Top 20 Payments VC Funds & Investors in Saudi Arabia (May 2026)

Portfolio highlights

• Torod — Torod is an API aggregator that enables E-store owners to select the best shipper based on price, insurance, destination, and item value, with a single click set-up.
• Kaso — Elkaso is the leading Order and Procurement Management Tool for Restaurants and Suppliers in the Middle East.
• El-Dokan — El-Dokan is the first enterprise eCommerce software designed for large and growing retail stores in MENA to help them optimize their operations and improve their sales conversion.

Portfolio highlights

• Zid زد — Zid is an e-commerce in a box - solution that any retailer can use to start their eRetail. Zid helps them to build their own eStores (with their own name and identity) and integrates them with the supply chain players to enable them to manage and with ease. The company aims to enable the retail sector to enter the world of electronic retail in aneasy and professional.Zid was founded in 2017 and based in Riyadh, Ar Riyad, Saudi Arabia.
• DataLexing — DataLexing is an All-in-One Data-Driven productivity platform that brings Insights, Apps, Notifications, Forms, and Sheets together in one place.
• Al Matar Group — Al Matar Group provides individuals and businesses with technical travel solutions.

Portfolio highlights

• Zid زد — Zid is an e-commerce in a box - solution that any retailer can use to start their eRetail. Zid helps them to build their own eStores (with their own name and identity) and integrates them with the supply chain players to enable them to manage and with ease. The company aims to enable the retail sector to enter the world of electronic retail in aneasy and professional.Zid was founded in 2017 and based in Riyadh, Ar Riyad, Saudi Arabia.
• Gameball — Gameball is a one-stop platform to market your products and keep your customers engaged, leading to boosted conversion and increased RoI with a data-driven success strategy.
• Money Fellows — MoneyFellows digitizes the ROSCA model, enabling group lending and savings.

Portfolio highlights

• Haseel — The new concept to meet your needs of vegetables and fruits selects you the best crops and the best prices in a way that is consistent with your digital age.
• Nearpay — Focus On Building Deep Technology To Create Innovations
• RedBox — Don't wait for drivers to deliver your packages! Instead, use RedBox lockers to ship your packages and collect them at your convenient time. No human contact!

Portfolio highlights

• Tygo — Tygo is the telecommunications services and marketing platform.
• Conix.ai — CONIX.AI is an AI platform (SaaS) created to offer fully complete solutions for the architectural designing of residential and commercial properties. The cloud-based SaaS platform is accessible from anywhere worldwide and can provide detailed 2D plans, 3D plans, Facades, working drawings (electricity & water), utility data, sustainabilityadvice and more for construction planning.By accessing CONIX.AI, real estate companies will have at their fingertips in few minutes different iterations of architectural designs for their new construction projects previously impossible to attain without significant investments into architectural firms and wouldn't be delivered in less than 4-6 weeks. This level of visualisation will allow companies a time-conscious suite of tools that can allow them to build faster, build smarter, build greener!https://youtu.be/bskgguh3U-A
• AtarCloud — AtarCloud is a mobile app featuring financial management, leasing, service management, HOA and user management, and marketing. In addition to providing a multi-platform, multi-interface system, the company assists all stakeholders in an intuitive manner by providing a multi-platform, multi-interface system that caters to the needs of allstakeholders involved in the property sector.

Portfolio highlights

• Mozn — Confidently screen customers, monitor transactions and assess risk with powerful AI and seamless automation.
• Sylndr — Sylndr is an automotive focused e-commerce marketplace bringing innovation to the used-cars market, where customers can reliably and transparently sell and buy used cars. The company is aiming to build trust in the used-car market by becoming the go-to place for customers seeking to sell and buy their cars, through an extensive range ofhigh-quality used vehicles accessible across a diverse set of financing solutions.
• Wafeq وافق — Send invoices or purchase orders, manage your inventory and your payroll, and get over 30 reports to manage your company, all in one software.

Portfolio highlights

• Eat App — Powerful restaurant reservation and guest management system. Flexible enough to use at both small and large restaurants. Sign up today. It's free!
• Dawul — Dawul is a platform that allows investors to share details of the financial status of their portfolios with other investors.
• Sanad Cash — faster reconciliation and books closing

Portfolio highlights

• EdfaPay — Edfapay is a fintech enterprise that provides smart & efficient payment solutions, That save money, time & effort using soft pos technology.

Portfolio highlights

• BitOasis — BitOasis is MENA's leading platform that allows you to securely buy, sell and trade crypto assets like Bitcoin, Ether, XRP and Bitcoin Cash at the best rates. Currently available in UAE, KSA, Bahrain, Kuwait, Oman, Jordan, Egypt and Morocco.
• Believe — Believe Pte Ltd. is a global, Singapore-based FMCG conglomerate that provides market-ready solutions for customers by listening to their needs and designing products that suit their culture and life choices. From breakthrough personal care essentials to beauty products surpassing global standards, our worldwide team of experts use cutting-edgetechnology, scientifically proven methodologies and ancient knowledge to gift our customers
• Wafeq وافق — Send invoices or purchase orders, manage your inventory and your payroll, and get over 30 reports to manage your company, all in one software.

Portfolio highlights

• erad — erad provides growth capital to online businesses. Connect your analytics and receive funding offers, for non-dilutive capital within 48 hours
• Baytonia — Baytonia is an E-commerce marketplace that is dedicated to customer happiness and consistently provides exceptional value in the form of distinctive and high-quality homeware collections.
• Dastgyr Technologies — Making trade and capital seamless and reliable

Portfolio highlights

• Kaso — Elkaso is the leading Order and Procurement Management Tool for Restaurants and Suppliers in the Middle East.
• Gameball — Gameball is a one-stop platform to market your products and keep your customers engaged, leading to boosted conversion and increased RoI with a data-driven success strategy.
• Agel — Agel aim at reshaping the traditional financial services business model, operational model and customer experience to unlock a unique finance avenue for (“MSMEs”), with a core preposition of availing industry-agnostic merchandise credit limit for Merchants within Agel network in a manner that is Digital, Cashless and Sharia compliant, aligning withthe UN Global (“SDG”) goals, and Egypt’s 2030 plan towards financial inclusion and sustainability.our goals are: - Empowering MSMEs growth, - Accelerating Financial Inclusion, - Eradicating Informal Economy, - Raising Financial literacy

Portfolio highlights

• Tamara — Tamara is a fintech startup that offers a buy now, pay later platform that enables customers to pay on an installment basis, helping merchants to grow their sales. It specializes in the fields of financial services, fintech, and mobile apps.In 2020, Abdulmajeed Alsukhan, Turki Bin Zarah, and Abdulmohsen Albabtain co-established the company inRiyadh, Ar Riyad, Saudi Arabia.
• RemotePass — RemotePass makes it easy to hire, onboard & pay your global team in full compliance, giving you everything you need to support them
• Mala'a Technologies — Make better financial decisions with Malaa. Manage your financials, track your expenses, take a loan or invest your money all from one app. Connect you bank accounts and start today

Portfolio highlights

• Lawazem | لوازم — It is the first B2B marketplace that is especially made to solve that problem. Lawazem consolidates all your operational purchases and spending in one place, whether it is groceries, stationary, cleaning materials, office accessories, or else.We go beyond to make your work environment even better, by providing gift and flower deliveries to youremployees and clients, arrange for internal events, and prepare for your guest and internal meetings through our hospitality partners.Finally, we even help in becoming your concierge for your international purchases, online purchases that require Credit Cards, and help you improve your sourcing process.Lawazem is here to help you anytime and every time.
• Convertedin — Convertedin is an ad automation platform for eCommerce businesses using AI. They help retailers unleash their full marketing potential with intelligent algorithms. Equip yourself to create crazy ad campaigns with 5X better ROI.
• Arib — Arib is a FinTech and digital broker for personal loans.

Portfolio highlights

• BARQ — BARQ is the first bullet delivery PaaS in the middle east, leading the e-commerce industry to achieve a 30 min. delivery time.
• BALLURH — A SaaS platform that provides predictive analytics with smart recommendations for Retailers to enhance decision-making, increase revenue and improve customer satisfaction.
• Lawazem | لوازم — It is the first B2B marketplace that is especially made to solve that problem. Lawazem consolidates all your operational purchases and spending in one place, whether it is groceries, stationary, cleaning materials, office accessories, or else.We go beyond to make your work environment even better, by providing gift and flower deliveries to youremployees and clients, arrange for internal events, and prepare for your guest and internal meetings through our hospitality partners.Finally, we even help in becoming your concierge for your international purchases, online purchases that require Credit Cards, and help you improve your sourcing process.Lawazem is here to help you anytime and every time.

Portfolio highlights

• EdfaPay — Edfapay is a fintech enterprise that provides smart & efficient payment solutions, That save money, time & effort using soft pos technology.
• Deal App — Deal App operates as an real estate app. Deal App designs an intricate digital solution by adopting the 'request-oriented business model', in which property seekers submit their requests through the app to receive appropriate offers directly from the active agents in the neighborhoods they are targeting.

Portfolio highlights

• Enhance Ventures — Enhance is already live in 7 countries and can rapidly develop vertical marketplaces across Middle East, North Africa, Pakistan and Turkey with a higher chance of success.
• Magnitt — Magnitt is a startup directory that connects investors, mentors, and emerging companies in the Middle East. The discovery platform is a database with over 5,500 MENA startups and over 200 investors.
• Joi Gifts — Joi Gifts is the best online gift shop for any occasion. Send flowers, cakes, and more with same-day delivery in KSA, UAE, Jordan, Egypt and Middle East.

Portfolio highlights

• qlub — Qlub is the fastest, most secure form of digital menu & contactless payment for customers at restaurants, clubs & lounges.
• Tabby — With Tabby, you can split your purchases into 4 interest-free payments at your favourite stores. Download the Tabby app to get started.
• Floward — Send fresh flowers and a variety of gifts online with Floward. Browse through our numerous products and get same-day flowers delivery

Portfolio highlights

• Cargoz — Cargoz is a logistics startup that connects SMEs looking for warehousing space with warehousing companies who has extra capacity, like Airbnb but for commercial warehousing & storage.
• Muqbis — As the word Muqbis means, our main job is to connect talented hands and home based businesses to their targeted customers and support them to grow their businesses hassle free. On the other hand Muqbis opens a wide market to support customers find “the made with love home products and services” they look for and compare varieties, prices and findnearby providers. In Muqbis we believe that world is changing, life patterns are changing and for sure work styles are changing and we are here for it.
• ​Messenger — Messenger is a one-stop logistics platform that finances and aggregates end-to-end logistics and supply chain operations in order to assist businesses and logistics asset owners in achieving an efficient supply chain framework.

Portfolio highlights

• invygo — Invygo is MENA's first & largest car subscription service creating accessible mobility options through an all-inclusive monthly subscription, all in a seamless app-based experience.For consumers: we provide them access to passenger cars without any financial burdens through a customizable month-to-month subscription through a mobile appFor Dealers: through our technology, they get access to a new business model that helps them generate revenue and reduce their depreciation and operational cost The company was founded in 2018 by Eslam Hussein and Pulkit Ganjoo in Dubai, UAE.
• Yodawy — Yodawy is an online pharmacy and insurtech startup that allows customers to order pharmaceuticals and cosmetics via a mobile app and have those delivered through a network of 500+ pharmacies across Egypt. Insurance and copayment benefits are automatically applied with four major insurance carriers onboarded thus far and more in the pipeline.
• Money Fellows — MoneyFellows digitizes the ROSCA model, enabling group lending and savings.

Portfolio highlights

• Calo — Analyze your nutritional needs and subscribe to a convenient meal plan that's designed for you in under 2 minutes.
• Bundle Kitchen — Bundle Kitchen App for Members Exclusive to the Campaign, Take Advantage of Benefits and Place an Order. Please submit.
• Mascotte Health — Supercharge your practice with a strong operational team and state-of-the-art technology.