Funded Financial Services Startups in Riyadh
Within Riyadh-based financial services rounds listed here, the largest disclosed amount is Kingdom Holding Company’s $1.5B Post-IPO Secondary on 2022-05-22…
Within Riyadh-based financial services rounds listed here, the largest disclosed amount is Kingdom Holding Company’s $1.5B Post-IPO Secondary on 2022-05-22, which dwarfs the rest of the disclosed entries (the next-largest disclosed amounts are $157M on 2025-09-19 for Hala and $110M on 2021-04-22 for Tamara). A second cluster shows multiple $3M–$10M pre-/early rounds landing in a tight mid-2025 window: NQOODLET ($3M, 2025-05-04), Tuba ($8M, 2025-05-01), Moneymoon ($3M, 2025-04-22), and lite ($3M, 2025-02-09) all appear between 2025-02-09 and 2025-05-04. Stages skew early: among disclosed rounds, Pre-Seed/Seed/Series A account for most entries, while Series Unknown and missing stage labels also recur. Undisclosed amounts appear multiple times (Tarmeez Capital on 2025-07-07, Snbla is disclosed at $100K on 2025-07-01, Wadaie on 2023-08-09, and Splyd on 2022-04-02), and the date range spans 2021-03-14 through the most recent 2025-09-19 entries.
Most recent rounds
23 shownRelated listings
Frequently asked
What stands out in the funding size distribution for Riyadh financial services, and is it driven by one outlier?
Kingdom Holding Company’s $1.5B Post-IPO Secondary on 2022-05-22 is a clear outlier versus the rest of the disclosed amounts; the next-largest disclosed rounds are Hala at $157M on 2025-09-19 and Tamara at $110M on 2021-04-22.
Do the most recent rounds concentrate in a narrow time window?
Yes. Several disclosed rounds cluster in early-to-mid 2025: Moneymoon ($3M, 2025-04-22), NQOODLET ($3M, 2025-05-04), and Tuba ($8M, 2025-05-01) fall within 2025-04-22 to 2025-05-04, while Hala ($157M, 2025-09-19) extends the concentration toward Q3 2025.
How often are stage labels missing or uncertain in these 23 Riyadh financial services entries?
Stage classification is frequently incomplete or uncertain: “Series Unknown” appears for Buildnow (2025-02-11) and LYNK (2023-11-12), and the stage field is blank for Rakeez Capital (2024-03-11) and Rabeh (2024-03-05) and Nearpay (2021-05-12), in addition to the explicit “undisclosed” amount cases.
What stage mix dominates when looking across the disclosed amounts rather than labels?
Disclosed early-stage funding is common in the mid-to-lower dollar ranges: Pre-Seed/Seed rounds include Snbla ($100K, 2025-07-01), NQOODLET ($3M, 2025-05-04), and Spare ($3M, 2023-12-20), while later-stage disclosed rounds include Hala’s Series B ($157M, 2025-09-19) and Lendo’s Series B ($28M, 2023-12-10).
Are there any noteworthy small-ticket disclosed rounds that contrast with the $M-scale majority?
Yes. Snbla’s $100K Pre-Seed on 2025-07-01 is far below the surrounding disclosed $800K–$10M range seen in Rabeh ($800K, 2024-03-05), HissaTech ($670K, 2024-09-13), and ARKTECH ($1M, 2024-10-29), making it a low-end outlier among disclosed amounts.
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