By Lucidity Insights Research Team • January 06, 2023
The two largest fundraising segments in Saudi Arabia by funding stage was Sale/Exit
The two largest fundraising segments in Saudi Arabia by funding stage was Sale/Exit, followed by Corporate Round and Series A financing.
%2Fuploads%2Ffintech%2Ffintech-cover.jpg&w=3840&q=75)
An ultimate guide to fintech in the Kingdom of Saudi Arabia
A comprehensive overview of the Kingdom’s fintech journey to date & the current opportunities & challenges.
Other Videos
%2Fuploads%2Ffintech%2Fvideos%2Fvid48.jpg&w=3840&q=75)
The UAE, Israel and Qatar enjoy political stability, economic prosperity, and social cohesions that rank these states as safer and more secure than the United States on the Fragile States Index.
%2Fuploads%2Ffintech%2Fvideos%2Fvid49.jpg&w=3840&q=75)
Egypt, Iran and Algeria are MENA's most populous countries, with a combined population of 230 million.
%2Fuploads%2Ffintech%2Fvideos%2Fvid41.jpg&w=3840&q=75)
Fintech adoption around the world has been consistently doubling every two years since 2015, with emerging markets leading the way.
%2Fuploads%2Ffintech%2Fvideos%2Fvid42.jpg&w=3840&q=75)
Emerging Markets have been dominating in terms of global fintech adoption, whereas only 3 developed markets are in the top 10
%2Fuploads%2Ffintech%2Fvideos%2Fvid43.jpg&w=3840&q=75)
At the end of 2020, there were a total of 87 fintech unicorns globally. 2021 was a fintech breakout year, minting 119 fintechs in the first 9 months of 2021 alone.
%2Fuploads%2Ffintech%2Fvideos%2Fvid44.jpg&w=3840&q=75)
Fintechs globally raised $131.5B USD of capital in a single year, posting nearly 150% growth since the last record-high year of 2018.
%2Fuploads%2Ffintech%2Fvideos%2Fvid45.jpg&w=3840&q=75)
All four quarters beating any previous years’ quarterly fundraising results and with Q4 being the largest quarter ever reaching $37.8 billion.
%2Fuploads%2Ffintech%2Fvideos%2Fvid46.jpg&w=3840&q=75)
Digital Lending was the fastest growing vertical in fintech fundraising. All except two verticals reached triple digit growth that year.
%2Fuploads%2Ffintech%2Fvideos%2Fvid34.jpg&w=3840&q=75)
Digital Payments and Currency Exchanges fundraised the most in Saudi Arabia
%2Fuploads%2Ffintech%2Fvideos%2Fvid36.jpg&w=3840&q=75)
The largest segment of fundraising deal sizes in Saudi's fintech market is $1 million to $10 million USD
Did you check these out?
Secondary Fundraising as % of Private Market Fundraising from 2014 to 2024
By Staff Writer • January 09, 2025Saudi FinTech Ebra Secures $2M to Expand AI-Driven Debt Recovery
By Staff Writer • February 18, 2025Vast Menu Raises USD 1.3M in Pre-Seed to Expand NFC & QR Payment Solutions
By Staff Writer • February 17, 2025Lean Technologies Secures $67.5M to Drive Financial Innovation in MENA
By Press Release • November 12, 2024Revenya Capital by Arzan VC Receives $2 Million Funding for MENA Growth
By Staff Writer • November 07, 2024PayerMax Partners with SAB to Revolutionize Saudi Arabia's Digital Payments Landscape
By Staff Writer • September 30, 2024The Lending Hub Secures $3.2 Million to Boost Growth and Expand Peer-to-Peer Financing Solutions
By Staff Writer • September 10, 2024Total Fundraising Raised by Funding Stage (USD Million)
By Lucidity Insights Research Team • June 16, 2024Top 10 Fintech Operating in Saudi Arabia, by Amount Fundraised (USD Mn)
By Lucidity Insights Research Team • June 16, 2024Credit Facilities Offered to SMEs (Billion USD) in 2018 - Q1 2021
By Lucidity Insights Research Team • June 16, 2024
%2Fuploads%2Fnewsletter%2F2025%2F0109_2.jpg&w=3840&q=75)
%2Fuploads%2Fpr%2520articles%2F2025%2F02%2F18_6ebra.jpg&w=3840&q=75)
%2Fuploads%2Fpr%2520articles%2F2025%2F02%2F17_6vastmenu.jpg&w=3840&q=75)
%2Fuploads%2Fpr%2520articles%2F2024%2F11%2F12_1lean.jpg&w=3840&q=75)
%2Fuploads%2Fpr%2520articles%2F2024%2F11%2F07_1arzan.jpg&w=3840&q=75)
%2Fuploads%2Fpr%2520articles%2F2024%2F09%2F30_7sab.jpg&w=3840&q=75)
%2Fuploads%2Fpr%2520articles%2F2024%2F09%2F10_1lendinghub.jpg&w=3840&q=75)
%2Fuploads%2Ffintech%2Finfobytes%2F46a.jpg&w=3840&q=75)
%2Fuploads%2Ffintech%2Finfobytes%2F47a.jpg&w=3840&q=75)
%2Fuploads%2Ffintech%2Finfobytes%2F48a.jpg&w=3840&q=75)
Related Contents
News
SVC Report Highlights $1 Billion in Investments, Strengthening Saudi Arabia’s Private Capital Ecosystem
By Staff Writer • February 06, 2025News
Saudi Arabia’s Agriculture Sector Attracts $9.8 Billion in Private Investments
By Staff Writer • October 24, 2024News
Saudi Event Planning Platform Mila Celebrations Raises $227K to Drive Growth
By Press Release • September 27, 2024News
Saudi Wealth Management Leader Malaa Raises $17.3 Million in Series A Funding from Top Investors
By Press Release • September 04, 2024Infobytes
Discover the Top 10 Most Funded Startups in Saudi Arabia: A 2023 Overview of Innovation in Riyadh
By Lucidity Insights Research Team • August 06, 2024News
Saudi Arabia Launches Sixth Round of Sah Savings Program with 5.48% Returns
By Staff Writer • August 05, 2024News
Stake Secures $14 Million Funding, Eyes Saudi Expansion
By Press Release • June 10, 2024Infobytes
Foodtech: Saudi Arabia’s Top 10 Most Funded Startups
By Lucidity Insights Research Team • May 28, 2024
%2Fuploads%2Fpr%2520articles%2F2024%2F12%2F06_3svc.jpg&w=3840&q=75)
%2Fuploads%2Fpr%2520articles%2F2024%2F10%2F24_1saudiagri.jpg&w=3840&q=75)
%2Fuploads%2Fpr%2520articles%2F2024%2F09%2F27_6mila.jpg&w=3840&q=75)
%2Fuploads%2Fpr%2520articles%2F2024%2F09%2F04_3malaa.jpg&w=3840&q=75)
%2Fuploads%2Farticles%2F2024%2F0802_10-ksa-startups%2F01.jpg&w=3840&q=75)
%2Fuploads%2Fpr%2520articles%2F2024%2F08%2F05_1sukuk.jpg&w=3840&q=75)
%2Fuploads%2Fpr%2520articles%2F2024%2F06%2F10_6stake.jpg&w=3840&q=75)
%2Fuploads%2Fsaudi-food-delivery%2Finfobytes%2F11a.jpg&w=3840&q=75)
Subscribe to Our Newsletter
to keep up to date with Lucidity Insights' latest content
