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101 Top Arab World Finance Companies and Startups

This article showcases our top picks for the best Arab World based Finance companies. These startups and companies are taking a variety of approaches to innovating the Finance 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

Top Arab World Finance Startups

Data sourced from Crunchbase and SemRush.

African Development Bank

African Development Bank

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African Development Bank operates as a multilateral development finance institution in Africa.

Flat6Labs

Flat6Labs

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Flat6Labs is a seed and early-stage venture capital firm that primarily invests in tech-driven startups.

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Investcorp

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Investcorp is a provider and manager of alternative investment products, serving high-net-worth private and institutional clients.

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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

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Thndr

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Thndr is a financial services company that operates an app-based investment platform.

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National Bank of Egypt

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National Bank of Egypt is a commercial bank that provides financial products and services.

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Fawry

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Fawry is a pioneering Electronic Payment Network, offering financial services to consumers and businesses

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SellAnyCar.com

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SellAnyCar.com – The Middle East’s first online car buying service. Sell any car to us. Guaranteed purchase & payment within 30 minutes.

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CoinMENA

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CoinMENA is a Sharia-compliant crypto-assets trading platform that buys, sells, stores, and receives digital asset’s safety and security.

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Abu Dhabi Commercial Bank

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Abu Dhabi Commercial Bank offers personal and business banking services to the customers.

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Gulf Capital

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Gulf Capital is an investment firm with experience in Growth Markets across Private Equity, Private Debt, Growth Capital, and Real Estate.

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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.

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Mamo

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A bold and inclusive FinTech committed to empowering people to effortlessly access their money through simpler, faster, friendlier finance.

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Lendo

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Lendo is a fintech company that offers a peer-to-peer lending platform with core focus towards SMEs debt finance.

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Global Ventures

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Global Ventures is a UAE-based international venture capital firm investing in founders and ideas across emerging markets.

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QNB Group

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QNB Group is a government-owned commercial bank in Qatar.

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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.

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Waha Capital

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Waha Capital’s principal investment and co-investment interests span various sectors, including aircraft leasing, offshore oil and gas

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yallacompare

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yallacompare is a Middle-East-based financial comparison platform that enables its users to compare banks and financial institutions.

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Sympl

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Sympl is a company that provides buy now pay later service.

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Lamaa

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Lamaa develops financial technology solutions to small and medium enterprises.

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Saudi Arabia’s Public Investment Fund

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The Public Investment Fund (PIF) facilitates the development of the Saudi Arabian national economy.

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BECO Capital

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BECO Capital provides growth capital and hands-on operational support for early-stage technology companies.

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OneCard

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OneCard is the leading online payment solutions provider in MENA region.

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Dayra

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Dayra empowers companies to offer financial services to their unbanked gig-workers and customers.

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Wally

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The easiest and fastest way to manage your financial life in one place. Get clarity. Get smarter. Get in-control.

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liwwa

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liwwa is an intermediary that connects investors and small businesses.

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Democrance

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Democrance is an insurance technology company that offers insurance and protection to the 99% uninsured population in the region.

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Zywa (YC W22)

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Zywa is the first neobank for teenagers in the Middle East and North Africa region

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Raseedi

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Raseedi is the first daily fintech App for underbanked masses.

Flat6Labs

Wamda Capital

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Wamda Capital is the MENA region’s leading venture capital firm investing in exceptional entrepreneurs.

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Vneuron

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Vneuron provides Cloud and On-Premise Technologies for Anti Money Laundering (AML) and Digital Experience (DX/DXP).

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Sanad Cash

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Sanad Cash helps employees relieve financial stress by getting them instant access to their salaries between paychecks.

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Arib

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Arib is a FinTech and digital broker for personal loans.

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Baraka

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Baraka develops a commission-free investment app for the GCC.

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Enda Tamweel

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Enda Tamweel is a microfinance company.

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Algebra Ventures

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Algebra Ventures is a venture capital fund that invests in early-stage technology companies.

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VôM

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VôM is a homegrown accounting software platform.

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Monami Tech

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Monami Tech helps financial institutions to build efficiency and streamlines operations.

Flat6Labs

Money Protects™ of MAB Innovations ROFR Co.

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Financial Services – FinTech

Flat6Labs

CapB

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A multifaceted, multipurpose and multinational investment office

Flat6Labs

Khwarizmi Ventures

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Khwarizmi Ventures is a venture capital firm that seeks investments in startups with a passion for algorithms.

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Mashreq Bank

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Mashreq is a banking and financial services platform.

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Jabbar Internet Group

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Jabbar is a leading investor in the MENA region with the biggest exits so far (maktoob.com to Yahoo) and (Souq.com to Amazon) .

Flat6Labs

AZ eWallet

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A to Z for all your FinTech services!

Flat6Labs

Tamawal

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Tamawal offers premium and quick loan service for businesses

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Falcon Group

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Falcon Group is a leading international financial services business

Flat6Labs

Let’sGrant

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Let’sGrant is a Point of Sale Lending Platform making the lending process at consumer goods stores fast, simple and flexible for everyone.

Flat6Labs

S1lkPay

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S1lk Pay is a financial services company that specializes in mobile banking, card payments, money remittance, and foreign exchange.

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maykiHA

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maykiHA specializes in fundraising iin MENA by making funding adventure easy and effective.

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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.​

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Savola Group

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Savola Group is an investment company focused on food and retail.

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KAUST Innovation Fund

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KAUST Innovation Fund is a venture capital firm that invests in startups and early-stage companies.

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Swiver

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Swiver provides online business management solutions.

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Peaqock Financials

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Peaqock Financials is a financial technology platform.

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Apex Fund Services

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Apex provides portfolio valuations, corporate secretarial administration, directorships and listing sponsorships.

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ilboursa

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Ilboursa operates as an online economic and finance news platform.

Flat6Labs

Ennota

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A young financial management startup, focusing on cash flow management, budgeting and projections for small businesses

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EQ2 Ventures

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EQ2 Ventures is an investment firm that invests in Seed to Series B-stage startup companies.

Flat6Labs

UbexPay Gateway

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UbexPay Gateway – E-Payment Solution & Ecommerce, The most advanced in Africa & Arabic world.

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Middle East Venture Partners (MEVP)

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MEVP is a Middle East-focused venture capital firm that invests in the Middle East region with a focus on the GCC and Levant markets.

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NoQood

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NoQood aims to provide users with information about financial market products and services.

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Sawari Ventures

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Sawari Ventures provides entrepreneurs in the Middle East and North Africa with foreign investments and is based in Cairo, Egypt.

Flat6Labs

Coinsfera

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Coinsfera, the best exchange to buy and sell bitcoin in Dubai with cash instantly and securely.

Flat6Labs

Daher Capital

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Daher Capital is a family office that invests in public and private equity markets globally.

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Qatar Development Bank

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Qatar Development Bank is a Banking and Financial Sector.

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Deepera.AI

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Deepera.AI specializes in offering AI-based solutions to provide better financial advisory services and strategies for its clients.

Flat6Labs

Oqal

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A group of young entrepreneurs to connect young people with ideas.

Flat6Labs

STV

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STV is the largest independent VC fund in MENA with $500m in AUM. STV backs and scales the region’s most exciting and disruptive ventures.

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Alex Angels

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Alex Angels is an investment management company that helps investors to invest in early-stage companies with strong management teams.

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National Commercial Bank

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National Commercial Bank offers solutions specifically designed for personal and business needs.

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STC Ventures

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STC Ventures is an independently managed venture capital fund whose anchor investor is the Saudi Telecom Company

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Kingdom Holding Company

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Kingdom Holding Company is one of the world’s premier international investment companies.

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Edfundo

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Edfundo provides a money management app and prepaid card giving kids and teens an unrivalled banking experience.

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DASH Ventures

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DASH Ventures is a Venture Capital firm operating at the forefront of MENA’s rapidly transforming economic landscape.

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Enabling Future

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Enabling Future is a family office backed Venture Capital firm that provides entrepreneurs with early-stage capital and active support.

Flat6Labs

CASHU

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CASHU is a safe payment method designed for and customized to suit, serve, and support online shoppers.

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Ventura Capital

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Ventura Capital is an investment firm focused on late-stage high-growth companies in global technology sectors

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Qatar International Islamic Bank

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Qatar International Islamic Bank (Q.S.C) engages in banking, financing, and investing activities.

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AMEX (Middle East) B.S.C.

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AMEX (Middle East) B.S.C. provides credit cards. It offers dollar currency credit and charge cards, and company and corporate cards.

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Emkan Finance

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Emkan Finance is an omnichannel FinTech brand that offers innovative financing solutions.

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UAE Exchange

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UAE Exchange is the leading global remittance, foreign exchange and payment solutions brand.

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Ali Cloud Investment

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Ali Cloud Investment is a Dubai-based boutique investment banking firm.

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Holo.ae

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Holo is the first web-based Digital mortgage advice and application platform in the Middle East.

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Swicorp

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Swicorp is a leading Investment banking, private equity and asset management firm with a specific focus on the Middle East and North Africa.

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EFG EV Fintech

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EFG EV Fintech is investing in startups and bolstering the Fintech ecosystem in the process.

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EFG Hermes

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Established in 1984, EFG Hermes is the leading investment bank in the Arab world. The Firm specializes in Securities Brokerage, Investment

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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.

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Exirio

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Track all your wealth. In one place.

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ElGameya

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ElGameya is a mobile app that based on Collaborative Lending and Saving solution (ROSCA Model).

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Nonoo Exchange Company

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Nonoo Exchange Company is a money exchange company that offers trading, foreign exchange & remittance services to Businesses & individuals.

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Salaam African Bank

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Salaam African Bank is a providers of financial products and services in the East African region.

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Al Khayyat Investments

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Al Khayyat Investments specializes in investments in people who have expertise and experience in delivering success in various sectors.

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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

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Cash Plus

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Cash Plus is a moroccan company that aims to make life easier for people by providing easy access to financial and payment services.

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Bank AlBilad

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Bank AlBilad provides solutions in multiple segments including retail banking, business products, investment, and international remittance.

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Palestine Islamic Bank

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Palestine Islamic Bank is engaged in banking, financial, and trade services in Palestine.

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Universal Exchange Center

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Universal Exchange Center offers swift transfer, currency operation, demand drafts, remittance operation and salary administration services.

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Finllect

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Better financial health for the next gen.

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KBW Investments

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KBW invests in a diverse array of businesses from established businesses in the construction industry to promising technology start-ups

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First Gulf Bank

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As one of the leading banks in the UAE, First Gulf Bank (FGB) has Shareholder Equity of more than AED24 billion making it one of the

Written by Mark Fitz

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