FundedIQ
Financial Services

Snbla: Funding, Investors & Team (Sep 2026)

Snbla is a financial technology startup based in Riyadh that is changing the way people save for expensive purchases. Established in November 2023, Snbla offers a platform called Save Now, Buy Later (SNBL) that helps users achieve their financial goals. By combining easy saving solutions with partnerships with merchants, Snbla makes big-ticket items more affordable and attainable. Users can enjoy a personalized and flexible savings experience with features like automated round-ups, recurring deposits, and group savings. Brands also contribute to users' savings through rewards and cashback incentives, creating a mutually beneficial system that encourages loyalty and trust. Snbla directly integrates with merchants to help users track their savings goals, manage virtual escrow accounts, and access special promotions that reduce customer acquisition costs and increase long-term engagement. The system is designed to boost average order value and encourage repeat purchases, especially among Gen Z and consumers who prefer not to use credit. Snbla's goal is to redefine savings as a rewarding, collaborative, and inclusive process for everyone. The company aims to empower individuals to manage their finances effectively while helping brands establish meaningful connections with their customers.

snbla.com LinkedIn Riyadh, Saudi Arabia 11-50 employees
FinTech Information Technology Personal Finance Software B2B B2C
Total raised
$100k
Rounds
1
Latest
Pre-Seed
Jul 2025

Snbla has raised $100k across 1 funding round on record, the most recent a Pre-Seed of $100k announced in Jul 2025.

That round is below the $14M median round size for Financial Services companies tracked on FundedIQ over the last two years.

Snbla Company Profile and Key Stats

Total funding raised
$100k
across 1 round on record
Funding rounds on record
1
Latest funding round
Pre-Seed
$100k in Jul 2025
Employees
11-50
reported band
Headquarters
Riyadh, Saudi Arabia

Latest funding round on record: Jul 2025.

Snbla Funding Rounds

Date
Round
Amount
Pre-Seed
$100k

Snbla Founders and Leadership Team

Name
Role
Contact
Saleh Alhammad
Founder

No contact details are on record for this team yet.

Snbla Funding Compared to Other Financial Services Startups

Segment
Companies
Median round
237
$4.3M
5,801
$600K

Snbla's latest round of $100k is below the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.

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Snbla Funding FAQs

What does Snbla do?

Snbla is a financial technology startup based in Riyadh that is changing the way people save for expensive purchases. Established in November 2023, Snbla offers a platform called Save Now, Buy Later (SNBL) that helps users achieve their financial goals. By combining easy saving solutions with partnerships with merchants, Snbla makes big-ticket items more affordable and attainable. Users can enjoy a personalized and flexible savings experience with features like automated round-ups, recurring deposits, and group savings. Brands also contribute to users' savings through rewards and cashback incentives, creating a mutually beneficial system that encourages loyalty and trust. Snbla directly integrates with merchants to help users track their savings goals, manage virtual escrow accounts, and access special promotions that reduce customer acquisition costs and increase long-term engagement. The system is designed to boost average order value and encourage repeat purchases, especially among Gen Z and consumers who prefer not to use credit. Snbla's goal is to redefine savings as a rewarding, collaborative, and inclusive process for everyone. The company aims to empower individuals to manage their finances effectively while helping brands establish meaningful connections with their customers.

How much funding has Snbla raised?

Snbla has raised $100k across 1 round on record. The most recent is a Pre-Seed of $100k announced in Jul 2025.

When did Snbla last raise funding?

Snbla's most recent funding round on record is a Pre-Seed of $100k, announced in Jul 2025.

Who founded Snbla?

FundedIQ lists Saleh Alhammad (Founder) at Snbla.

Where is Snbla headquartered?

Snbla is based in Riyadh, Ar Riyad, Saudi Arabia.

How many employees does Snbla have?

Snbla is in the 11-50 employee band.

How does Snbla's funding compare to other Financial Services startups?

Snbla's latest round of $100k is below the $14M median round size for Financial Services companies on FundedIQ across 5,745 tracked companies over the last two years.

About FundedIQ's Snbla Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Snbla is left off this page rather than filled in.

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