This article showcases our top picks for the best Riyadh 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
Top Riyadh Financial Services Startups
Data sourced from Crunchbase and SemRush.
Lean Technologies
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Lean Technologies is a FinTech startup that develops a platform to provide access to consumer financial data.
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
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.
Rasan
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Rasan is an insure-tech company that provides technical solutions to insurance brokerage and financial services sector.
Kingdom Holding Company
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Kingdom Holding Company is one of the world’s premier international investment companies.
Hala
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Hala is a digital financial platform for your payments.
Saudi Arabia’s Public Investment Fund
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Saudi Arabia’s Public Investment Fund facilitates the development of the national economy.
MANAFA Capital
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MANAFA is an investment marketplace for innovative businesses regulated by the Saudi Capital Market Authority
Lamaa
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Lamaa develops financial technology solutions to small and medium enterprises.
Sanabil
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Sanabil Investments is a sovereign wealth fund specializing in direct and fund of funds investments.
Qoyod
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Qoyod is a comprehensive online accounting software for small and medium businesses.
Dawul
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Dawul is a platform that allows investors to share details of the financial status of their portfolios with other investors.
Mala’a Technologies
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Mala’a Technologies is a finance management app that helps manage finances and provides recommendations on finances.
Hakbah
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Hakbah is a Fintech startup focusing on an alternative financial saving.
Sanad Cash
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Sanad Cash helps employees relieve financial stress by getting them instant access to their salaries between paychecks.
Arib
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Arib is a FinTech and digital broker for personal loans.
EdfaPay
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Edfapay is a fintech enterprise that provides smart & efficient payment solutions.
AMLAK INTERNATIONAL FOR REAL ESTATE FINANCING
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Amlak International offers business and corporate financing, mortgages, and subsidized financing programs
Tamawal
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Tamawal offers premium and quick loan service for businesses
Neoleap
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Neoleap is a fintech company that offers online payments, digital wallets, point of sale, e-commerce, and payment gateway services.
Saudi Central Bank – SAMA
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Saudi Central Bank – SAMA focuses on national currency, supervises commercial banks, conducts monetary policy for maintaining price.
Forus Financial
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Marketplace, AI, Lending, Investments, Financing, Artificial Intelligence
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.
Buruj Cooperative Insurance Co.
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Buruj Cooperative Insurance Co. is a multi-line non-life insurance underwriter that underwrites health, property & casualty insurances.
Impact46
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Impact 46 is an asset manager and advisor that specializes in alternative investment opportunities.
Ta3meed
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Ta3meed offers PO financing solutions to small and medium resellers through a crowdfunding platform.
Emkan Finance
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Emkan Finance is an omnichannel FinTech brand that offers innovative financing solutions.
Riyad TAQNIA Fund (RTF)
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Riyad TAQNIA Fund (RTF) is a venture capital fund investing in early stage technology companies.
Saudi Venture Capital Company
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Saudi Venture Capital is an investment firm which helps to minimize current equity funding gaps for Startups.
Arab National Bank
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Arab National Bank provides various banking products and services.
Drahim
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Drahim develops a digital platform on recommended investing plans after analyzing one’s financial usage.
SALIC
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SALIC is an investment firm specializing in agricultural investment and livestock production.
Moyasar
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Moyasar is an online payment gateway that provides electronic payment solutions.
Riyad Bank
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Riyad Bank is an arabic financial institution for businesses and individuals.
Aljazira Capital
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Aljazira Capital is a Saudi closed joint stock company.
Wafeer
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Wafeer is a fintech personal finance management app that provides financial solutions.
Mod5r
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Mod5r is a leading Fintech platform based in Saudi Arabia; We are here to help you achieve better financial decisions.
D360
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D360 is a new digital bank that offers payments services, consumer microfinance, and electronic insurance brokerage.
Bank AlBilad
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Bank AlBilad provides solutions in multiple segments including retail banking, business products, investment, and international remittance.
Al-Rajhi Company For Cooperative Insurance
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Al-Rajhi Company For Cooperative Insurance is a firm that delivers affordable solutions fulfilling the insurance needs of customers.
BayanPay
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BayanPay is a digital payment service provider company.
Jadwa Investments
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Jadwa Investments is a company that offers asset management services.
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.
Saudi Stock Exchange (TADAWUL)
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Saudi Stock Exchange (TADAWUL) is a 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.
Samba Financial Group
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Samba Financial Group is a multinational banking firm that offers a range of financial solutions.
Alawwal Bank
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Alawwal Bank specializes in providing banking and investment services.
Quara Finance
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Quara Finance is a Saudi company that offers financial solutions, services, and products.
AlRaedah Finance
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AlRaedah Finance provides e-commerce financing, point of sale financing, and financial solution for small and medium-sized enterprises.
Arabian Shield Cooperative Insurance Co.
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Arabian Shield Cooperative Insurance Co.is an insurance company that deals with medical insurance and other insurance services business.
Simplified Financial Solutions Company
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Simplified Financial Solutions Company offers startups and SMEs financial management solutions.
SAUDI PAYMENTS
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Saudi Payments Network or mada is the only and major payment system in the kingdom of Saudi Arabia.
Social Development Bank
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Social Development Bank provides financial products and services.
Sulfah
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Sulfah is a fintech that develops mobile applications assisting in quick financing by accelerating loan deposits to the user’s bank account
Abdullatif Alissa Group Holding
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Abdullatif Alissa Group Holding provides investment management, financial and business planning services for Companies and Enterprises.
Tammwel
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Tammwel is a digital financing broker the helps clients find financial offers.
Nayifat Finance Company
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Nayifat Finance Company engages in providing financial solutions for individuals and institutions.
Aggad Investment
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The Aggad Investment is a Saudi investment holding firm to engage in and contribute to the country’s developing wealth.
Ersal
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Ersal is a remittance company that offers multiple options to customers to transfer money to different countries.
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.
Bayan Credit Bureau
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Bayan Credit Bureau provides achieving credit, financial, and trade goals services.
Al Shoula Group
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Al Shoula Group invests in insurance and real estate and expanded to oil trading and ordinance support.
Sulaiman Bin Abdul-Aziz Al Rajhi
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Sulaiman Bin Abdul-Aziz Al Rajhi is in the investment management sector operating in banking, real estate, industrial projects, and food.
Muscat Capital
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Muscat Capital engages in asset management, investment banking and brokerage services.
Abyan Capital
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Abyan Capital is a financial service company that provides an automated solution and portfolio management for long-term investments.
Wafa Insurance
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Wafa Insurance is an insurance which company provides general insurance, health insurance and savings products.
Saudi Real Estate Refinance Company
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Saudi Real Estate Refinance Company provides real estate financing solution services.
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.
Saudi Credit Bureau
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Saudi Credit Bureau provides risk management and financial services.
Argaam Investments
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Argaam is a financial news portal that provides a diverse audience with real-time updates on financial markets and macroeconomics.
Aldukheil Financial Group
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Aldukheil Financial Group serves corporates with investment banking, financial advisory, merger and acquisition transaction services.
Tasaru Holding
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Tasaru Holding is an investment company that specializes in funding and developing startups in key consumer based sectors.
insights
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Insights have multi-disciplinary skills to address a range of services that our clients require in dealing with Management Consultancy.
Sandstorm Ventures
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Sandstorm Ventures is a financial firm that offers investment strategies to promote market growth for investors, public & private companies.
Dussur
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Dussur is an investment and development company that focuses on strategic industrial businesses.
ANB Invest
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ANB Invest is an investment banking firm that provides brokerage, asset management, corporate finance, mutual fund and advisory services.
Malaz capital
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Malaz capital is developing best-in-class investment management, asset management and development services.
Tharwat for Financial Securities
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Tharwat for Financial Securities is an investment company that provides funding, asset management, consulting, and financial services.
Derayah Financial
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Derayah was established to protect and empower individual investors to take control of their financial success.
Albilad Capital
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Albilad Capital provides trading, market research, money bills, investment banking, brokerage, portfolio, and asset management services.
Adeem Capital
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Adeem Capital offers a broad range of asset and wealth management, investment banking, corporate finance and advisory services.
The Mediterranean And Gulf Insurance And Reinsurance Co.
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The Mediterranean And Gulf Insurance And Reinsurance Co.is an insurance company that provides cooperative Health & other insurance services.
SAS Holding
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SAS Holdings is a Saudi Arabian holdings company.
Marifa Capital
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Marifa Capital provides investment banking, advisory, wealth management, and other financial services.
Kingdom of Saudi Arabia Ministry of Finance
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Kingdom of Saudi Arabia Ministry of Finance provide budget and finance management for Saudi Arabia.
Rassanah Capital
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Rassanah Capital is a financial service provider that offers asset management and investment management services.
Capital Market Authority
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Capital Market Authority strives to build a suitable investment environment, augment transparency and disclosure rules for listed companies.
Saudi EXIM
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Saudi EXIM is a financial institution that offers insurance, pre-export financing, credit, commercial lending, and financial services.
Dr Sultan Consultants
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Dr Sultan Consultants provides Zakat, tax, internal audit, financial, and management advisory, as well as private client services.
Alamthal Financing
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Alamthal Financing provides individual finance, points of sale, financing programs, small and medium enterprises financing services.
FinZey Finance
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FinZey Finance is a microfinance fintech firm that offers short-term, customized personal loans over the digital platform.
SADAD Payment System
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SADAD facilitates & accelerates various payments to individuals, banks, companies & the government sector, continues to develop new service
Saudi Investment Recycling Company
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Saudi Investment Recycling Company provides financial services to the programs that segregate and recycle municipal solid waste.
Samarra Inc
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Samarra, the application for all things money.
Wasatah Capital
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Wasatah Capital is a stock investment firm that offers asset management, mutual funds, corporate finance management, and investment banking.
Mekyal Financial Technologies
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Mekyal Financial Technologies offers financial technology services namely healthcare, AI, e-commerce, education, and logistics.
Saudi Madad
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Madad Saudi offers personal, corporate and real estate finance solutions across business segments based out of Riyadh.
Ministry of Investment
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Ministry of Investment provides investment services.