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Derayah

Derayah is a financial services firm that focuses on empowering the individual investor by providing the most independent, convenient and cost-effective way for average...

Saudi Islamic digital bank to go live “very soon”

Four years in the making, one of the three digital bank licensees in Saudi Arabia is now at the cusp of launching its operations.

New Shariah compliant digital bank enters the Saudi market

In line with its commitment to developing and supporting innovation in the local banking sector, the Saudi Central Bank (SAMA) has granted a license to a new Shariah compliant digital bank — the third neobank to be established in the Kingdom.

Lendo closes Series A round

Islamic digital financier Lendo has closed a Series A funding round which will be used to bolster its platform capabilities and expand its offering. Licensed...

Saudi start-up to scale up fintech offering with latest funding round

Saudi start-up FOODICS, a provider of cloud-based point-of-sale and restaurant management systems, has secured a Series B funding round worth US$20 million, which will...

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