Funded Financial Services Startups in Saudi Arabia
The largest disclosed round in this Saudi financial-services set is AviLease at $650M (2026-06-24).
The largest disclosed round in this Saudi financial-services set is AviLease at $650M (2026-06-24). The next-largest disclosed amounts are D360 Bank at $400M (2026-06-14) and three $80M rounds (Bidaya 2026-06-30; Derayah Financial 2026-06-25; both “Series Unknown”), with all other disclosed amounts falling well below $80M.
Geographically, Riyadh dominates: 26 of the 34 entries are based in Riyadh (including multiple rounds around mid/late June 2026, like D360 Bank on 2026-06-14 and the $80M rounds on 2026-06-25 and 2026-06-30). Temporally, several clusters show up in 2026 (e.g., five disclosed rounds from 2025-05-01 to 2025-05-14 and multiple entries in June 2026), while the overall window spans 2021-03-14 (Lendo, Series A) through 2026-06-30 (Bidaya). On disclosure mix, “undisclosed” appears 5 times and “Series Unknown” appears 6 times across the 34 rows, shaping how much of the largest/mid-sized activity is directly comparable by amount.
Most recent rounds
34 shownRelated listings
Frequently asked
What’s the largest disclosed round here, and is it just slightly above the rest or a true outlier?
AviLease’s $650M on 2026-06-24 is a clear outlier: the next-largest disclosed figure is $400M (D360 Bank on 2026-06-14), and the only disclosed rounds in the $80M range are Bidaya and Derayah Financial at $80M (2026-06-30 and 2026-06-25). After that, the rest of the disclosed amounts generally sit below $80M.
Do the most recent rounds cluster into a short time window, or are they spread out?
They cluster. In June 2026 alone, multiple rounds land within days: Derayah Financial ($80M, 2026-06-25), AviLease ($650M, 2026-06-24), and Bidaya ($80M, 2026-06-30), alongside D360 Bank ($400M, 2026-06-14). Outside 2026, the entries continue in distinct waves (e.g., May 2025 includes $1.5B Areeb Capital on 2025-05-11 and $3M NQOODLET on 2025-05-04).
Which cities are over-represented in this list of 34, and what does that imply for deal sourcing?
Riyadh is the dominant base, appearing in 26 of 34 entries, while Jeddah/Makkah shows up in the remainder (e.g., Sidra Capital is in Jeddah/Makkah on 2025-07-08; Areeb Capital is in Jeddah/Makkah on 2025-05-11). For sales or diligence, the short answer is that the highest concentration of recently funded “Financial Services” companies in these rows is Riyadh.
How much of the data is comparable by stage and disclosed amount, given missing or ambiguous fields?
Disclosure is mixed: “undisclosed” amounts appear 5 times (e.g., Hysabat Solutions on 2026-06-14 and LYNK on 2023-11-12), and “Series Unknown” appears 6 times (e.g., Bidaya 2026-06-30 and Derayah Financial 2026-06-25). That means comparisons of the biggest rounds skew toward the subset with explicit amounts like AviLease ($650M) and D360 Bank ($400M), rather than the rows where amounts are not stated.
Which stages show up repeatedly, and do larger disclosed amounts concentrate at particular stages?
Stage labels vary, but “Seed” and “Pre-Seed” are frequently represented alongside later rounds (e.g., Seed: Muhlah $8M on 2026-03-10 and NQOODLET $3M on 2025-05-04; Pre-Seed: Tuba $8M on 2025-05-01 and ARKTECH $1M on 2024-10-29). Larger disclosed amounts are tied to later-stage or higher-level rounds in this snapshot (AviLease $650M is “Series Unknown,” while the $400M and $157M rounds are D360 Bank “Series A” on 2026-06-14 and Hala “Series B” on 2025-09-19, respectively).
Are there any notable smallest disclosed rounds worth treating separately from the rest of the distribution?
Yes. The smallest disclosed amount in the rows is Snbla at $100K on 2025-07-01 (“Pre-Seed”), which sits far below the cluster of multi-million rounds (for example, Muhlah $8M on 2026-03-10; Abyan Capital $18M on 2024-05-02; and Spare $3M on 2023-12-20). This suggests early, small-ticket funding appears alongside much larger capital raises in the same geography/segment snapshot.
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