Mark Fitz
This article showcases our top picks for the best Arab World based Banking companies. These startups and companies are taking a variety of approaches to innovating the Banking industry, but are all exceptional companies well worth a follow.
We tried to pick companies across the size spectrum from cutting edge startups to established brands.
We selected these startups and companies for exceptional performance in one of these categories:
- Innovation
- Innovative ideas
- Innovative route to market
- Innovative product
- Growth
- Exceptional growth
- Exceptional growth strategy
- Management
- Societal impact
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Top Arab World Banking Startups
Data sourced from Crunchbase and SemRush.
African Development Bank
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African Development Bank operates as a multilateral development finance institution in Africa.
Tarabut Gateway
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MENA’s first and largest regulated Open Banking platform (AISP & PISP) that connects a regional network of banks and FinTechs via API.
stc pay
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First licensed fintech company in Kingdom by SAMA, the largest digital wallet in the MEMA, and the first Saudi fintech unicorn startup
National Bank of Egypt
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National Bank of Egypt is a commercial bank that provides financial products and services.
Fawry
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Fawry is a pioneering Electronic Payment Network, offering financial services to consumers and businesses
NymCard
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NymCard is a cloud-based issuer processor enabling financial institutions to build virtual and plastic card programs for their customers.
NOW Money
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NOW Money uses mobile banking technology to bring accounts and remittance to the unbanked population of the Middle East.
First Abu Dhabi Bank
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FAB is the bank and financial institution that offers an extensive range of tailor-made solutions.
Abu Dhabi Commercial Bank
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Abu Dhabi Commercial Bank offers personal and business banking services to the customers.
Souqalmal
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Souqalmal is the leading financial comparison site in the Middle East with operations in Saudi Arabia, Bahrain and the UAE.
Bank Of Africa
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Bank of Africa offers banking products for individuals, professionals, Moroccans living abroad.
Telda
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Telda is the easiest and fastest way to send, spend and save money.
QNB Group
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QNB Group is a government-owned commercial bank in Qatar.
Commercial International Bank
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CIB is a financial service company that strives to provide superior financial solutions to meet all customers’ needs.
MNT-Halan
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MNT-Halan is a microfinance lending and payments company.
GFH Financial Group
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GFH is a dynamic financial investment group with a clear vision to develop a high growth.
Bank Muscat
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Bank Muscat is the leading financial services.
Doha Bank
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Doha Bank is one of the largest commercial banks in the State of Qatar.
African Export-Import Bank
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The African Export-Import Bank (Afreximbank) finances and promotes intra- and extra-African trade.
National Bank of Kuwait
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The first indigenous bank and the first shareholding company in the entire Gulf region.
Dayra
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Dayra empowers companies to offer financial services to their unbanked gig-workers and customers.
Xpence
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Xpence is the MENAP region’s first smart business spend platform for freelancers, startups, SMEs, and corporates.
Qatar National Bank Alahli
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Qatar National Bank Alahli is an Egyptian financial organization that offers investment and commercial banking services.
Housing Bank for Trade and Finance
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Housing Bank for Trade and Finance a public shareholding limited company with a capital amounting to half a million JD.
FinFirst Capital
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The”” SuperApp for everything finance and money.
Solfeh
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Solfeh is a FinTech micro-lending platform, providing same-day emergency cash advancements to salaried employees.
Credit Libanais
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Credit Libanais provides various banking products and services.
Vapulus
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Vapulus simplifies online shopping experiences and increases conversion rates.
Bankonus.com
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We provide you with free and unbiased comparison of banks, insurance policies, credit cards, loans and much more.
Mashreq Bank
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Mashreq is a banking and financial services platform.
Codebase Technologies
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One of the world’s fastest-growing fintechs with a vision “to disrupt the way technology is utilized, for a greater purpose.”
DepositBook
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DepositBook is an online platform and an open banking network which connects Banks and Depositors globally.
Gocash
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GoCash enables every shop in the neighborhood to act as a “virtual ATM” using just a smartphone or its POS-system.
Qatar Investment Authority
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Qatar Investment Authority is a sovereign wealth fund that protects and grows Qatar’s financial assets and to diversify the economy.
Sanabil
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Sanabil Investments is a sovereign wealth fund specializing in direct and fund of funds investments.
Khaleeji Commercial Bank
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Khaleeji Commercial Bank is a commercial bank institution and financial services handler.
Maliyya
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Maliyya is a global sharia compliant P2P financing & investing platform.
Compareha
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Compareha is a comparison site for financial products based in Cairo, Egypt.
National Bank of Abu Dhabi
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NBAD was Abu Dhabi’s first local bank and has played a formative role in building the country’s financial system.
Qatar Development Bank
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Qatar Development Bank is a Banking and Financial Sector.
Tweeq
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Tweeq is offering a a feature-rich spending account for modern individuals and SME’s with a user first approach.
National Commercial Bank
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National Commercial Bank offers solutions specifically designed for personal and business needs.
Kingdom Holding Company
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Kingdom Holding Company is one of the world’s premier international investment companies.
Ahli United Bank
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Ahli United Bank offers global fund management and life insurance services.
Forus Financial
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Marketplace, AI, Lending, Investments, Financing, Artificial Intelligence
Commercial Bank Of Qatar
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Commercial Bank Of Qatar engages in conventional banking, brokerage services, and credit card businesses.
Amwalcom
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Matching people looking for financial products with the financial institutes; providing the latter with validated leads & analytics
Qatar International Islamic Bank
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Qatar International Islamic Bank (Q.S.C) engages in banking, financing, and investing activities.
Banque du Caire
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Banque du Caire is a banking company that specializes in providing BDC online banking, phone banking, and mobile banking app.
Riyad Bank
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Riyad Bank is an arabic financial institution for businesses and individuals.
Bankiom
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Bankiom is a digital bank for millennials and mobile natives.
Savii – Banking for Teens
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The first neobank for teens in the GCC
Neo Technologies
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Neo Technologies is a UAE based, leading technology services company focused on digital wealth management solutions in the MENA region.
Wamda
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Wamda accelerates entrepreneurship ecosystems throughout the MENA region by joining Wamda Capital and the leading knowledge platform in MENA
Splintr
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Splintr is the first Buy Now Pay Later company in the GCC region, offering customers multiple payment options at the point of checkout.
Abu Dhabi Islamic Bank (ADIB)
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Abu Dhabi Islamic Bank is an Islamic bank based in Abu Dhabi city, in the United Arab Emirates.
Salaam African Bank
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Salaam African Bank is a providers of financial products and services in the East African region.
SFM Corporate Services
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SFM is a corporate and trust service provider that offers incorporation services.
Commercial Bank of Dubai
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Commercial Bank of Dubai is registered as Public Shareholding Company. The bank has developed its very own mobile banking app for iOS to
Xpress Money
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Xpress Money is the world’s fastest growing instant money transfer brand with its simple, fast, safe money transfers!
SUISSE BANK PLC
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SUISSE BANK offers private and corporate digital bank accounts, blockchain banking and trade finance.
Bank AlBilad
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Bank AlBilad provides solutions in multiple segments including retail banking, business products, investment, and international remittance.
Palestine Islamic Bank
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Palestine Islamic Bank is engaged in banking, financial, and trade services in Palestine.
Masraf Al Rayan
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Masraf Al Rayan focuses in supervising, protecting, and growing the assets of customers and shareholders.
Universal Exchange Center
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Universal Exchange Center offers swift transfer, currency operation, demand drafts, remittance operation and salary administration services.
International Turnkey Systems
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International Turnkey Systems is a leading provider of cutting-edge integrated information technology solutions.
Samba Financial Group
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Samba Financial Group is a multinational banking firm that offers a range of financial solutions.
National Bank of Fujairah
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NBF has a long established reputation for excellence in the areas of corporate and commercial banking, trade finance and treasury.
Alawwal Bank
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Alawwal Bank specializes in providing banking and investment services.
Kuwait Finance
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Kuwait Finance House is considered a pioneer in the banking phenomenon known as Islamic Finance or Shari’a Compliant Banking.
Sharjah Islamic Bank
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Sharjah Islamic Bank’s reputation and continued success has been built by providing customers with unparalleled levels of service.
Bank Nizwa
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Bank Nizwa offers customers a quality banking experience with its banking systems and software.
MashreqNeo
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MashreqNeo provides digital banking services for the day-to-day needs.
Banque Saudi Fransi
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Banque Saudi Fransi (BSF) is a Saudi Arabian Joint Stock Company.
Al Rajhi Capital
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Al Rajhi Capital is a financial and banking services company that specializes in brokerage, asset and investment management services.
Emirates Investment Bank
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Emirates Investment Bank is an independent private bank, offering tailor-made banking and investment services to a select client base.
Arab African International Bank
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Arab African International Bank provides banking, credit cards, payroll, corporate finance and wealth management services.
Banque de l’Agriculture et du Developpement Rural
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Banque de l’Agriculture et du Developpement Rural provides banking and financial services to its customers.
FINMAAL
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Finmaal is a fintech venture on a mission to simplify financial products for making people lives easier.
Bank ABC
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Bank ABC is licensed as a conventional wholesale bank by the Central Bank of Bahrain.
Attijariwafa bank
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Attijariwafa bank performs traditional banking for professionals, individuals and Moroccans living abroad.
Capital Bank of Jordan
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Capital Bank of Jordan is a Financial Institutions.
CIH BANK
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CIH BANK is a Moroccan bank that offers retail banking services.
Emirates Islamic
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A leading Islamic financial services institution with a core platform in retail banking and a strong commercial banking franchise.
CNS
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CNS deals with innovations and technology in areas like digital banking, cybersecurity, cloud, IT, data and analytics.
Gulf Bank Algeria
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Gulf Bank Algeria offers financial products and services for companies, professionals and individuals .
RAKBANK
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The National Bank of Ras Al-Khaimah is one of the fastest growing and most dynamic banks in the UAE.
Dukhan Bank
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Dukhan Bank is Qatar’s retail Bank provides savings accounts, current bank accounts.
Qatar Islamic Bank
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Qatar Islamic Bank is an Islamic financial institution that operates under the supervision of the Shari’a board.
Path Solutions
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A global provider of technology solutions, consulting services and outsourcing addressing the finance industry.
Banque Extérieure d’Algérie
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Banque Extérieure d’Algérie is a commercial bank that offers banking services to private and corporate clients in Algeria.
The Saudi Investment Bank
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The Saudi Investment Bank is a joint stock company that provides wholesale, retail, and commercial banking products and services.
Axe FinanceAxe Finance
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Axe Finance provides Credit Process Automation solutions and consulting in the Banking IT and Risk domains.
CBK
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CBK financial institutions in Kuwait that provide innovative financial and investment solutions.
Samarra Inc
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Samarra, the application for all things money.
Al Baraka Banking Group
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Al Baraka Banking Group is a Bahrain Joint Stock Company licensed as an Islamic wholesale bank by Central Bank of Bahrain.
Adeem Capital
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Adeem Capital offers a broad range of asset and wealth management, investment banking, corporate finance and advisory services.
Central Bank of the United Arab Emirates
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Central Bank of United Arab Emirates formulates and implements the monetary policy monetary stability.
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