101 Top Arab World Financial Services Companies and Startups

May 11, 2022

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

Data sourced from Crunchbase and SemRush.

Khazna

Khazna

Crunchbase Website Twitter Facebook Linkedin

A Financial Super App that offers easy to use, technology-driven financial services to Egypt’s underserved consumers and micro-businesses.

Paymob

Paymob

Crunchbase Website Twitter Facebook Linkedin

Paymob is a digital payments enabler for emerging markets, helping small and large enterprises accept payments online and in-store.

Paymob

Cashew Payments

Crunchbase Website Twitter Facebook Linkedin

Cashew is a payments platform that allows its customers to shop now and pay later in equal monthly installments.

Paymob

African Development Bank

Crunchbase Website Twitter Facebook Linkedin

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

Paymob

tabby

Crunchbase Website Twitter Facebook Linkedin

Tabby is a Buy Now, Pay Later payments company allowing consumers to shop and pay in 4 installments at no cost.

Paymob

Rain

Crunchbase Website Twitter Facebook Linkedin

Rain is an operator and custodian of digital currency exchange intended to make digital transactions.

Paymob

BitOasis

Crunchbase Website Twitter Facebook Linkedin

BitOasis is a cryptocurrency trading platform offering a digital asset wallet and exchange to buy, sell, and trade.

Paymob

Investcorp

Crunchbase Website Twitter Facebook Linkedin

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

Paymob

Shuaa Capital psc

Crunchbase Website Twitter Facebook Linkedin

SHUAA Capital psc is a leading asset management and investment banking platform, with c. US$14 billion in assets under management.

Paymob

Lean Technologies

Crunchbase Website Twitter Facebook Linkedin

Lean Technologies is a FinTech startup that develops a platform to provide access to consumer financial data.

Paymob

Tarabut Gateway

Crunchbase Website Twitter Facebook Linkedin

MENA’s first and largest regulated Open Banking platform (AISP & PISP) that connects a regional network of banks and FinTechs via API.

Paymob

stc pay

Crunchbase Website Twitter Facebook Linkedin

First licensed fintech company in Kingdom by SAMA, the largest digital wallet in the MEMA, and the first Saudi fintech unicorn startup

Paymob

Thndr

Crunchbase Website Twitter Facebook Linkedin

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

Paymob

Hubpay

Crunchbase Website Twitter Facebook Linkedin

Hubpay is an independently regulated provider of cross-border money services designed to increase financial inclusion in emerging markets.

Paymob

PayTabs

Crunchbase Website Twitter Facebook Linkedin

World’s simple and trusted payments since 2014. PayTabs is an award winning, global, B2B online payments Solution Provider.

Paymob

National Bank of Egypt

Crunchbase Website Twitter Facebook Linkedin

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

Paymob

Fawry

Crunchbase Website Twitter Facebook Linkedin

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

Paymob

Postpay

Crunchbase Website Twitter Facebook Linkedin

Buy Now. Pay Later. Zero Interest. Zero Fees.

Paymob

MoneyFellows

Crunchbase Website Twitter Facebook Linkedin

MoneyFellows is a collaborative money management and lending platform digitizing ROSCAs offering users competitive financial solutions.

Paymob

Mubadala

Crunchbase Website Twitter Facebook Linkedin

Mubadala is a sovereign investor managing a global portfolio, aimed at generating sustainable financial returns for its shareholder.

Paymob

NymCard

Crunchbase Website Twitter Facebook Linkedin

NymCard is a cloud-based issuer processor enabling financial institutions to build virtual and plastic card programs for their customers.

Paymob

NOW Money

Crunchbase Website Twitter Facebook Linkedin

NOW Money uses mobile banking technology to bring accounts and remittance to the unbanked population of the Middle East.

Paymob

Beehive

Crunchbase Website Twitter Facebook Linkedin

Beehive connect businesses looking for finance with investors, building mutually beneficial partnerships for growth.

Paymob

CoinMENA

Crunchbase Website Twitter Facebook Linkedin

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

Paymob

Channel VAS

Crunchbase Website Twitter Facebook Linkedin

The premium Fintech provider of Mobile Financial Services, Airtime Credit & Airtime Advance Services, Handset Loans and Big Data Analytics

Paymob

First Abu Dhabi Bank

Crunchbase Website Twitter Facebook Linkedin

FAB is the bank and financial institution that offers an extensive range of tailor-made solutions.

Paymob

Abu Dhabi Commercial Bank

Crunchbase Website Twitter Facebook Linkedin

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

Paymob

Gulf Capital

Crunchbase Website Twitter Facebook Linkedin

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

Paymob

Souqalmal

Crunchbase Website Twitter Facebook Linkedin

Souqalmal is the leading financial comparison site in the Middle East with operations in Saudi Arabia, Bahrain and the UAE.

Paymob

Ziina

Crunchbase Website Twitter Facebook Linkedin

Ziina is bringing the next generation of financial services to the Middle East. Ziina is the UAE’s first peer-to-peer payment app.

Paymob

Lendo

Crunchbase Website Twitter Facebook Linkedin

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

Paymob

Global Ventures

Crunchbase Website Twitter Facebook Linkedin

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

Paymob

Telr

Crunchbase Website Twitter Facebook Linkedin

An award-winning, Dubai-based start-up offering payment gateway solutions.

Paymob

Bank Of Africa

Crunchbase Website Twitter Facebook Linkedin

Bank of Africa offers banking products for individuals, professionals, Moroccans living abroad.

Paymob

Telda

Crunchbase Website Twitter Facebook Linkedin

Telda is the easiest and fastest way to send, spend and save money.

Paymob

QNB Group

Crunchbase Website Twitter Facebook Linkedin

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

Paymob

Commercial International Bank

Crunchbase Website Twitter Facebook Linkedin

CIB is a financial service company that strives to provide superior financial solutions to meet all customers’ needs.

Paymob

Waha Capital

Crunchbase Website Twitter Facebook Linkedin

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

Paymob

MNT-Halan

Crunchbase Website Twitter Facebook Linkedin

MNT-Halan is a microfinance lending and payments company.

Paymob

GFH Financial Group

Crunchbase Website Twitter Facebook Linkedin

GFH is a dynamic financial investment group with a clear vision to develop a high growth.

Paymob

Bank Muscat

Crunchbase Website Twitter Facebook Linkedin

Bank Muscat is the leading financial services.

Paymob

North Ladder

Crunchbase Website Twitter Facebook Linkedin

North Ladder is a Real-time auction driven second hand marketplace facilitating access to quick cash for consumer assets.

Paymob

Cassbana

Crunchbase Website Twitter Facebook Linkedin

Cassbana uses AI to run a behavior-based credit scoring system, which determines individuals and businesses ‘ access to credit.

Paymob

Doha Bank

Crunchbase Website Twitter Facebook Linkedin

Doha Bank is one of the largest commercial banks in the State of Qatar.

Paymob

Rasan

Crunchbase Website Twitter Facebook Linkedin

Rasan is an insure-tech company that provides technical solutions to insurance brokerage and financial services sector.

Paymob

African Export-Import Bank

Crunchbase Website Twitter Facebook Linkedin

The African Export-Import Bank (Afreximbank) finances and promotes intra- and extra-African trade.

Paymob

Klaim

Crunchbase Website Twitter Facebook Linkedin

Klaim is an InsureTech platform offering a SaaS medical claim management and financing platform all in one.

Paymob

Sympl

Crunchbase Website Twitter Facebook Linkedin

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

Paymob

Smart Crowd

Crunchbase Website Twitter Facebook Linkedin

Smart Crowd is an innovative real estate investment platform.

Paymob

Hala

Crunchbase Website Twitter Facebook Linkedin

Hala is a digital financial platform for your payments.

Paymob

Lamaa

Crunchbase Website Twitter Facebook Linkedin

Lamaa develops financial technology solutions to small and medium enterprises.

Paymob

Saudi Arabia’s Public Investment Fund

Crunchbase Website Twitter Facebook Linkedin

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

Paymob

SimpliFi

Crunchbase Website Twitter Facebook Linkedin

SimpliFi is on a mission to democratize payments by building the leading Cards as a Service (CaaS) platform for MENA and Pakistan.

Paymob

ADQ

Crunchbase Website Twitter Facebook Linkedin

ADQ is a holding company with a diverse portfolio of major enterprises.

Paymob

Qashio

Crunchbase Website Twitter Facebook Linkedin

Qashio is a spend management platform that allows people to monitor costs, make payments with app credit cards, and handle payables.

Paymob

National Bank of Kuwait

Crunchbase Website Twitter Facebook Linkedin

The first indigenous bank and the first shareholding company in the entire Gulf region.

Paymob

Tamara

Crunchbase Website Twitter Facebook Linkedin

The leading Buy Now Pay Later provider in the MENA region

Paymob

BECO Capital

Crunchbase Website Twitter Facebook Linkedin

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

Paymob

Mala’a Technologies

Crunchbase Website Twitter Facebook Linkedin

Mala’a Technologies is a finance management app that helps manage finances and provides recommendations on finances.

Paymob

Raseed

Crunchbase Website Twitter Facebook Linkedin

Raseed makes investing in the US Stock Market simple, easy and affordable.

Paymob

Alaan

Crunchbase Website Twitter Facebook Linkedin

Alaan is a multi-currency spend management platform enabling SMEs to digitise their business expenses.

Paymob

Dawul

Crunchbase Website Twitter Facebook Linkedin

Dawul is a platform that allows investors to share details of the financial status of their portfolios with other investors.

Paymob

Dayra

Crunchbase Website Twitter Facebook Linkedin

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

Paymob

Kashat

Crunchbase Website Twitter Facebook Linkedin

Kashat is the first of its kind mobile app in Egypt designed to help micro businesses owners with small loans and other financial services

Paymob

Wally

Crunchbase Website Twitter Facebook Linkedin

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

Paymob

Xpence

Crunchbase Website Twitter Facebook Linkedin

Xpence is the MENAP region’s first smart business spend platform for freelancers, startups, SMEs, and corporates.

Paymob

MANAFA Capital

Crunchbase Website Twitter Facebook Linkedin

MANAFA is an investment marketplace for innovative businesses regulated by the Saudi Capital Market Authority

Paymob

AFS

Crunchbase Website Twitter Facebook Linkedin

AFS provides card processing, merchant acquiring, online fraud monitoring and leading payment solutions to financial sectors.

Paymob

liwwa

Crunchbase Website Twitter Facebook Linkedin

liwwa is an intermediary that connects investors and small businesses.

Paymob

Shahry

Crunchbase Website Twitter Facebook Linkedin

Shahry operates as a digital lending startup.

Paymob

PaySky

Crunchbase Website Twitter Facebook Linkedin

Next-generation electronic payment solutions provider

Paymob

Hakbah

Crunchbase Website Twitter Facebook Linkedin

Hakbah is a Fintech startup focusing on an alternative financial saving.

Paymob

Clearly

Crunchbase Website Twitter Facebook Linkedin

Clearly is a digital bank in the Middle East.

Paymob

SkipCash

Crunchbase Website Twitter Facebook Linkedin

SkipCash is a mobile payment app that provides consumers and merchants with a convenient and enjoyable payment experience.

Paymob

Funding Souq

Crunchbase Website Twitter Facebook Linkedin

Funding Souq ia digital lending platform that connects investors with established SMEs that are seeking business loans.

Paymob

Paynas

Crunchbase Website Twitter Facebook Linkedin

Paynas is a digital platform that provides businesses with a tool to boost workforce management and payroll cards for their employees.

Paymob

Qatar National Bank Alahli

Crunchbase Website Twitter Facebook Linkedin

Qatar National Bank Alahli is an Egyptian financial organization that offers investment and commercial banking services.

Paymob

Democrance

Crunchbase Website Twitter Facebook Linkedin

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

Paymob

Kamel Pay

Crunchbase Website Twitter Facebook Linkedin

Kamel Pay is a fintech and digital financial solutions provider.

Paymob

Zywa (YC W22)

Crunchbase Website Twitter Facebook Linkedin

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

Paymob

BankDhofar

Crunchbase Website Twitter Facebook Linkedin

BankDhofar, the best bank for you

Paymob

EmiSwap

Crunchbase Website Twitter Facebook Linkedin

Decentralized Automated Market Making exchange with NFTs and ESW governance token

Paymob

Lnddo

Crunchbase Website Twitter Facebook Linkedin

Digital Lending for SMEs

Paymob

Nexta

Crunchbase Website Twitter Facebook Linkedin

Nexta is a platform that allows users to transfer money and aggregate their existing payment cards into one Nexta card.

Paymob

Invoice Bazaar

Crunchbase Website Twitter Facebook Linkedin

Invoice Bazaar is a Fintech company that is focused on the financial inclusion of under-served Small and Mid-sized Enterprises (SME).

Paymob

Go Rise

Crunchbase Website Twitter Facebook Linkedin

Go Rise is a start-up building a financial services platform for migrants.

Paymob

MadfooatCom

Crunchbase Website Twitter Facebook Linkedin

MadfooatCom is a Jordanian P.S.C. company that provides online, real-time bill presentment and payment system.

Paymob

Cashee

Crunchbase Website Twitter Facebook Linkedin

Cashee provides a prepaid card and digital platform to kids and teens.

Paymob

EdfaPay

Crunchbase Website Twitter Facebook Linkedin

Edfapay is a fintech enterprise that provides smart & efficient payment solutions.

Paymob

Housing Bank for Trade and Finance

Crunchbase Website Twitter Facebook Linkedin

Housing Bank for Trade and Finance a public shareholding limited company with a capital amounting to half a million JD.

Paymob

Remitex Technologies Ltd

Crunchbase Website Twitter Facebook Linkedin

DIGI is a financial institution’s digital compliance officer.

Paymob

Wamda Capital

Crunchbase Website Twitter Facebook Linkedin

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

Paymob

Bringy

Crunchbase Website Twitter Facebook Linkedin

bringy helps customer get and claim insurance services in minutes

Paymob

Zoomaal

Crunchbase Website Twitter Facebook Linkedin

Zoomaal is the leading crowdfunding platform in the Arab world.

Paymob

cwallet

Crunchbase Website Twitter Facebook Linkedin

PAYROLL.PAYMENT.REMITTANCE

Paymob

Qoyod

Crunchbase Website Twitter Facebook Linkedin

Qoyod is a comprehensive online accounting software for small and medium businesses.

Paymob

Vneuron

Crunchbase Website Twitter Facebook Linkedin

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

Paymob

FinFirst Capital

Crunchbase Website Twitter Facebook Linkedin

The”” SuperApp for everything finance and money.

Paymob

PAYMINT

Crunchbase Website Twitter Facebook Linkedin

PayMint is a payment solution that allows businesses with an easy cashless payments and payroll management system.

Paymob

Spare Payments

Crunchbase Website Twitter Facebook Linkedin

Spare is an electronic payments business helping school campuses become cash-free.

Paymob

Sanad Cash

Crunchbase Website Twitter Facebook Linkedin

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

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