Saudi Arabia
Op-ed
+4
Sep 16, 2026
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9 min read
Money 20/20 Field Notes: mega-rounds, growing faultlines, and the increasing importance of taste
Mega-rounds, Saudi-UAE faultlines, an alarming amount of AI-generated slop and why Paul Graham’s 2002 essay on taste feels more and more relevant; some semi-unfiltered observations from three days at Money20/20 in Riyadh.
Fintech
+5
Sep 14, 2026
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2 min read
Tabby raises $233M Series F at $6.5B valuation as it pushes beyond BNPL
The round comes as new Saudi lending licences and a UAE wallet licence expand it into longer-term credit, SME finance and everyday money management.
Fintech
+4
Sep 14, 2026
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2 min read
Tarabut secures $50M from Saudi banks and business groups as it deepens Kingdom focus
Riyad Bank, SAB Invest’s X-Tech Fund and GIB Saudi Arabia are among the backers, three years after Tarabut’s $32 million Series A was itself raised to expand in Saudi.
SaaS
+4
Sep 10, 2026
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1 min read
Saudi used-car platform Carly takes Pinnacle investment in primary-secondary deal
The undisclosed transaction is the first investment from Pinnacle’s new growth and secondaries fund, launched last month to back later-stage Saudi tech companies while providing liquidity to existing shareholders.
Fintech
+5
Sep 7, 2026
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2 min read
Sav raises $3.5M pre-Series A led by Phoenix Venture Partners for Saudi expansion
The UAE consumer fintech has broadened from a savings app into a regulated personal-finance platform spanning cards, investments and account aggregation, taking total funding to about $6 million.
Fintech
+3
Sep 7, 2026
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2 min read
PayTabs agrees $100M-plus deal for Amazon Payment Services’ MENA operations
The Saudi payments company will take over a business that began as PayFort before joining Amazon through its 2017 acquisition of Souq, creating a combined platform expected to process more than SAR 150 billion annually.
Startups
+4
Sep 3, 2026
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1 min read
Sirdab raises $10M Series A from Elm and BECO to expand Saudi logistics platform across GCC
The profitable Saudi logistics startup has grown revenue 20x since Y Combinator and now connects more than 850 businesses to a network of 120+ warehouses and 60+ transport providers.
Startups
+4
Sep 3, 2026
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2 min read
ZenHR raises $6M bridge round led by Impact46 to expand AI products and EWA
The Saudi HR software company is expanding its AI products and earned wage access offering across 11 markets in MENA, four years after raising a $10 million growth round.
Fintech
+3
Sep 3, 2026
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1 min read
FlyAkeed raises $25.2M across Sanabil-led equity round and Artal sukuk
The Saudi corporate travel platform is adding a deferred-payment layer to its software, with the new financing split between equity and Shariah-compliant debt.
Fintech
+3
Sep 3, 2026
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2 min read
Saudi SME lending startup Abwab.ai raises $4M led by Speedinvest and MEVP
The startup says its technology is used by more than 13 financial institutions and has processed over SAR 1 billion in SME loans.
Foodtech
+6
Sep 2, 2026
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2 min read
COFE closes $43M pre-IPO round at $178M valuation, targets Saudi listing by 2029
Wa’ed Ventures returns three years after leading its $15m Series B, as the Kuwait-born coffee-ordering app remakes itself into enterprise procurement and commerce software.
Startups
+4
Sep 2, 2026
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2 min read
Adam Neumann’s Flow enters UAE with DIFC licence, targets first openings in early 2027
a16z-backed residential operator plans communities in Dubai and Abu Dhabi as its portfolio grows to 8,500 homes under management or development.
Results
+5
Aug 28, 2026
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5 min read
Talabat generated 94% of Delivery Hero’s MENA profit as Saudi losses narrowed
Regional GMV rose 11.6% even as profit slipped, with Saudi Arabia appearing to move back towards breakeven ahead of Uber’s €13B takeover of the Berlin group.
Fintech
+2
Aug 11, 2026
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3 min read
Tamara’s Saudi Q2 revenue more than doubles as new lending book closes in on BNPL
Q2 revenue more than doubled to SAR 707 million as consumer-financing receivables reached SAR 3.14 billion, just behind the SAR 3.36 billion held in pay-in-instalments.
Fintech
+2
Aug 10, 2026
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3 min read
Tabby's Saudi unit Q2 profit falls 54% as revenue grows 21% year on year
The Riyadh-headquartered BNPL lender's repayments outpaced new lending by roughly SAR 360 million between April and June, as its new SAMA licence opens a push into longer-term consumer and SME lending.
Startups
+3
Aug 4, 2026
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1 min read
Saudi's Rime raises $2M+ seed to run AI agents on-site for retail chains
Seedra Ventures led again after backing the pre-Seed, in a round joined by Athlah Investment and Unity Invest Partners, behind a platform that runs decisions on-site through edge computing rather than sending footage to remote data centres.
