# Abdullah Altamami

> Abdullah Altamami is a seed investor at Merak Capital backing FinTech and Financial Services. See 14 investments, check sizes, portfolio. Updated Aug 2026.

- Type: Angel Investor
- Fund: [Merak Capital](https://shizune.co/investors/profile/merak-capital)
- Total investments: 14
- Last investment: May 2026
- Lead investor: 71%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/in/aaltamami

Abdullah Altamami is a seed investor at Merak Capital focused on FinTech and Financial Services. Abdullah Altamami

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| FinTech | 5 | 36% |
| Financial Services | 3 | 21% |
| Mobile | 2 | 14% |
| Internet | 2 | 14% |
| Payments | 2 | 14% |

37 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 7 | 50% |
| Series A | 5 | 36% |
| Venture - Series Unknown | 1 | 7% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Saudi Arabia | 7 | 50% |
| United Arab Emirates | 5 | 36% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Arib | Arib is a FinTech and digital broker for personal loans. | $23.5M | Venture - Series Unknown | May 18, 2026 |  |
| 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. | $3.4M | Seed | Dec 04, 2025 |  |
| 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. | $1.5M | Seed | Oct 27, 2024 |  |
| SHIFT | Shift mission is to develop sustainable solutions and reshape the landscape in Saudi Arabia by offering a full suite of services. | $82.8M | Seed | Sep 24, 2024 |  |
| Yalla Plus | Yalla Plus offers QR-based digital menu solutions for restaurants, featuring integrated payments and easy menu management. | $2.7M | Seed | Aug 18, 2024 |  |
| Jisr HR | JisrHR is a Human resource management firm that offers HR solutions, time and attendance, reports, benefits and payroll services. | $30M | Series A | Oct 04, 2023 |  |
| Arib | Arib is a FinTech and digital broker for personal loans. | $2.3M | Seed | Mar 21, 2022 |  |
| 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. | $1M | Seed | Mar 26, 2018 |  |
| Joi Gifts | Joi Gifts is a full-service mobile platform for physical gifts. joi was born out of the belief that the world can be made a happier place, one gift at a time. With the best quality flowers and free same-day delivery, premium cakes and chocolates, balloons, gourmet gift baskets, unique personalized items and more, we have what it takes to put agenuine smile on anyone’s face and turn the experience of gift-giving into memorable occasions for you and those you care about the most. | $2.3M | Seed | Feb 22, 2018 |  |
| Enhance Ventures | Enhance is the venture builder for the Middle East, North Africa, Pakistan, Turkey region (MENAPT) that builds online businesses that deliver life-enhancing products and services to their customers.Portfolio companies include Middle East's leading online gifting platform joi (www.joigifts.com). Enhance's investors include venturecapital fund 500 Startups, Shorooq Capital, Inet, Hala Capital, Kadi Holding, Two Culture Capital, and leading angel investors from the Middle East, Europe, and the US. | $1.5M | Seed | Feb 22, 2018 |  |

10 of 14 investments shown.

## Co-investors
- [500 Global](https://shizune.co/investors/profile/500-startups) — VC Fund, 2 deals together
- [Shorooq Partners](https://shizune.co/investors/profile/shorooq-partners) — VC Fund, 2 deals together
- [Alsulaiman Group](https://shizune.co/investors/profile/alsulaiman-group) — VC Fund, 1 deal together
- [Financial Horizon Group](https://shizune.co/investors/profile/financial-horizon-group) — VC Fund, 1 deal together
- [Isometry Capital](https://shizune.co/investors/profile/isometry-capital) — VC Fund, 1 deal together
- [Khwarizmi Ventures](https://shizune.co/investors/profile/khwarizmi-ventures) — VC Fund, 1 deal together

## About Merak Capital

VC Fund · Riyadh, Saudi Arabia

Merak Capital is a licensed company by the CMA to manage private investment funds, investor portfolios, and advise on financial securities, under the license number 18194-32, with a specialized focus on technology investments. Investments are done across different asset classes, with a primary focus on equities. In the private equity class, as wellas venture capital, the main regions of operation are KSA and MENA. In public equities, investments operate on global stock exchanges.At Merak Capital we focus on technology as the main driver for growth across the globe, and specifically in Saudi Arabia and the MENA region. We build our internal teams around technological research and understanding, staying at the forefront of breakthrough software and hardware, and finding investment opportunities that are aligned with adoption cycles from different sectors. Nowadays, most businesses and sectors are becoming digitized to stay relevant and compete with new entrants. Technological integration shifted from a luxury and a competitive advantage to a must-have for businesses and governments alike. Merak Capital is positioned to lead investments in this transition as well as unlock new markets and venues for growth, enabled by technological innovation and the entrepreneurial spirit.

5 contacts available at Merak Capital.

| Name | Title | Profile |
| --- | --- | --- |
| Omar Alsubaie | Associate | https://shizune.co/investors/profile/omar-alsubaie |
| Othman Alhokail | Partner | https://shizune.co/investors/profile/othman-alhokail |
| Abdullah Altamami | Founding Partner & CEO | https://shizune.co/investors/profile/abdullah-altamami |
| Manal Altamami | Legal Analyst | https://shizune.co/investors/profile/manal-altamami |
| Mohammed Mohammed Alsaeed | Investment Analyst | https://shizune.co/investors/profile/mohammed-mohammed-alsaeed |

## Similar investors

### Similar stage
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund
- [Right Side Capital Management](https://shizune.co/investors/profile/right-side-capital-management) — VC Fund

## FAQ

### What does Abdullah Altamami invest in?

Abdullah Altamami invests primarily in FinTech, Financial Services and Mobile startups, most often at Seed and Series A stage. Most of the 14 investments tracked by Shizune back companies in Saudi Arabia. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did Abdullah Altamami last invest?

The most recent investment recorded for Abdullah Altamami closed in May 2026. Shizune tracks 14 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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