Saudi Arabia’s Hakbah was named one of the ‘World’s Top Fintechs in 2025’ by CNBC for the company’s growth track record, increase in savings among underbanked, and social impact using AI to modernize and digitize social savings in a way that helps build, enable and empower a new fully inclusive Saudi savings culture. The Hakbah…
Alkhabeer Capital, a prominent asset manager specializing in financial services and brokerage services, signed a strategic partnership agreement with Fasanara Capital, a USD 5 billion global asset manager specializing in technology-enabled credit solutions, during an exclusive event held in Jeddah under the theme “Fintech-Originated Private Credit – the Asset Class and its Potential in the…
Eazy Financial Services (“EazyPay”), a leading Bahraini financial institution specializing in Point-of-Sale (POS) and online payment gateway acquiring services, has announced a strategic partnership with Tamara, one of the region’s fastest-growing fintech platforms and a pioneer of the “Buy Now, Pay Later” (BNPL) model in the GCC. Through this collaboration, EazyPay will serve as Tamara’s…
Tali Ventures, the corporate venture capital arm of stc group, has led a strategic funding round in Tarmeez Capital, one of Saudi’s fastest growing fintech players in the sukuk and debt instruments space, an area playing an increasingly vital role in deepening the Kingdom’s capital markets. This milestone marks the company’s transition from a successfully…
Saudi Arabia recorded a 51% year-on-year increase in business registrations for blockchain technologies by the end of the second quarter of 2025, according to figures released Tuesday by the Ministry of Commerce. The number of active blockchain business records rose to 4,005, up from 2,644 in the same period last year, as the Kingdom continues…
