Sector

Fintech

26 companies · 21 founders$

Companies

FM featuredFM30 Saudi ArabiaFintech

Tabby

Buy now, pay later and money app for shoppers in Saudi Arabia and the UAE

$6.5bnValuation
4,662Headcount
35.2%Growth
FM featuredFM30 EgyptFintech

MNT-Halan

Egyptian fintech offering loans, payments and e-commerce to underbanked customers

$1.4bnValuation
1,750Headcount
41.7%Growth
FM30 Saudi ArabiaFintech

HALA

HALA provides Saudi SMEs with banking, POS, payments and expense management, and raised $157 million Series B at a $900 million valuation.

$1.1bnValuation
732Headcount
21.8%Growth
FM featuredFM30 Saudi ArabiaFintech

Tamara

Saudi buy now, pay later and shopping app serving the Gulf

$1bnValuation
1,494Headcount
60.7%Growth
FM30 Saudi ArabiaFintech

Foodics

Foodics provides a cloud-based restaurant POS and payments platform serving the MENA food and beverage sector, with over $170 million raised to date.

$1bnValuation
1,132Headcount
8.9%Growth
FM30 UAEFintech

Fasset

Fasset is a Dubai-headquartered stablecoin-powered neobank offering USD accounts and cross-border settlement, valued at $1 billion after its Series C led by SBI Group.

$1bnValuation
164Headcount
41.4%Growth
L
FM30 Saudi ArabiaFintech

Lean Technologies

Lean Technologies builds MENA open banking and payments APIs, licensed by SAMA and ADGM, and raised $67.5 million in Series B led by General Catalyst.

$371mValuation
165Headcount
28.9%Growth
FM featuredFM30 UAEFintech

Wahed

Sharia-compliant investing app offering halal portfolios, ETFs and property investments

$300mValuation
215Headcount
13.8%Growth
FM30 Saudi ArabiaFintech

PetroApp

PetroApp provides NFC-based fuel payment and fleet expense management for Saudi enterprises, with a $50 million round led by Jadwa Investment.

$250mValuation
278Headcount
31.8%Growth
FM30 UAEFintech

YAP

YAP is a UAE-based digital banking and payments platform that lets consumers manage money, cards and payments through a single app.

$205mValuation
42Headcount
2.4%Growth
N
FM30 UAEFintech

NymCard

NymCard builds MENA payments infrastructure including card issuing, lending and money movement, with a $33 million Series B led by QED Investors.

$182mValuation
234Headcount
-8.6%Growth
FM30 UAEFintech

FlapKap

FlapKap provides revenue-based financing for MENA SMEs, with a $34 million pre-Series A led by BECO Capital.

$170mValuation
90Headcount
57.9%Growth
FM featured UAEFintech

Deribit

Crypto options and futures exchange, headquartered in Dubai and owned by Coinbase since 2025

$2.9bnValuation
FM featured UAEFintech

Mal

AI-native Islamic digital bank being built in Abu Dhabi

D
JordanFintech

DESAISIV

DESAISIV builds software that uses AI and automation for insurance work such as claims analysis, underwriting and pricing, with a focus on corporate health insurance.

FM featured MoroccoFintech

Chari

Moroccan app for corner shops to order stock and offer payments, with its own payment licence

L
BahrainFintech

Local

Local collapses paying in restaurants, hotels and hospitals into one flow on the customer's own phone: scan, see what you owe, pay in seconds, with no app, no terminal and no queue.

E
EgyptFintech

Exits MENA

Exits MENA matches startups and SMEs with investors and buyers.

C
EgyptFintech

Connect Money

Connect Money provides embedded-finance services to other businesses.

O
UAEFintech

Orbii

Orbii is an intelligent lending infrastructure company that helps financial institutions and merchant platforms in MENA launch and scale lending programs.

P
QatarFintech

PayLater

PayLater is a Sharia-compliant buy now, pay later company in Qatar.

F
FM featured EgyptFintech

Fawry

Egypt's largest electronic payments network for bills, cards and shop payments

FM featured UAEFintech

Optasia

AI credit scoring that lets mobile operators lend airtime and small loans to the unbanked

$1.4bnValuation
K
KuwaitFintech

Krti

Krti connects payments, merchants and AI-powered rewards intelligence to transform how merchants attract customers and how consumers access rewards.

R
Saudi ArabiaFintech

resal

resal started out as a digital gifting platform and now runs prepaid rewards software.

FM featured EgyptFintech

Thndr

Egyptian app for investing in stocks, bonds and funds from small amounts

Founders

FM featured UAEFintech

John Jansen

Co-founder and former CEODeribit

Amsterdam options trader who co-founded the world's biggest crypto options exchange

FM featured MoroccoFintech

Ismael Belkhayat

Co-founder and CEOChari

Ex-BCG consultant who co-founded Chari, turning Moroccan corner shops into payment points

FM featured EgyptFintech

Ashraf Sabry

F
Founder and CEOFawry

Ex-IBM and Raya executive who built Egypt's biggest payments network through corner shops

FM featured UAEFintech

Marius Jansen

Co-founderDeribit

Early Bitcoin investor who co-founded Deribit with his brother John

FM featured MoroccoFintech

Sophia Alj

Co-founder and COOChari

Ex-McKinsey consultant who co-founded Chari, Morocco's first VC-backed payment institution

FM featured EgyptFintech

Seif Amr

T
Co-founder and COOThndr

Former Uber operations manager and investment banker who co-founded Thndr

FM featured EgyptFintech

Mounir Nakhla

M
Founder, Chairman and CEOMNT-Halan

Built Egypt's first billion-dollar private tech company by lending to the underbanked

FM featured UAEFintech

Abdallah Abu-Sheikh

M
FounderMal

Serial founder behind Lux, Rizek, Barq and Astra Tech, now building Islamic bank Mal

FM featured UAEFintech

Bassim Haidar

O
FounderOptasia

Nigerian-born Lebanese founder who turned airtime top-up data into credit for the unbanked

FM featured Saudi ArabiaFintech

Hosam Arab

Co-founder and CEOTabby

Namshi co-founder who built Tabby into MENA's most valuable venture-backed startup

FM featured Saudi ArabiaFintech

Abdulmajeed Alsukhan

T
Co-founder and CEOTamara

Left the Saudi central bank for delivery, then built the first Saudi fintech unicorn

FM featured EgyptFintech

Ahmad Hammouda

T
Co-founder and CEOThndr

Ex-Uber Egypt boss who built the country's largest digital brokerage for small investors

FM featured UAEFintech

Junaid Wahedna

W
Founder and Chairman, WahedWahed

Left Wall Street banking to build a halal investing app now backed by Saudi Aramco

FM30 EgyptFintech

Ayman El Tanbouly

E
Co-founder and Managing DirectorExits MENA

Former EBRD investment banker matching startups and SMEs with investors and buyers at Exits…

FM30 EgyptFintech

Ayman Essawy

C
Founder and CEOConnect Money

Dsquares co-founder now building embedded-finance infrastructure for other businesses at…

FM30 Saudi ArabiaFintech

Hatem Kameli

R
Co-founder and CEOresal

Founded iCLICK and co-founded Lucidya before steering Resal into prepaid rewards software

FM30 KuwaitFintech

Abdulrahman Al-Hammadi

K
Founder and ChairmanKrti

Went from engineering work at Kuwait Airways to founding Kuwaiti payments startup Krti

FM30 QatarFintech

Khalifa Saleh Al Haroon

P
FounderPayLater

Former Vodafone strategy head now building PayLater, a Sharia-compliant instalment-payment…

FM30 JordanFintech

Saed Khawaldeh

D
Co-founderDESAISIV

Biomedical engineer with an Oxford research background applying AI to corporate health…

FM30 BahrainFintech

Saad Ahmed

L
Founder and CEOLocal

Building QR-based payments for restaurants, hotels and healthcare providers across the GCC

FM30 UAEFintech

Nauman Ali

O
Co-founder and CEOOrbii

Computer scientist building credit infrastructure that helps lenders originate and manage…

Stories

Story
Tabby vs Tamara: The Competition Is Moving Beyond Buy Now, Pay Later
Tabby and Tamara became familiar to Gulf shoppers through a simple offer: buy something now and spread the payment across instalments.
31 Oct 2026
Story
Why So Many of MENA’s Biggest Fintech Companies Came From Egypt
Egypt has produced an outsized share of the Middle East’s biggest fintech companies.
20 Oct 2026
Story
The Gulf Is Becoming the World’s Testing Ground for Islamic Fintech
Islamic fintech is growing quickly, and the Gulf is becoming one of the most important places where that growth is being tested in the real world.
14 Oct 2026
Story
Why the Middle East Keeps Producing Super Apps
The Middle East has become unusually fertile ground for super apps. The reason is fairly simple: millions of consumers already live through their phones, but many of the services they use every day are still fragmented across different apps.
13 Oct 2026
Newsletter
Founding MENA #35
We’ve come out of summer fast and hard. It’s not slowing down!
14 Sep 2026
Newsletter
Founding MENA #34
Saudi Arabia has entered the chat 🤯
7 Sep 2026
Newsletter
Founding MENA #28
Summer fundraises in full swing!
27 Jul 2026
Newsletter
Founding MENA #26
Another strong week across MENA.
13 Jul 2026
Newsletter
Founding MENA #25
'Tis the season for demo days and fundraises!
6 Jul 2026
Newsletter
Founding MENA #22
Another week of activity across the ecosystem.
15 Jun 2026
Newsletter
Founding MENA #19
Momentum remains strong across MENA this week!
25 May 2026
Newsletter
Founding MENA #18
A big week of fundraising and international VCs doubling down on MENA.
18 May 2026
Newsletter
Founding MENA #17
LPs double down on MENA with new fund commitments.
11 May 2026
Newsletter
Founding MENA #16
Momentum is building across the region and we have a new partnership!
4 May 2026
Newsletter
Founding MENA #15
Three acquisitions in one week and a new fund announcement!
27 Apr 2026
Newsletter
Founding MENA #13
MENA startups continue to raise as the region remains resilient.
13 Apr 2026
Newsletter
Founding MENA #12
MENA startups continue to raise as the region remains resilient.
6 Apr 2026
Newsletter
Founding MENA #10
Another testing week for MENA founders and investors.
16 Mar 2026
Newsletter
Founding MENA #5
Another HUGE week of startup momentum in MENA!
9 Feb 2026
Newsletter
Founding MENA #3
Another huge week for MENA tech!
26 Jan 2026
Newsletter
Founding MENA #2
An intro and a big start to the year for MENA tech!
19 Jan 2026

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