microfinancing focused on credit discipline, transparency, compliance, and financial inclusion across Saudi Arabia. Its products emphasize responsible lending with sustainable repayment terms, targeting underserved segments without physical branches.
  • Conix.ai — CONIX.AI is an AI platform (SaaS) created to offer fully complete solutions for the architectural designing of residential and commercial properties. The cloud-based SaaS platform is accessible from anywhere worldwide and can provide detailed 2D plans, 3D plans, Facades, working drawings (electricity & water), utility data, sustainabilityadvice and more for construction planning.By accessing CONIX.AI, real estate companies will have at their fingertips in few minutes different iterations of architectural designs for their new construction projects previously impossible to attain without significant investments into architectural firms and wouldn't be delivered in less than 4-6 weeks. This level of visualisation will allow companies a time-conscious suite of tools that can allow them to build faster, build smarter, build greener!https://youtu.be/bskgguh3U-A
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Merak Capital
VC Fund · Riyadh, Ar Riyad, Saudi Arabia · 2 investments in Saudi Arabia Payments startups

Merak Capital manages private funds in Venture Capital, Private Equity, Debt Financing, and other asset classes.

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Investment focus

  • Industry: Gaming, Software, Financial Services
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Saudi Arabia, United Arab Emirates, United States

Investor stats

  • Total investments: 19
  • Round size: Seed $587k–$3M; Pre-Seed $480k–$1.7M; Series A $2.1M–$30M
  • Lead/follow: 89% lead, 11% follow

Portfolio highlights

  • Qoyod — Qoyod.com is a web-based accounting solution that targets KSA based-SMEs. Users can seamlessly issue invoices and manage expenses/budgets while automatically recording corresponding journal entries (i.e., Qoyod/قيود in Arabic). Users are also able to populate their financial statements and business reports for both commercial andstatutory requirements within KSA.
  • Nabt app — Nabt app is an e-commerce platform that conducts a B2B marketplace, connecting farmers with businesses directly. It uses technology to foster transparency, efficiency, and a more robust fresh produce supply chain.
  • Arib — Arib is a FinTech and digital broker for personal loans.
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Oqal
VC Fund · Riyadh, Ar Riyad, Saudi Arabia · 2 investments in Saudi Arabia Payments startups

Oqal Group was formed as an endowment group by a group of young businessmen to be a platform that brings together angel investors and emerging entrepreneurs to form partnerships of economic feasibility that raise the welfare of society and enhance the quality of life. It enables the founders of entrepreneurial startups to develop innovative andfast-growing startups in a variety of sectors by providing access to smart capital and experienced angel investors.

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Investment focus

  • Industry: E-Commerce, Software, Information Technology
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Saudi Arabia, United Arab Emirates, Egypt

Investor stats

  • Total investments: 125
  • Round size: Seed $100k–$2.1M; Pre-Seed $220k–$1M; Series A $133k–$10M
  • Lead/follow: 7% lead, 93% follow

Portfolio highlights

  • Nqoodlet — NQOODLET is an electronic platform targeting SMEs to manage their expenses, purchases through the credit cards given to the employees.
  • Siin — E-commerce Marketplace
  • Mantas — Mantas protects businesses against cyber risk. We leverage predictive analytics to provide robust cyber insurance that helps businesses mitigate cloud downtime risks. Our parametric solutions ensure uninterrupted operations for all cloud-dependent businesses including e-commerce, SaaS and digital platforms.
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ANB Capital
VC Fund · Riyadh, Ar Riyad, Saudi Arabia · 2 investments in Saudi Arabia Payments startups, 8 in the past 12 months

ANB Capital is a Saudi capital market institution regulated by the Capital Market Authority (CMA). It is a wholly owned subsidiary of ANB and offers a range of investment banking services. These services include asset management, brokerage, and corporate finance advisory. ANB Capital also provides a mobile trading app for monitoring markets andpositions. The company serves both individual and business clients, facilitating investment account openings and offering e-trade services for SMEs.

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Investment focus

  • Industry: FinTech, Financial Services, Finance
  • Stage:Seed, Series A, Series B
  • Geography: Saudi Arabia, Egypt, Kuwait

Investor stats

  • Total investments: 10
  • Round size: Seed $5M–$15M; Series A $6M–$22M; Series B $16M–$124M
  • Lead/follow: 40% lead, 60% follow

Portfolio highlights

  • Vennre — Build wealth through vetted private market opportunities from $5k. GCC-first, globally accessible. Regulated, Sharia-compliant, digital-first.
  • Safqah Capital — Safqah Capital is an innovative fintech and proptech company headquartered in Riyadh. We specialize in structuring and distributing Sharia-compliant Sukuk for small and medium-sized real estate developers. Safqah's digital investment platform enables secure participation from both retail and institutional investors, backed by rigorous duediligence, transparency, and smart governance. Safqah operates at the intersection of technology, finance, and real estate, positioning itself as a key enabler of Vision 2030’s housing and development goals.
  • Simplified Financial Solutions Company — Simplified Financial Solutions Company offers startups and SMEs financial management solutions including the ability to issue virtual and physical corporate cards, manage spending and automate expense reporting.
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Tech Invest Com
VC Fund · Riyadh, Ar Riyad, Saudi Arabia · 2 investments in Saudi Arabia Payments startups

Saudi technology investment company established in 2005. We invest in growth stage tech startups in Saudi Arabia & Middle East North Africa (MENA) region

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Investment focus

  • Industry: Predictive Analytics, Software, E-Commerce
  • Stage:Series A, Seed, Series B
  • Geography: Saudi Arabia, United Arab Emirates, Jordan

Investor stats

  • Total investments: 17
  • Round size: Seed $2M–$10M; Series A $3.5M–$29M; Series B $12M–$28M
  • Lead/follow: 29% lead, 71% follow

Portfolio highlights

  • Merit Incentives — Seamless, API-driven solutions connecting you to a global network of 7,000+ brands, enabling real-time, instant gratification across 155+ countries.
  • Quantum Platform — Quantum | B2B platform to acquire new customers, use our marketing & consumer behavior analysis tools to reach your exact target audience right to their doorsteps!
  • Simplified Financial Solutions Company — Simplified Financial Solutions Company offers startups and SMEs financial management solutions including the ability to issue virtual and physical corporate cards, manage spending and automate expense reporting.
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BECO Capital
VC Fund · Dubai, Dubai, United Arab Emirates · 2 investments in Saudi Arabia Payments startups

BECO Capital is a conviction-driven VC, backing exceptional founders across the GCC and MENA region with hands-on support, partnerships and sector expertise.

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Investment focus

  • Industry: E-Commerce, Financial Services, Information Technology
  • Stage:Seed, Series A, Series B
  • Geography: United Arab Emirates, United States, Egypt

Investor stats

  • Total investments: 98
  • Round size: Seed $905k–$9.5M; Series A $2M–$28M; Series B $6.8M–$60M
  • Lead/follow: 46% lead, 54% follow
  • Last fund: May invest from a new fund soon — raised $100M in 2019

Portfolio highlights

  • MaxAB — The Region's Leading Retailer Super App At MaxAB, we change how the supply chain works through our B2B food & grocery e-commerce platform At MaxAB, we change how the supply chain works through our B2B food
  • BRKZ — BRKZ is a construction-tech company that provides a one-stop solution by selling building materials to contractors and builders.
  • Dtek.AI — Dukkantek aims to empower and enable traditional merchants to be able to compete in the modern world or the digital world through digital transformation. It is a technology partner that improves and provides so many solutions to your business. Dukkantek has what every store needs to manage their business easily and efficiently. With Dukkantek, you will have an end-to-end technology companion that improves all your processes.
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Saudi Venture Capital
VC Fund · Riyadh, Ar Riyad, Saudi Arabia · 1 investments in Saudi Arabia Payments startups

SVCIC is uniquely positioned to lead the development of the nascent venture capitalindustry in Saudi Arabia by providing unmatched levels of support for fundamentally strong small-to-medium enterprises (SMEs) that lack the necessary resources for growth and expansion.

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Investment focus

  • Industry: E-Commerce, Predictive Analytics, Internet
  • Stage:Seed, Series B, Series A
  • Geography: Saudi Arabia, Turkey, Tunisia

Investor stats

  • Total investments: 9
  • Round size: Seed $300k–$300k; Series A $4M–$6.6M; Series B $5M–$68M
  • Lead/follow: 11% lead, 89% follow

Portfolio highlights

  • Lean Technologies — Lean provides the Data and Payments tools to empower MENA's next generation of financial products | Trusted by Etisalat, Hubpay, Lulu Finance, Binance, Sarwa and more.
  • Pi Flow — Pi Flow operates as an accounting services provider. Pi Flow is a dedicated Virtual accounting team that offers bookkeeping services and strives to enhance the quality of our client's books.
  • Nana — Nana is an online grocery platform that provides doorstep deliveries of groceries and other home essentials. The company's platform offers a wide assortment of groceries, fruits, and vegetables, cosmetics, electronics, bakery items, and flowers that enables consumers to purchase products online and get them delivered to their homes.Nana wasestablished in 2016 and is headquartered in Riyadh, Ar Riyad, Saudi Arabia.
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Faith Capital
VC Fund · Sharq Hawalli, Al Kuwayt, Kuwait · 1 investments in Saudi Arabia Payments startups

Faith Capital is a venture capital firm investing in talented MENA founders building long-term value by developing sound operations at home and abroad.A Kuwait based venture capital fund owned and managed by individuals with proven business experience and success in the GCC.The principal focus of Faith Capital is on e-commerce businesses,based in the region, which have high growth potential for the future.

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Investment focus

  • Industry: E-Commerce, Internet, Software
  • Stage:Seed, Series A, Series B
  • Geography: United Arab Emirates, Kuwait, Saudi Arabia

Investor stats

  • Total investments: 27
  • Round size: Seed $100k–$6M; Series A $3.5M–$8M; Series B $8M–$50M
  • Lead/follow: 41% lead, 59% follow

Portfolio highlights

  • VUZ — 360VUZ is the pioneer Immersive Social Mobile App Teleporting people in time. It captures and delivers live and on-demand 360 video and immersive experiences. The 360VUZ Mobile app Ranked #1 in the Entertainment category on App Store ahead of top players.360VUZ teleports people in live, virtual reality and video content – supporting in buildingthe ecosystem for live and on-demand Video and VR to become a mainstream experience for sporting events, exclusive happenings, Influencer Appearances, concerts, and more. Out in the market in 2017, 360VUZ has more than 2 patents and reached over 500 Million Screen Views per Year.
  • Cognna — Simplify cybersecurity solutions management with COGNNA's comprehensive XDR platform for threat hunting and compromise assessment.
  • Mealplanet — Mealplanet is an online marketplace for ordering and managing meal plans from various providers.
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Wallan Group
VC Fund · Riyadh, Ar Riyad, Saudi Arabia · 1 investments in Saudi Arabia Payments startups

Wallan Group provides quality products and services across diversified industries portfolio.

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Investment focus

  • Industry: Payments, Real Estate, Financial Services
  • Stage:Seed, Pre-Seed
  • Geography: Saudi Arabia

Investor stats

  • Total investments: 2
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • EdfaPay — Build the future of payments with EdfaPay's comprehensive payment infrastructure solutions. We empower businesses of all sizes to create, deploy, and scale
  • Deal App — Deal App operates as an real estate app. Deal App designs an intricate digital solution by adopting the 'request-oriented business model', in which property seekers submit their requests through the app to receive appropriate offers directly from the active agents in the neighborhoods they are targeting.
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Shorooq Partners
VC Fund · Abu Dhabi, Abu Dhabi, United Arab Emirates · 1 investments in Saudi Arabia Payments startups

Shorooq Partners is the leading tech investor in the region, inspired by the best entrepreneurs, investors and practices from around the world.

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Investment focus

  • Industry: Financial Services, FinTech, E-Commerce
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United Arab Emirates, Saudi Arabia, United States

Investor stats

  • Total investments: 164
  • Round size: Seed $750k–$11M; Pre-Seed $2M–$4.5M; Series A $2M–$33M
  • Lead/follow: 47% lead, 53% follow
  • Last fund: Likely still investing — raised $100M in 2024

Portfolio highlights

  • Corgea — Corgea finds, triages, and fixes vulnerabilities across code, packages, infrastructure, and containers.
  • Roamless — One eSIM, 60+ destinations. No plans, no expirations. Just easy, affordable, reliable mobile connectivity for travelers. Join the Roamless Revolution today.
  • Halo AI — Halo AI provides autonomous influencer marketing solutions.
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Mine
VC Fund · 1 investments in Saudi Arabia Payments startups

Mine is an investment firm.

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Investment focus

  • Industry: Apps, Sales, Payments
  • Stage:Seed
  • Geography: Saudi Arabia

Investor stats

  • Total investments: 1
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • CashIn — Cashin to Lead the Digital Transformation in Petrol Stations!
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Alkhaila Investment
VC Fund · Riyadh, Ar Riyad, Saudi Arabia · 1 investments in Saudi Arabia Payments startups

Alkhaila Investment is a diversified investment company. They maintain the services provides, the integrity of our relationships and our strength, in addition to complying with all the regulations that govern our business scope. They provide the, most distinctive and innovative investment solutions by paying attention to developing the efficiencyof its workforce and studying market needs.

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Investment focus

  • Industry: FinTech, Payments, E-Commerce
  • Stage:Seed
  • Geography: Saudi Arabia

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • PayTabs — PayTabs is an innovative new economy payment processing and fraud prevention company built to provide buyers and sellers an advanced technology to pay and get paid.
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Palm Ventures
VC Fund · Greenwich, Connecticut, United States · 1 investments in Saudi Arabia Payments startups

Positive Transformation Through Creative Disruption View our Investments

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Investment focus

  • Industry: FinTech, Software, SaaS
  • Stage:Seed, Angel
  • Geography: United States, Australia, Saudi Arabia

Investor stats

  • Total investments: 6
  • Round size: Seed $1.5M–$3.7M
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • Nearpay — Focus On Building Deep Technology To Create Innovations
  • Unhedged — Unhedged is a super simple app that allows anyone to invest, without having to choose stocks. Get a demo account completely free.
  • NIFTY Souq — The first and largest NFT marketplace in MENA
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InspireUs
VC Fund · 1 investments in Saudi Arabia Payments startups

Riyadh based venture capital firm

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Investment focus

  • Industry: Payments, Financial Services, Information Technology
  • Stage:Pre-Seed
  • Geography: Saudi Arabia

Investor stats

  • Total investments: 1
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • EdfaPay — Build the future of payments with EdfaPay's comprehensive payment infrastructure solutions. We empower businesses of all sizes to create, deploy, and scale
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Alinma Bank
VC Fund · Riyadh, Ar Riyad, Saudi Arabia · 1 investments in Saudi Arabia Payments startups

Alinma Bank is a Saudi joint stock company that is created in conformity Royal Decree No. M/15 and Ministerial Resolution No. 42.

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Investment focus

  • Industry: Energy, Rental, Medical
  • Stage:Post-IPO Debt, Seed, Debt Financing
  • Geography: Saudi Arabia

Investor stats

  • Total investments: 5
  • Round size: Post-IPO Debt $12M–$810M
  • Lead/follow: 60% lead, 40% follow

Portfolio highlights

  • DRC — DRC offers market research and data analysis services. They offer market research, brand evaluation research, product development research, marketing efficiency research, data management, data analysis, and more.
  • Almujtama Alraida Medical — Almujtama Alraida Medical is a prominent and fully integrated pharmaceutical services provider. Known for its comprehensive approach to healthcare, the company typically offers a wide range of services that span from manufacturing and distribution to retail and consulting.
  • Saudi Advanced Industries Company — Saudi Advanced Industries Company is an investment management company. They provide industries with competitive advantages, such as the oil and gas industries, petrochemical industries, building materials and associated services, and the housing finance sector.
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Derayah Venture Capital
VC Fund · Riyadh, Ar Riyad, Saudi Arabia · 1 investments in Saudi Arabia Payments startups

Derayah Venture Capital is a Venture Capital Fund That Invests in High Growth Startups across the MENA region.

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Investment focus

  • Industry: FinTech, Financial Services, Predictive Analytics
  • Stage:Seed, Series A, Series B
  • Geography: Saudi Arabia, United Arab Emirates

Investor stats

  • Total investments: 10
  • Round size: Seed $1.6M–$5M; Series A $7.2M–$27M
  • Lead/follow: 30% lead, 70% follow

Portfolio highlights

  • Resal — Resal is Saudi-based startup was founded by Hatem Kameli ( Founder & CEO ) and Fouad AlFarhan ( Co-Founder & CTO ) , started from Jeddah – Saudi Arabia to all MENAWho we are ? Resal is leading the prepaid gift card market by offering all in one prepaid gift cards and rewards solutions for individuals and corporate in Middle East and NorthAfricaWe are here to make people and businesses smile and be delighted by developing an eGift Cards and rewards solutions to make gift cards and rewards easy to send and pleasing to receive at any time and in any place.We Are Offering End-to-end prepaid digital gift cards and rewards solutions and productsResal Store : It’s a one-stop-shop gift cards that help individuals to buy and send gift cards Resal Rewards (glee) : Corporate reward solution which help enterprise to offer employees, partners, customers gift cards as part of incentive and reward program Resal Channels : A business API and embedded technology that offer digital gift cards and rewards from over 400 brands to any 3rd party online channels and offline stores Resal Loyalty ( boonus ) : A loyalty management platform based on multiple rewarding programs that enable merchants and retailers to increase retention and customer spending Resal xCards ( gift card generator ) prepaid digital gift cards issuance solution which enable merchants to easily issue, manage digital gift card
  • Rewaa — Rewaa was founded to make penetrating through the e-commerce industry easier for retailers with minimal operational and marketing costs by solving two main aspects:Marketing aspect: Make in-store products available online. By using Rewaa Cashier System, any product in the physical store will be automatically listed in the online marketplaces andthe merchant's online store. Operational aspects: The integration between physical, online store and marketplace, eliminate the need of independent inventory for online store operations, and that will help to reduce employment cost, therefore, the physical store will be the shipping center, so whenever an order received by online store will be transferred automatically for the nearest branch from the customer. And eventually, the inventory will be automatically updated across all channels.
  • OTO — OTO is SaaS company that helps retailers implement their Omni-Channel strategy by enabling them to ship their online orders directly from the physical stores with the best delivery partners in just 2 hours! Also, we provide Online Retailers and E-commerce companies access to ship packages with more than 80 delivery & carrier companies shipping domestically and internationally.
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Nuwa Capital
VC Fund · Dubai, Dubai, United Arab Emirates · 1 investments in Saudi Arabia Payments startups

A radical investment platform reshaping the relationship between founders and capital.

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Investment focus

  • Industry: E-Commerce, FinTech, Financial Services
  • Stage:Seed, Pre-Seed, Series B
  • Geography: United Arab Emirates, Saudi Arabia, Egypt

Investor stats

  • Total investments: 49
  • Round size: Seed $350k–$14M; Pre-Seed $1.2M–$13M; Series B $2.5M–$72M
  • Lead/follow: 51% lead, 49% follow
  • Last fund: May invest from a new fund soon — raised $75M in 2021

Portfolio highlights

  • Aya — Aya is a modest fashion e-commerce platform that strives to unite the fragmented modest fashion industry into a single discovery platform.
  • Valeo — Get your lab tests done at the comfort of your home anywhere in Dubai through our personalized mobile health tracker app. Hassle-free blood sample collection.Wellness coach provided.
  • Mantas — Mantas protects businesses against cyber risk. We leverage predictive analytics to provide robust cyber insurance that helps businesses mitigate cloud downtime risks. Our parametric solutions ensure uninterrupted operations for all cloud-dependent businesses including e-commerce, SaaS and digital platforms.
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Middle East Venture Partners (MEVP)
VC Fund · Dubai, Dubai, United Arab Emirates · 1 investments in Saudi Arabia Payments startups

MEVP is a Middle East-focused venture capital firm that invests in the early and growth stages of innovative tech companies run by talented entrepreneurs in the Middle East with a focus on the GCC and Levant countries. With a team of 20 VC professionals across offices in Dubai, Beirut, Bahrain, Abu Dhabi, and Riyadh, MEVP manages 5 regional funds with more than USD 260 million in Assets Under Management. MEVP is the largest and most established VC firm in the region, with clear cross border investment appetite.

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Investment focus

  • Industry: E-Commerce, Financial Services, FinTech
  • Stage:Series A, Seed, Series B
  • Geography: United Arab Emirates, Lebanon, United States

Investor stats

  • Total investments: 106
  • Round size: Seed $420k–$6M; Series A $1.5M–$14M; Series B $4.6M–$50M
  • Lead/follow: 40% lead, 60% follow

Portfolio highlights

  • HyperPay — Hyperpay is a leading payment gateway in MENA, providing smart payment solutions that fulfill the payment needs of ecommerce and all internet businesses
  • The Cloud — NOTICE OF WINDING UP PETITION
  • The Luxury Closet — Buy & sell online at The Luxury Closet and get discounts of up to 90% off retail price on authentic, new & pre-loved luxury brands for watches, bags, clothes, shoes for both men and women.
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Joa Capital
VC Fund · Az Zahra', Ar Riyad, Saudi Arabia · 1 investments in Saudi Arabia Payments startups

Joa Capital: Pioneers in financing technology and innovation in the Kingdom of Saudi Arabia.

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Investment focus

  • Industry: FinTech, PropTech, Information Technology
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United Arab Emirates, Saudi Arabia, Kuwait

Investor stats

  • Total investments: 26
  • Round size: Seed $1M–$16M; Pre-Seed $1M–$2.4M; Series A $6M–$35M
  • Lead/follow: 15% lead, 85% follow

Portfolio highlights

  • Governata — Governata is a data-governance platform that offers data cataloging, data classification, and business-glossary management services.
  • Markopolo AI — Markopolo is a complete paid marketing suite that helps you launch targeted ads in seconds. Generate the perfect creative and AI-powered copy, schedule posts ahead of time to save time and get real-time analytics on how well they perform! If you’re looking for a smarter, faster way to create ads and automate the boring parts of ad management,there’s a tool you need to meet.We have built the software for cookieless era. We use server side pixel to gather lossless data from each and every attribution point. Business that adopt Markopolo see 34% reduction in Cost per click, 41% increase in Conversion rate and 30% increase in Budget spending efficiency within first few campaigns. These are the benchmarks achieved with the algorithms behind Marokopolo, and we have just started! We provide an end to end solution in Paid Marketing, which is critical for a modern marketing team manager to improve efficiency. Finding the right audience to target is a complicated science that we have cracked at Markopolo. We have a patent pending status in USPTO on it. Lastly getting real-time analytics from all these platforms and actionable suggestions from Markopolo algorithm completes the whole user journey.Features: - Integrates with Facebook, Instagram, Google Ads and YouTube - Built in Campaign Manager for scheduling and managing all the ads from one place - Ad Engine that monitors and optimises all the Ads 24/7 - Suggestion Engine that guides like a professional marketer - Get a holistic overview of all the metrics from all the campaigns in one dashboard - Ad Maker that comes with AI Generated Copy and Creatives - Targeting AI generates custom Audience presets - GDPR Compliant1,000+ businesses use Markopolo to automate their campaign creation and management in Social and Search Ad platforms.Try us out- https://www.markopolo.ai/Watch our product demo- https://www.youtube.com/watch?v=0VExF-j9sdg&t=87sWatch this how to get started video series- https://www.youtube.com/watch?v=VyFsYkb4YvQ&list=PLG1FKDs4H_wGH0NfxNflJgr0WVzn6m8Pj
  • Mojo — Mojo's mission is to help beauty enthusiasts discover, share, and buy beauty, skincare, and wellness products. Mojo's platform allows users to buy items with one or two clicks.
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Stc
VC Fund · Riyadh, Ar Riyad, Saudi Arabia · 1 investments in Saudi Arabia Payments startups

The stc group is a driving force behind the region's digital transformation, providing cutting-edge solutions and expediting the digitization process. Digital infrastructure, cloud computing, cybersecurity, Internet of Things (IoT), digital payments, digital media, and digital entertainment are just a few of the many services offered by thegroup.

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Investment focus

  • Industry: Software, E-Commerce, Electronics
  • Stage:Series A
  • Geography: Saudi Arabia

Investor stats

  • Total investments: 2
  • Round size: Series A $14M–$27M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Rewaa — Rewaa was founded to make penetrating through the e-commerce industry easier for retailers with minimal operational and marketing costs by solving two main aspects:Marketing aspect: Make in-store products available online. By using Rewaa Cashier System, any product in the physical store will be automatically listed in the online marketplaces andthe merchant's online store. Operational aspects: The integration between physical, online store and marketplace, eliminate the need of independent inventory for online store operations, and that will help to reduce employment cost, therefore, the physical store will be the shipping center, so whenever an order received by online store will be transferred automatically for the nearest branch from the customer. And eventually, the inventory will be automatically updated across all channels.
  • Nearpay — Focus On Building Deep Technology To Create Innovations
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Saudi Aramco Entrepreneurship Ventures
VC Fund · Dhahran, Ash Sharqiyah, Saudi Arabia · 1 investments in Saudi Arabia Payments startups

Wa’ed Ventures is the venture capital arm of Saudi Aramco Entrepreneurship Center (Wa’ed), established by Saudi Aramco with the vision of igniting the spirit of entrepreneurship in the Kingdom of Saudi Arabia. Wa’ed has deployed a suite of programs over the years to assist entrepreneurs in establishing, enhancing, or expanding their ventures. Theseprograms comprise development and financial support including business incubation, coaching and training to guide and nurture entrepreneurs along different business stages, seed funding, non-collateral loans, venture capital (equity/debt) investment, and business development. These programs support the development of small- and medium-sized enterprises (SMEs) capable of localizing industries and diversifying the Kingdom’s economy. Wa’ed also collaborates and engages with key players in order to create an effective entrepreneurship ecosystem.Wa’ed aspires to provide leadership in promoting entrepreneurship to support economic growth, diversification, and social development in Saudi Arabia, in alignment with the Kingdom’s strategic thrust into moving towards a knowledge-based economy. The organization aims to turn innovative ideas into successful projects, create and support sustainable SMEs, and develop entrepreneurs into successful business owners.Wa’ed Ventures aims to fuel the growth of high potential companies, thereby promoting economic development in Saudi Arabia with job creation for Saudi nationals, technological improvement, knowledge transfer, economic diversification, and economic growth within the Kingdom. The firm focuses on seed, early, and growth-stage businesses across a diverse range of sectors including information and communication technology (ICT), energy, manufacturing, healthcare, and services – from mobile application platforms and technologies to industrial equipment manufacturing to advanced software solutions.

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Investment focus

  • Industry: Information Technology, Software, Apps
  • Stage:Series A, Seed
  • Geography: Saudi Arabia, India, Luxembourg

Investor stats

  • Total investments: 43
  • Round size: Seed $506k–$3.5M; Series A $900k–$25M
  • Lead/follow: 84% lead, 16% follow

Portfolio highlights

  • ELEVATUS — Elevatus is the #1 Agentic AI Hiring Operating System built for enterprise scale. Autonomous recruiting from requisition to onboarding - zero code.
  • OQ TECHNOLOGY — OQ Technology is a Luxembourg-based satellite operator pioneering 5G Non-Terrestrial Network (NTN) connectivity through its direct-to-device (D2D) global satellite network.
  • MANAFA Capital — MANAFA is an online marketplace for investing equity into innovative, early-stage companies. It provides sophisticated investors free access to direct investment opportunities, diligence tools and industry data insights for an asset class that was previously very difficult to access. For entrepreneurs, MANAFA offers an efficient way to access anetwork of sophisticated investors as well as leading partners.
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Raz Group
VC Fund · Riyadh, Ar Riyad, Saudi Arabia · 1 investments in Saudi Arabia Payments startups

Raz Group empowers entrepreneurs and helps them transform their passions into value-adding companies.

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Investment focus

  • Industry: Events, Advertising, Media and Entertainment
  • Stage:Seed, Pre-Seed, Convertible Note
  • Geography: Saudi Arabia, United Arab Emirates

Investor stats

  • Total investments: 47
  • Round size: Seed $550k–$2.5M
  • Lead/follow: 4% lead, 96% follow

Portfolio highlights

  • Dnaneer — Dnaneer is a FinTech platform that connects online businesses with investors through crowdfunding of enterprises.
  • Ebra — Ebra is leading a new era of debt recovery in the Middle East. As the region’s first AI-powered collection company, we’re redefining how businesses recover capital, making the process smarter, faster, and built on trust. We’re setting a new standard for debt collection.
  • Myne — Myne offers a comprehensive platform for tracking, growing, and protecting assets. The platform integrates seamlessly with various financial tools to provide users with a holistic view of their wealth. Key features include net worth tracking, budgeting, investing, and estate planning. Myne ensures data security with multiple layers of encryption,making it a secure choice for managing financial well-being.
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Isometry Capital
VC Fund · Nyack, New York, United States · 1 investments in Saudi Arabia Payments startups

Isometry Capital is a next-generation asset management company. Our multidisciplinary approach to global markets paired with advanced technology means we can spot and seize on opportunities often unreachable to others. And act.

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Investment focus

  • Industry: Payments, Software, Enterprise Software
  • Stage:Seed
  • Geography: Saudi Arabia

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Yalla Plus — Yalla Plus offers QR-based digital menu solutions for restaurants, featuring integrated payments and easy menu management.
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Integrated Networks
VC Fund · Riyadh, Ar Riyad, Saudi Arabia · 1 investments in Saudi Arabia Payments startups

INTEGRATED NETWORKS CO. LTD. “INET” is a private organization founded in 2001 by a group of prominent Saudi investors, with an aim to provide unique blend of system integration using top-of-the-line products, revolutionary technology and proven expertise & experience.Authorized service provider licensed by Saudi Arabian Monetary Agency forproviding Payment Solutions, including; Point-of-Sales connectivity & management, ecommerce and Loyalty Solutions.Authorized Service Provider licensed by Communication and Information Technology Commission for providing Internet Services as well as network operation services.

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Investment focus

  • Industry: FinTech, Mobile, Internet
  • Stage:Seed, Series A
  • Geography: United Arab Emirates, Saudi Arabia

Investor stats

  • Total investments: 6
  • Round size: Seed $1M–$2.3M
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • Enhance Ventures — Enhance is already live in 7 countries and can rapidly develop vertical marketplaces across Middle East, North Africa, Pakistan and Turkey with a higher chance of success.
  • Magnitt — Magnitt is a startup directory that connects investors, mentors, and emerging companies in the Middle East. The discovery platform is a database with over 5,500 MENA startups and over 200 investors.
  • Joi Gifts — Joi Gifts is the best online gift shop for any occasion. Send flowers, cakes, and more with same-day delivery in KSA, UAE, Jordan, Egypt and Middle East.
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Wealth Well
VC Fund · Riyadh, Ar Riyad, Saudi Arabia · 1 investments in Saudi Arabia Payments startups

Wealth Well is an investment and wealth management firm that manages assets across real estate, private equity, and venture capital. The Riyadh, Riyadh-based firm was founded in 2015.

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Investment focus

  • Industry: FinTech, Financial Services, E-Commerce
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United Arab Emirates, Saudi Arabia, Egypt

Investor stats

  • Total investments: 8
  • Round size: Seed $1.6M–$5.6M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Klaim — Klaim is an InsureTech platform offering a SaaS medical claim management and financing platform all in one. They provide them with total visibility on their revenue cycle, increase their revenue through reduced claim processing time and errors, and faster payments.
  • RemotePass — RemotePass makes it easy to hire, onboard & pay your global team in full compliance, giving you everything you need to support them
  • Mala'a Technologies — Make better financial decisions with Malaa. Manage your financials, track your expenses, take a loan or invest your money all from one app. Connect you bank accounts and start today
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Waad Investment
VC Fund · Riyadh, Ar Riyad, Saudi Arabia · 1 investments in Saudi Arabia Payments startups

Waad Investment is an investment firm

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Investment focus

  • Industry: Financial Services, FinTech, Software
  • Stage:Seed, Pre-Seed
  • Geography: Saudi Arabia, United Arab Emirates, Oman

Investor stats

  • Total investments: 27
  • Round size: Seed $2M–$15M; Pre-Seed $750k–$7M
  • Lead/follow: 7% lead, 93% follow

Portfolio highlights

  • Nqoodlet — NQOODLET is an electronic platform targeting SMEs to manage their expenses, purchases through the credit cards given to the employees.
  • Sampo AI — Sampo AI is a digital platform that helps MENA based e-commerce companies boost revenue and profits with AI based pricing optimization.
  • Safqah Capital — Safqah Capital is an innovative fintech and proptech company headquartered in Riyadh. We specialize in structuring and distributing Sharia-compliant Sukuk for small and medium-sized real estate developers. Safqah's digital investment platform enables secure participation from both retail and institutional investors, backed by rigorous duediligence, transparency, and smart governance. Safqah operates at the intersection of technology, finance, and real estate, positioning itself as a key enabler of Vision 2030’s housing and development goals.
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Aqar
VC Fund · Riyadh, Ar Riyad, Saudi Arabia · 1 investments in Saudi Arabia Payments startups

Aqar is the leading property listings platform in Saudi Arabia.

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Investment focus

  • Industry: PropTech, Real Estate, Rental
  • Stage:Seed, Series A
  • Geography: Saudi Arabia

Investor stats

  • Total investments: 3
  • Round size: Seed $4M–$15M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Aamar — An innovative real estate platform that simplifies and automates leasing processes.
  • Ejari — Ejari is providing a Rent Now, Pay Later (RNPL) solution for residential rentals, Rent Now, Pay Later products enable tenants to better manage their budgets by converting rent from a yearly expense to a monthly expense, while landlords receive an entire year's rent in advance.
  • Rize — Rize is a PropTech platform transforming rental payments for both residential and commercial properties. With its “Rent Now, Pay Later” service, Rize allows tenants to split their annual rent into manageable installments, which benefits both renters, who can better manage their rental budgets, and landlords, who can reach a larger consumer base andreceive their yearly rental payment in advance. By enhancing affordability and flexibility, Rize inherently boosts occupancy rates across the rental market.
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Wamda Capital
VC Fund · Dubai, Dubai, United Arab Emirates · 1 investments in Saudi Arabia Payments startups

We are a leading venture capital firm in Dubai, UAE, focused on supporting entrepreneurs in the MENA region at the seed- and early-stage building great companies.

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Investment focus

  • Industry: E-Commerce, Software, Financial Services
  • Stage:Seed, Series A, Series B
  • Geography: United Arab Emirates, Turkey, Jordan

Investor stats

  • Total investments: 116
  • Round size: Seed $600k–$6.5M; Series A $2M–$9M; Series B $3.5M–$47M
  • Lead/follow: 29% lead, 71% follow
  • Last fund: May invest from a new fund soon — raised $70M in 2018

Portfolio highlights

  • Wafeq — Send invoices or purchase orders, manage your inventory and your payroll, and get over 30 reports to manage your company, all in one software.
  • Qeen Ai — qeen.ai is a GenAI native platform that enables autonomous AI to e-commerce firms of all sizes.
  • Tamatem — We are the leading mobile games publisher in the Arabic speaking world! We bring international mobile games from all around the world to publish in the MENA market!
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Scene Holding
VC Fund · Umm Al Qawain, Umm Al Quwain, United Arab Emirates · 1 investments in Saudi Arabia Payments startups

Scene is a holding company based in Saudi Arabia. Follow a ProActive investment approach, through injecting smart capital and providing hands-on growth hacking support.

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Investment focus

  • Industry: Mobile Apps, Artificial Intelligence, Apps
  • Stage:Seed, Pre-Seed
  • Geography: Saudi Arabia, United Arab Emirates

Investor stats

  • Total investments: 4
  • Round size: Seed $2M–$2M; Pre-Seed $2M–$3.2M
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • Yasmina — Yasmina offers AI-driven Home & Renters Insurance services.
  • Ebra — Ebra is leading a new era of debt recovery in the Middle East. As the region’s first AI-powered collection company, we’re redefining how businesses recover capital, making the process smarter, faster, and built on trust. We’re setting a new standard for debt collection.
  • Myne — Myne offers a comprehensive platform for tracking, growing, and protecting assets. The platform integrates seamlessly with various financial tools to provide users with a holistic view of their wealth. Key features include net worth tracking, budgeting, investing, and estate planning. Myne ensures data security with multiple layers of encryption,making it a secure choice for managing financial well-being.
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SEEDRA Ventures
VC Fund · Riyadh, Ar Riyad, Saudi Arabia · 1 investments in Saudi Arabia Payments startups

SEEDRA Ventures invests in companies from the very first stages of inception to Series-A and beyond, providing financing and hands-on development support.

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Investment focus

  • Industry: FinTech, Financial Services, Predictive Analytics
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Saudi Arabia, United Arab Emirates, Egypt

Investor stats

  • Total investments: 35
  • Round size: Seed $1.3M–$10M; Pre-Seed $120k–$525k; Series A $1.3M–$35M
  • Lead/follow: 20% lead, 80% follow

Portfolio highlights

  • PIESHIP — Pieship is a logistics startup serving last mile and their customers using Ai and crowdsourcing.
  • Rize — Rize is a PropTech platform transforming rental payments for both residential and commercial properties. With its “Rent Now, Pay Later” service, Rize allows tenants to split their annual rent into manageable installments, which benefits both renters, who can better manage their rental budgets, and landlords, who can reach a larger consumer base andreceive their yearly rental payment in advance. By enhancing affordability and flexibility, Rize inherently boosts occupancy rates across the rental market.
  • Squadio — Tech Teams as a service platform (TaaS) ready to take over your project and transform it digitally.
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Nufud Wealth International
VC Fund · 1 investments in Saudi Arabia Payments startups

Nufud Wealth International is a investment firm.

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Investment focus

  • Industry: Payments, Financial Services, Information Technology
  • Stage:Seed
  • Geography: Saudi Arabia

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • EdfaPay — Build the future of payments with EdfaPay's comprehensive payment infrastructure solutions. We empower businesses of all sizes to create, deploy, and scale
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Basmah Commercial Invesment Co
VC Fund · Riyadh, Ar Riyad, Saudi Arabia · 1 investments in Saudi Arabia Payments startups

Basmah Commercial Investment Company "Basmah" is an investment company founded by Basel M. Algadhib, and jointly owned by members of his immediate family.

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Investment focus

  • Industry: Payments, Financial Services, Information Technology
  • Stage:Seed
  • Geography: Saudi Arabia

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • EdfaPay — Build the future of payments with EdfaPay's comprehensive payment infrastructure solutions. We empower businesses of all sizes to create, deploy, and scale
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Nama Ventures
VC Fund · Riyadh, Ar Riyad, Saudi Arabia · 1 investments in Saudi Arabia Payments startups

NAMA VENTURES TECH FOUNDERS FUNDING TECH STARTUPS LOOKING FOR FUNDING? APPLY NOW

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Investment focus

  • Industry: E-Commerce, Information Technology, B2B
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Saudi Arabia, Egypt, United Arab Emirates

Investor stats

  • Total investments: 53
  • Round size: Seed $120k–$5.6M; Pre-Seed $100k–$2.4M; Series A $5.2M–$35M
  • Lead/follow: 51% lead, 49% follow

Portfolio highlights

  • Cargoz — Cargoz is a logistics startup that connects SMEs looking for warehousing space with warehousing companies who has extra capacity, like Airbnb but for commercial warehousing & storage.
  • Faceki — Offering cutting-edge solutions including KYC, KYB, KYT, AML, and Biometric Authentication.
  • Messenger — Messenger is a one-stop logistics platform that finances and aggregates end-to-end logistics and supply chain operations in order to assist businesses and logistics asset owners in achieving an efficient supply chain framework.
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Aljazira Capital
VC Fund · Riyadh, Ar Riyad, Saudi Arabia · 1 investments in Saudi Arabia Payments startups

Aljazira Capital is a Saudi closed joint stock company.

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Investment focus

  • Industry: FinTech, Internet, Financial Services
  • Stage:Seed, Series A, Series B
  • Geography: Saudi Arabia, Egypt, Kuwait

Investor stats

  • Total investments: 6
  • Round size: Seed $3M–$16M
  • Lead/follow: 17% lead, 83% follow

Portfolio highlights

  • Erad — erad provides growth capital to online businesses. Connect your analytics and receive funding offers, for non-dilutive capital within 48 hours
  • Khazna — Khazna is an Egyptian company that aims to improve and expand financial services for Egyptians through the mobile application.
  • Lola Do — Lola, Cake for every occasion, Customized your cake selections and Lola will bake it with love!
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Sanabil
VC Fund · Riyadh, Ar Riyad, Saudi Arabia · 1 investments in Saudi Arabia Payments startups

Sanabil Investments is a sovereign wealth fund specializing in direct and fund of funds investments. Its investments are concentrated in direct equity investments, primarily in the Kingdom, and in funds, as well as in diversified investment portfolios. These investments support the growth of the Kingdom’s economy while building internationalinvestment capability and transferring expertise to local Saudi talent.

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Investment focus

  • Industry: FinTech, E-Commerce, Artificial Intelligence
  • Stage:Pre-Seed, Series B, Series A
  • Geography: United States, Saudi Arabia, United Arab Emirates

Investor stats

  • Total investments: 61
  • Round size: Pre-Seed $100k–$2.3M; Series A $6.9M–$40M; Series B $1M–$513M
  • Lead/follow: 39% lead, 61% follow

Portfolio highlights

  • Aya — Aya is a modest fashion e-commerce platform that strives to unite the fragmented modest fashion industry into a single discovery platform.
  • SingleStore — SingleStore is a provider of a database for operational analytics and cloud-native applications. It provides global enterprises with an intelligent database that works on any cloud on-premises or as a service runs transactions and analytics at the same time and lets clients promote their business through analytics and combine semi-structured datainto a consolidated big data platform.
  • Safqah Capital — Safqah Capital is an innovative fintech and proptech company headquartered in Riyadh. We specialize in structuring and distributing Sharia-compliant Sukuk for small and medium-sized real estate developers. Safqah's digital investment platform enables secure participation from both retail and institutional investors, backed by rigorous duediligence, transparency, and smart governance. Safqah operates at the intersection of technology, finance, and real estate, positioning itself as a key enabler of Vision 2030’s housing and development goals.
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Rua Growth Fund
VC Fund · Riyadh, Ar Riyad, Saudi Arabia · 1 investments in Saudi Arabia Payments startups

Re-Imagining The Future: 100+ years of experience in investments to lead the next wave of tech ventures in Saudi Arabia

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Investment focus

  • Industry: Financial Services, FinTech, Software
  • Stage:Seed, Series A, Series B
  • Geography: Saudi Arabia, United Arab Emirates, Bahrain

Investor stats

  • Total investments: 14
  • Round size: Seed $2.3M–$15M; Series A $10M–$22M; Series B $6M–$30M
  • Lead/follow: 29% lead, 71% follow

Portfolio highlights

  • Holo — Find your dream home with Holo, the digital home-buying platform in the UAE. Get expert help, compare mortgages, and simplify your journey to ownership!
  • Safqah Capital — Safqah Capital is an innovative fintech and proptech company headquartered in Riyadh. We specialize in structuring and distributing Sharia-compliant Sukuk for small and medium-sized real estate developers. Safqah's digital investment platform enables secure participation from both retail and institutional investors, backed by rigorous duediligence, transparency, and smart governance. Safqah operates at the intersection of technology, finance, and real estate, positioning itself as a key enabler of Vision 2030’s housing and development goals.
  • Helix Earth Technologies — Helix Earth Technologies revolutionizes liquid-gas chemistry to disrupt and decarbonize the built environment and heavy industries. With many incentives and tax credits available, the Helix products may cost $0 out-of-pocket making our devices an easy and obvious addition to rooftop HVAC systems.
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Payments VC funding in Saudi Arabia at a glance

Stats across 41 deals from 74 investors.

74
investors
in Saudi Arabia Payments startups
41
deals
in Saudi Arabia Payments startups
$5.5M
median round
in Saudi Arabia Payments startups
43%
lead investors
lead at least one round
39%
Seed
most common funding stage

Access all 74 VC funds in Saudi Arabia Payments startups.

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