42 Top Riyadh FinTech Companies and Startups

October 31, 2022

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

Lean Technologies

Crunchbase Website Twitter Facebook Linkedin

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

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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

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Nearpay

Crunchbase Website Twitter Facebook Linkedin

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

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HyperPay

Crunchbase Website Twitter Facebook Linkedin

Payment Gateway, PSP, Online Payment, Fintech

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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.

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erad

Crunchbase Website Twitter Facebook Linkedin

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

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MANAFA Capital

Crunchbase Website Twitter Facebook Linkedin

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

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Circyls

Crunchbase Website Twitter Facebook Linkedin

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

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Tamara

Crunchbase Website Twitter Facebook Linkedin

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

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Lamaa

Crunchbase Website Twitter Facebook Linkedin

Lamaa develops financial technology solutions to small and medium enterprises.

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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.

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Qusinvest

Crunchbase Website Twitter Facebook Linkedin

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

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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.

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Raqamyah Platform

Crunchbase Website Twitter Facebook Linkedin

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

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Hakbah

Crunchbase Website Twitter Facebook Linkedin

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

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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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NQOODLET

Crunchbase Website Twitter Facebook Linkedin

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

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Arib

Crunchbase Website Twitter Facebook Linkedin

Arib is a FinTech and digital broker for personal loans.

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EdfaPay

Crunchbase Website Twitter Facebook Linkedin

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

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Tamawal

Crunchbase Website Twitter Facebook Linkedin

Tamawal offers premium and quick loan service for businesses

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Neoleap

Crunchbase Website Twitter Facebook Linkedin

Neoleap is a fintech company that offers online payments, digital wallets, point of sale, e-commerce, and payment gateway services.

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Forus Financial

Crunchbase Website Twitter Facebook Linkedin

Marketplace, AI, Lending, Investments, Financing, Artificial Intelligence

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Tweeq

Crunchbase Website Twitter Facebook Linkedin

Tweeq is offering a a feature-rich spending account for modern individuals and SME’s with a user first approach.

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Emkan Finance

Crunchbase Website Twitter Facebook Linkedin

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

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Quara Holding

Crunchbase Website Twitter Facebook Linkedin

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

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Drahim

Crunchbase Website Twitter Facebook Linkedin

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

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Wafeer

Crunchbase Website Twitter Facebook Linkedin

Wafeer is a fintech personal finance management app that provides financial solutions.

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Mod5r

Crunchbase Website Twitter Facebook Linkedin

Mod5r is a leading Fintech platform based in Saudi Arabia; We are here to help you achieve better financial decisions.

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D360

Crunchbase Website Twitter Facebook Linkedin

D360 is a new digital bank that offers payments services, consumer microfinance, and electronic insurance brokerage.

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Simplified Financial Solutions Company

Crunchbase Website Twitter Facebook Linkedin

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

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Sulfah

Crunchbase Website Twitter Facebook Linkedin

Sulfah is a fintech that develops mobile applications assisting in quick financing by accelerating loan deposits to the user’s bank account

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Splyd

Crunchbase Website Twitter Facebook Linkedin

B2b trade credit solution for building materials & construction supplies.

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CURA Company

Crunchbase Website Twitter Facebook Linkedin

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

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Kingdom of Saudi Arabia Ministry of Finance

Crunchbase Website Twitter Facebook Linkedin

Kingdom of Saudi Arabia Ministry of Finance provide budget and finance management for Saudi Arabia.

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FinZey Finance

Crunchbase Website Twitter Facebook Linkedin

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

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Samarra Inc

Crunchbase Website Twitter Facebook Linkedin

Samarra, the application for all things money.

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Thriftplan

Crunchbase Website Twitter Facebook Linkedin

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

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Sanaam

Crunchbase Website Twitter Facebook Linkedin

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

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Swiitch

Crunchbase Website Twitter Facebook Linkedin

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

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Oger Systems

Crunchbase Website Twitter Facebook Linkedin

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

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Momkn

Crunchbase Website Twitter Facebook Linkedin

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

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Creative Future For Digital Brokerage

Crunchbase Website Twitter Facebook Linkedin

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

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