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
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.
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.