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Ar Riyad’s 31 Fastest Growing FinTech Startups

At Fintech Energy we track over 200,000 fintech startups and over 1,000,000 people who hold key positions in these companies. We use this directory of startups to highlight top employees, founders and organisations we think deserve more appreciation than they are currently getting.

We’ve ranked the top 31 FinTech companies in Ar Riyad. The companies, startups and institutions listed in this article are all exceptional companies, well worth a follow. We have included links to their websites, socials and CrunchBase (if you’re interested in their financials).

We selected the organisations listed in this article based on:

  • Track record
  • Executive leadership
  • Market share
  • Innovation
  • ESG rating

Our Data – We source our data from OSINT (open source intelligence) and public directories such as CrunchbaseSemRush and many more. The data from these sources should be treated with a degree of caution and verified yourself.

Top FinTech Companies & Startups (Ar Riyad)


Mala’a Technologies

FoundersAli Alorainy, Faisal Alqarni
FollowWebsite, Crunchbase, Twitter, Facebook, Linkedin

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


Lendo

FoundersMohammed Jawabri, Osama AlRaee
FollowWebsite, Crunchbase, Twitter, Facebook, Linkedin

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


Circyls

FoundersHanan Alanzi, Hussain Alkhars, Khaled Hassoun
FollowWebsite, Crunchbase, Twitter, Facebook, Linkedin

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


EdfaPay

FoundersUnknown
FollowWebsite, Crunchbase, Twitter, Facebook, Linkedin

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


MANAFA Capital

FoundersAbdulaziz Aladwani
FollowWebsite, Crunchbase, Twitter, Facebook, Linkedin

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


HyperPay

FoundersMuhannad Ebwini
FollowWebsite, Crunchbase, Twitter, Facebook, Linkedin

Payment Gateway, PSP, Online Payment, Fintech


Tamara

FoundersAbdulmajeed Alsukhan, Abdulmohsen Albabtain, Turki Bin Zarah
FollowWebsite, Crunchbase, Twitter, Facebook, Linkedin

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


Lamaa

FoundersSumeet Khutale
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Lamaa develops financial technology solutions to small and medium enterprises.


Nearpay

FoundersHamza AlFarhan, Muhammad Al-Aiban
FollowWebsite, Crunchbase, Twitter, Facebook, Linkedin

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


Hakbah

FoundersDimitar Kazakov, Naif AbuSaida
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Hakbah is a Fintech startup focusing on an alternative financial saving.


Dawul

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


Lean Technologies

FoundersAditya Sarkar, Ashu Gupta, Hisham Al-Falih
FollowWebsite, Crunchbase, Twitter, Facebook, Linkedin

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


Sanad Cash

FoundersUnknown
FollowWebsite, Crunchbase, Twitter, Facebook, Linkedin

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


Raqamyah Platform

FoundersAmmar Bakheet
FollowWebsite, Crunchbase, Twitter, Facebook, Linkedin

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


Tamawal

FoundersMohammad Alhathel
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Tamawal offers premium and quick loan service for businesses


NQOODLET

FoundersMoayad Alsowayegh, Mohamed Milyani
FollowWebsite, Crunchbase, Twitter, Facebook, Linkedin

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


stc pay

FoundersAbdulkarim Giraud, Abdulqader Alharbi, Abdulrahman Alageel, Ahmed Alenazi, Ananoud Babagi, Ayman Fallatah, Fahed Alsagaby, Iyas Alhabib, Khalid Algarni, Saad Almuhana, Talal Alqahtani
FollowWebsite, Crunchbase, 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


Tweeq

FoundersSaeed Albuhairi
FollowWebsite, Crunchbase, Twitter, Facebook, Linkedin

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


Forus Financial

FoundersAbdulwahab Majeed, No Alr
FollowWebsite, Crunchbase, Twitter, Facebook, Linkedin

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


Wafeer

FoundersAbdulaziz Al-Jasser, Ahmad Ramadan, Salah Albassam, Salah Albassam
FollowWebsite, Crunchbase, Twitter, Facebook, Linkedin

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


Quara Holding

FoundersUnknown
FollowWebsite, Crunchbase, Twitter, Facebook, Linkedin

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


Neoleap

FoundersUnknown
FollowWebsite, Crunchbase, Twitter, Facebook, Linkedin

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


Simplified Financial Solutions Company

FoundersUnknown
FollowWebsite, Crunchbase, Twitter, Facebook, Linkedin

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


Emkan Finance

FoundersUnknown
FollowWebsite, Crunchbase, Twitter, Facebook, Linkedin

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


CURA Company

FoundersUnknown
FollowWebsite, Crunchbase, Twitter, Facebook, Linkedin

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


Samarra

FoundersAbdel Shokair
FollowWebsite, Crunchbase, Twitter, Facebook, Linkedin

Samarra, the application for all things money.


Kingdom of Saudi Arabia Ministry of Finance

FoundersUnknown
FollowWebsite, Crunchbase, Twitter, Facebook, Linkedin

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


Mod5r

FoundersAsmaa Alharbi, Jubran Alshahrani, Waleed Almutairi
FollowWebsite, Crunchbase, Twitter, Facebook, Linkedin

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


D360

FoundersUnknown
FollowWebsite, Crunchbase, Twitter, Facebook, Linkedin

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


Swiitch

FoundersAbdulrahman Al Munaifi, Hamad Al Zemami
FollowWebsite, Crunchbase, Twitter, Facebook, Linkedin

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


Oger Systems

FoundersUnknown
FollowWebsite, Crunchbase, Twitter, Facebook, Linkedin

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

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