Series D

Unknown Series Round

Seed

Debt Financing

PE Round

Dubai

Private Equity

Asaad Salhab

Dr. Karim El Solh

Mohammad Madani

Wissam Daoud

If you're ready to take your business to the next level with Gulf Capital, we want to hear your pitch.

Investment in Startup

Discover Gulf Capital—funding focus, portfolio, and industry expertise. Explore key investor profiles on Lucidity Insights.

Gulf Capital

Gulf Capital is an investment firm with experience in Growth Markets across Private Equity, Private Debt, Growth Capital, and Real Estate.

Vezeeta

Healthcare

Medical

Software

Healthtech

Provides patients with a digital healthcare booking platform and management software.

Ison Xperiences

Social Network

Santechture

Support & Management Services

SaaS

Information Technology

Santechture is a healthcare technology innovator transforming Revenue Cycle Management in Asia with smart AI and cloud-based solutions.

Classic Fashion Apparel Industry

Retail & Wholesale

Riyadh

Geidea

IT & Communication

Digital Banking

Payments

Geidea is a leading fintech and fully licensed payment service provider offering digital banking technology, smart payment terminals, and business management solutions.

Total transaction value exceeding one billion Saudi Riyals President and Founder of Geidea: Our goal is to transition to cashless cities by modernizing financial technologies and increasing transparency in line with Vision 2030

Gulf Capital, one of the largest and most active alternative asset managers in the Middle East, today announced that it has acquired a strategic stake in Saudi Geidea, the leading provider of electronic payment solutions and financial technologies in the Kingdom of Saudi Arabia, for a total transaction value exceeding one billion Saudi Riyals. The deal constitutes the largest acquisition in the Saudi Fintech sector to date.

Gulf Capital Acquires a Strategic Stake in Geidea, one of the Largest Financial Technology Companies in Saudi Arabia

DUBAI (Reuters) - Gulf Capital, an Abu Dhabi-based private equity firm, said on Monday it has bought a stake in Geidea, the leading provider of electronic payment solutions in Saudi Arabia, for a deal value exceeding 1 billion riyals ($267 million).
The transaction comes just days after the launch of an initiative by Saudi ِArabia's central bank to promote financial technology in the kingdom, it said in a statement.

Gulf Capital acquires stake in Saudi fintech firm

In the latest activity on the fintech front in the Middle East, Abu Dhabi-based alternative asset manager Gulf Capital has acquired a strategic stake in Geidea, a provider of electronic payment solutions in Saudi Arabia. 
Gulf Capital did not disclose the exact size of the stake, but revealed the value of the deal exceeds $267 million. It's the fifth investment in the technology sector by Gulf Capital, which says it manages $4 billion in assets overall.

Gulf Capital Takes Stake In Saudi Fintech Firm Geidea

Gulf Capital, one of the largest and most active alternative asset managers in the Middle East, today announced that it has acquired a strategic stake in Saudi Geidea, the leading provider of electronic payment solutions and financial technologies in the Kingdom of Saudi Arabia, for a total transaction value exceeding one billion Saudi Riyals. The deal constitutes the largest acquisition in the Saudi Fintech sector to date.

The transaction comes just days after the launch of an initiative by the Saudi Arabian Monetary Authority aiming to promote financial technology in the Kingdom and to transform Saudi Arabia into a destination for Fintech innovation, by providing a booming ecosystem driven by local and global players. Saudi Fintech strives to achieve this goal by bringing together both public and private companies to encourage innovation and increase knowledge of Fintech and by supporting the growth of small and medium companies working in Fintech.

Vezeeta, the champion of health-tech innovation in emerging markets, has raised new funding to fuel its growth plans, and fund imminent M&A deals in MEA, powered by long-time partners and investors – Abu Dhabi-based Gulf Capital and Sweden-based VNV Global. After reaching profitability, Vezeeta is now set to spearhead its expansion into new products and search for acquisitions across the region, to empower a wider base of patients with cutting-edge healthcare solutions.

Vezeeta raises undisclosed growth funding

Vezeeta, a healthcare platform operating in the Middle East and Africa, has raised a $40 Million Series D funding round led by UAE-based Gulf Capital, alongside further investment from existing Riyadh-based investor Saudi Technology Ventures (STV), which previously led Vezeeta’s Series C round in September 2018. Vezeeta’s other investors include BECO Capital, Silicon Badia, Vostok New Ventures, Crescent Enterprises’ CE-Ventures and Endeavour Catalyst. Prior to this raise, the company had raised $23M, so this latest news takes its total to $63M. Alvaro Abella, a director at Gulf Capital, joins the board.

It now plans to roll out new products, such as an online pharmacy, as well as ‘tele-health’ services across its existing footprint and new markets.

This is one of the largest funding rounds of any tech startup in the Middle East and Africa to date. The startup has become something of a MENA success story by allowing patients to effectively see Uber-style ratings for healthcare providers, thus encouraging the providers to improve their services. It puts the power in the hands of patients (vs providers) by giving them the ability to search, book, rate, and review healthcare providers.

Gulf Capital

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Gulf Capital

Funding Deals, by Startup Growth Stage

Funding Deals, by Region

No. of Portfolio Companies

Total No. of Investments Globally, by Year

We Invest in Startups in the Following Stages

Statistics

Sectors we invest in

Top 3 sectors we invest in

Portfolio Companies or Investments

Executive Team Members

About

Legal

Social Media

Portfolio Companies
or Investments