15 Riyadh fintech investors fund Saudi startups in 2026. STV, Sanabil, and Raed Ventures back payments and lending. Saudi fintech raised $969M in H1 2025, the top startup sector.
Saudi Arabia made fintech a core Vision 2030 bet. STV and Sanabil write the biggest cheques in Riyadh.
Raed, Impact46, and Khwarizmi back early Saudi founders. SVC and Jada fund most of the VCs standing behind them.
Most Saudi fintech rounds need a SAMA licence path and volume. Ellty tracks every data room open from STV and Sanabil reviewers.
This guide covers 15 active Riyadh fintech investors in 2026.
| Type | Check size | Sector focus | Website | |
|---|---|---|---|---|
| STV | Growth VC | $5M-$50M | Fintech, payments, e-commerce, SaaS | stv.vc |
| Sanabil Investments | Sovereign / govt fund | $10M-$100M+ | Fintech, AI, enterprise, payments | sanabil.com |
| Raed Ventures | Seed / Series A VC | $500K-$10M | Fintech, payments, marketplaces, SaaS | raed.vc |
| Wa'ed Ventures | Corporate VC | $1M-$20M | Fintech, AI, deep tech, industrial | waed.com |
| Saudi Venture Capital | Fund of funds | $500K-$10M | Fintech, e-commerce, SaaS | svc.com.sa |
| Jada Fund of Funds | Fund of funds | LP commitments | Fintech, SaaS, payments | jada.com.sa |
| Impact46 | Seed / Series A VC | $1M-$50M+ | Fintech, insurtech, SaaS, e-commerce | impact46.sa |
| Vision Ventures | Seed / early-stage VC | $250K-$5M | Fintech, e-payments, big data | visionvc.co |
| Merak Capital | Multi-strategy VC | $1M-$15M | Fintech, enterprise apps, deep tech | merak.capital |
| Khwarizmi Ventures | Seed / early-stage VC | $250K-$3M | Fintech, consumer tech, AI | khwarizmi.vc |
| Nama Ventures | Pre-seed / Seed VC | $100K-$2M | Fintech, SaaS, consumer, logistics | nama.vc |
| VentureSouq | Seed / Series A VC | $250K-$5M | Payments, alt-credit, digital banking | venturesouq.com |
| Shorooq Partners | Seed / Series A VC | $1M-$20M | Fintech, embedded finance, lending | shorooq.com |
| Sanabil 500 MENA | Accelerator + seed fund | $100K-$500K | Fintech, e-commerce, AI, martech | 500.co |
| Outliers Venture Capital | Seed / early-stage VC | $250K-$3M | Fintech, SaaS, marketplaces, AI | outliers.vc |
Control your Riyadh fintech raise
Saudi VCs open your licence docs and data room before your deck. Ellty logs every view.
Start free 14-day trialWhat a Saudi fintech VC backs
A fintech investor backs startups that move money, lend, or insure. In Saudi that means a clear SAMA or CMA licence path.
Most Riyadh fintech VCs write seed and Series A into payments. A clean fundraising plan keeps the whole round tight.
They want live volume, unit economics, and regulatory readiness. Founders pitching fintech VCs in Dublin face the same bar.
Ellty gives each fund one trackable link and logs every open. You see who reviewed your licence docs before the call.
Saudi Arabia is a strategic growth market for us, and this round lets us deepen our investment in the Kingdom.
15 Riyadh fintech investors
1. STV
STV is MENA's largest tech fund and a lead backer of Saudi fintech.
Recent Activity: Backed Tabby, now MENA's most valuable fintech at $3.3B, runs a $100M NICE Fund
LinkedIn: STV LinkedIn
Sector Focus: Fintech, payments, e-commerce, enterprise SaaS
Stage Focus: Series A, growth
Location: Riyadh, Saudi Arabia
Website: stv.vc
2. Sanabil Investments
Sanabil is PIF's investment arm and a major Saudi fintech backer.
Recent Activity: Co-led HALA's $157M Series B with TPG Rise Sept 2025, runs the Sanabil 500 accelerator
LinkedIn: Sanabil Investments LinkedIn
Sector Focus: Fintech, AI, enterprise, payments
Stage Focus: Early to growth
Location: Riyadh, Saudi Arabia
Website: sanabil.com
3. Raed Ventures
Raed Ventures is a leading Saudi seed and Series A fund with $450M in assets.
Recent Activity: Joined HALA's $157M Series B in 2025, portfolio includes Tabby and Tweeq
LinkedIn: Raed Ventures LinkedIn
Sector Focus: Fintech, payments, marketplaces, SaaS
Stage Focus: Seed, Series A
Location: Riyadh, Saudi Arabia
Website: raed.vc
4. Wa'ed Ventures
Wa'ed Ventures is Aramco's $500M VC arm backing Saudi fintech.
Recent Activity: Invested $25M in halal fintech Wahed, deployed $270M across 75+ startups
LinkedIn: Wa'ed Ventures LinkedIn
Sector Focus: Fintech, AI, deep tech, industrial
Stage Focus: Seed to Series B
Location: Dhahran, Saudi Arabia
Website: waed.com
5. Saudi Venture Capital
Saudi Venture Capital is a government fund of funds backing local VCs.
Recent Activity: Anchor LP in VentureSouq's FinTech Fund II, committed $1.2B since 2018
LinkedIn: Saudi Venture Capital LinkedIn
Sector Focus: Fintech, e-commerce, SaaS
Stage Focus: Fund of funds
Location: Riyadh, Saudi Arabia
Website: svc.com.sa
6. Jada Fund of Funds
Jada is a PIF fund of funds channeling capital into Saudi VCs.
Recent Activity: An LP in VentureSouq's FinTech Fund II, partnered to deploy $200M of venture debt in KSA
LinkedIn: Jada LinkedIn
Sector Focus: Fintech, SaaS, payments
Stage Focus: Fund of funds
Location: Riyadh, Saudi Arabia
Website: jada.com.sa
Share your licence docs and track every VC open
Ellty shows when STV or Sanabil opens your licence docs and deck. Follow up fast.
Start free 14-day trial7. Impact46
Impact46 is a Riyadh asset manager and an active fintech backer.
Recent Activity: Backed Rasan before its IPO, joined HALA's $157M Series B, deployed around SAR 650M
LinkedIn: Impact46 LinkedIn
Sector Focus: Fintech, insurtech, SaaS, e-commerce
Stage Focus: Seed to Series B
Location: Riyadh, Saudi Arabia
Website: impact46.sa
8. Vision Ventures
Vision Ventures is a Saudi early-stage fund backing fintech and payments.
Recent Activity: Co-led Cognna's $9.2M Series A, SVC backed its Saqr Fund II with $15M in 2025
LinkedIn: Vision Ventures LinkedIn
Sector Focus: Fintech, e-payments, big data, gaming
Stage Focus: Pre-seed to Series A
Location: Dhahran, Saudi Arabia
Website: visionvc.co
9. Merak Capital
Merak Capital is a Riyadh multi-strategy fund with deep fintech holdings.
Recent Activity: Fintech is a top portfolio sector with around 7 fintech investments to date
LinkedIn: Merak Capital LinkedIn
Sector Focus: Fintech, enterprise apps, deep tech
Stage Focus: Seed to growth
Location: Riyadh, Saudi Arabia
Website: merak.capital
10. Khwarizmi Ventures
Khwarizmi Ventures backs Saudi fintech and consumer founders from Riyadh.
Recent Activity: Joined HALA's $157M Series B, launched Fund II at a SAR 270M+ first close in 2026
LinkedIn: Khwarizmi Ventures LinkedIn
Sector Focus: Fintech, consumer tech, AI applications
Stage Focus: Pre-seed, seed
Location: Riyadh, Saudi Arabia
Website: khwarizmi.vc
11. Nama Ventures
Nama Ventures is a pre-seed Saudi fund backing fintech and SaaS founders.
Recent Activity: An active pre-seed fintech backer across Saudi Arabia and the wider MENA region
LinkedIn: Nama Ventures LinkedIn
Sector Focus: Fintech, SaaS, consumer, logistics
Stage Focus: Pre-seed, seed
Location: Riyadh, Saudi Arabia
Website: nama.vc
12. VentureSouq
VentureSouq runs a fintech fund deeply active across Saudi Arabia.
Recent Activity: Closed FinTech Fund II backed by Jada and SVC, led Saudi fintech Mala's $7M pre-seed
LinkedIn: VentureSouq LinkedIn
Sector Focus: Payments infra, alt-credit, digital banking
Stage Focus: Pre-seed to Series A
Location: Dubai / KSA-active
Website: venturesouq.com
13. Shorooq Partners
Shorooq Partners backs Saudi fintech with equity and venture debt.
Recent Activity: Backed Lean Technologies, Lendo, and Tamara, co-led Mala's $7M pre-seed
LinkedIn: Shorooq Partners LinkedIn
Sector Focus: Fintech, embedded finance, BaaS, lending
Stage Focus: Seed, Series A
Location: Abu Dhabi / KSA-active
Website: shorooq.com
14. Sanabil 500 MENA
Sanabil 500 MENA is one of the region's most active seed accelerators.
Recent Activity: Made 22 deals in 2025, ran its Batch 9 and 10 cohorts from Riyadh
LinkedIn: Sanabil 500 MENA LinkedIn
Sector Focus: Fintech, e-commerce, AI, martech
Stage Focus: Pre-seed, seed
Location: Riyadh, Saudi Arabia
Website: 500.co
15. Outliers Venture Capital
Outliers Venture Capital is an operator-led fund backing Saudi fintech.
Recent Activity: An active MENA early-stage fintech backer investing across the region
LinkedIn: Outliers VC LinkedIn
Sector Focus: Fintech, SaaS, marketplaces, AI
Stage Focus: Pre-seed, seed
Location: Riyadh, Saudi Arabia
Website: outliers.vc
Vision 2030 and fintech
Vision 2030 made fintech a national priority for the Kingdom. Saudi already passed its 2030 fintech company target.
PIF arms like Sanabil and Jada pour capital into the sector. STV and Raed back many of those founders directly.
Founders share licence docs and metrics under NDA. A clean Ellty data room keeps all of it in one place.
Walk through the due diligence checklist for investors early. Saudi VCs reward the founders who arrive fully ready.
SAMA rules and licensing
Every Saudi fintech runs under SAMA or CMA rules. A clear licence path gates most of the early funding.
Investors check your regulatory readiness before they wire. Vague compliance ends most fintech pitches quite early.
Keep your licence files and metrics behind secure file sharing. Ellty shows you exactly who opened each shared file.
Learn how to prepare for due diligence before you raise. It maps closely to what STV and Sanabil ask in 2026.
Payments and lending in the Kingdom
Payments and lending take most Saudi fintech capital. Tabby, Tamara, and HALA show how large it can get.
Embedded finance and open banking are the next wave. Lean and Lendo built much of the underlying rails.
Cross-border founders use Riyadh to reach the whole Gulf. Strong security on shared docs keeps your data safe.
Send monthly volume and licence updates to keep VCs warm. Trackable Ellty links show you who still reads them.
How to pitch a Riyadh fintech investor
Lead with a licence plan, live volume, and clean metrics.
- 1.Map your SAMA or CMA licence path first.A clear regulatory plan unlocks Saudi VCs.
- 2.Show live volume and unit economics.Saudi VCs fund traction, not projections.
- 3.Get a warm intro through a Saudi fund.Local intros beat cold emails to STV.
- 4.Share one Ellty link per fund and track opens.Follow up when a VC reads your licence docs.
How Ellty helps you land a fintech investor in Riyadh
You've found your Riyadh fintech VCs already. Set up a data room before your first pitch.
- 1.Upload your deck, licence docs, and metrics to Ellty.Set NDA-gated access per fintech investor.
- 2.Share a unique trackable link with each fund.Each fund gets one link. Ellty logs every open.
- 3.Track opens and follow up the moment they read.Use Ellty analytics to time your follow-up.
Riyadh fintech investor questions
- Sovereign funds, VCs, and accelerators. STV, Sanabil, and Raed lead the sector.
- Cheques run $250K-$50M in 2026. Growth funds write much larger ones.
- A licence path, live volume, and clean metrics. Vague compliance kills deals.
- Not always, but a clear path helps a lot. Most VCs ask about it early.
- Yes, with a local entity and licence plan. A warm intro opens most funds.
- Before outreach starts. Track who opens your licence and metrics docs.
