Transparency of Fundraising Activity Among Saudi’s Fintechs

Transparency of Fundraising Activity Among Saudi’s Fintechs

16 June 2022•

Out of the 30 fintechs that successfully raised capital, 15 companies (50%) fully disclosed information on all rounds of funding; 7 fintechs (23%) only partially disclosed information on funds raised, and the remaining 8 fintechs that disclosed fundraising activity (27%) did not disclose any details about the amount of funds raised.

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