42 Top Riyadh FinTech Companies and Startups

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

Nearpay

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Nearpay is a FinTech company providing payment acceptance solutions to banks, payment providers and startups.

HyperPay

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Payment Gateway, PSP, Online Payment, Fintech

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.

erad

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Non-dilutive funding and payments for online businesses in the Middle East

MANAFA Capital

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

Circyls

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Circyls is mobile app that help users to join public ones while ensuring authenticity, covers defaults and prevent frauds

Tamara

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Tamara offers a buy now, pay later platform that enables customers to pay in installments.

Lamaa

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Lamaa develops financial technology solutions to small and medium enterprises.

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.

Qusinvest

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Qusinvest is a digital trading technology develop trading systems and financial services APIs for everyone.

Mala’a Technologies

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

Raqamyah Platform

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Raqamyah Platform is a regulated peer to peer (P2P) financing platform by Saudi Arabian Monetary Authority (SAMA).

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.

NQOODLET

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NQOODLET is an electronic platform targeting SMEs to manage their expenses, purchases through the credit cards given to the employees.

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.

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.

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.

Emkan Finance

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

Quara Holding

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Quara Holding was formed in 1994 as a strategic ecosystem of real estate and financial, and technology ventures.

Drahim

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Drahim develops a digital platform on recommended investing plans after analyzing one’s financial usage.

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.

Simplified Financial Solutions Company

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Simplified Financial Solutions Company offers startups and SMEs financial management solutions.

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

Splyd

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B2b trade credit solution for building materials & construction supplies.

CURA Company

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CURA builds & invests in technology startups. Built Balleh.com & invested in Sakrobe.

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.

FinZey Finance

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FinZey Finance is a microfinance fintech firm that offers short-term, customized personal loans over the digital platform.

Samarra Inc

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Samarra, the application for all things money.

Thriftplan

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ThriftPlan is a financial firm that provides financial solutions, investment plans, employee benefits, and digital saving plans.

Sanaam

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Sanaam is a fintech company that develops real-time applications to stream and track income.

Swiitch

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Disruptive social exchange platform that digitize bartering with recreation of purchase’s value

Oger Systems

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Oger Systems is a finance, tech, health and travel blog and news service company.

Momkn

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Momkn is a mobile application that provides electronic payments, product invoices, and transaction management services.

Creative Future For Digital Brokerage

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Creative Future For Digital Brokerage is a fintech firm that offers financing and credit card services from the online portal or mobile app.