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Saudi fintech platform Hakbah secures $5 1 million funding for expansion

Proceeds to accelerate growth and product development after a 4x revenue yearly increase

Ar riyaSaudi arabiaMusaab hakamiAditum investment management ltdFinancial sector development programImage creditBunat venturesGlobal venturesAditum investment managementMachine learningNaif abusaidaSavings groupsHousehold savingsSaudi visionGeneral partner

Saudi fintech Hakbah raises $5 1 million Series A

Saudi Arabia-based fintech Hakbah, has raised $5.1 million in Series A funding, bringing the company’s funding raised to date to.

Saudi arabiaMusaab hakamiFinancial sector development programmeSaudi central bankAditum investment management ltdDigital government authorityNational technology development programmeSaudi arabia basedBunat venturesGlobal venturesAditum investment managementNaif abusaidaMiddle eastSaudi visionFinancial sector developmentSaudi fintech

Saudi savings fintech Hakbah closes $5 2 million fund raise

Hakbah, the leading Saudi-based fintech savings platform, announces its successful $5.1 million Series A fundraise.

Saudi arabiaMusaab hakamiAditum investment management ltdNational technology development programSaudi central bankFinancial sector development programDigital government authorityBunat venturesGlobal venturesAditum investment managementTotal savings under managementMiddle eastMachine learningSaudi visionFinancial sector developmentSavings groups

Hakbah Fintech Closes $5 1 Million Series A, Funding Round

Hakbah, the leading Saudi-based fintech savings platform, announces its successful $5.1 million Series A fundraising. The funding round was led by VentureSouq - the MENA-based venture capital firm with a global portfolio. Also participating were new investors M-Capital and Bunat Ventures; and existing investors Global Ventures and Aditum Investment Management Ltd.

Saudi arabiaDigital government authorityFinancial sector development programSaudi central bankNational technology development programAditum investment management ltdHakbah fintech closesBunat venturesGlobal venturesAditum investment managementTotal savings under managementMiddle eastMachine learningSaudi visionFinancial sector developmentSavings groups

Saudi fintech Hakbah raises $5 1mln to propel innovation, growth

Saudi fintech Hakbah raises $5 1mln to propel innovation, growth
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