Waleed Talat, Founder, CEO, and Board Member at Arib, spoke with entArabi about the company’s evolution, future vision in financial technology, and the partnerships established at 24Fintech.
Talat explained that Arib is a Saudi startup focusing on providing digital brokerage services in the financing sector. The company has received licensing from the Saudi Central Bank (SAMA) to organize and expand its operations. Arib has expanded its services to cover various financial areas, such as personal loans, mortgages, credit cards, and financing for small and medium-sized enterprises. Arib offers an integrated platform that allows users to compare and select the best financing options available to meet their needs.
Talat announced several new partnerships that enhance Arib’s ability to provide diverse and comprehensive financial services:
- Memorandum of Understanding with Bank Albilad: This agreement aims to integrate Bank Albilad’s offerings into Arib’s digital platform, providing a complete digital financing experience for Arib’s clients and granting them access to a wide range of financing options.
- Partnership with Bidaya Finance: This agreement strengthens Arib’s ability to offer Bidaya’s financing products through its platform, simplifying the digital financing experience and providing multiple options for clients.
- Collaboration Agreement with MADFU: Through this partnership, Arib will be able to offer a variety of exceptional financing solutions, giving clients access to a broad range of financial options.
- Memorandum of Understanding with Fuel Finance: This agreement aims to connect Arib’s clients with Fuel Finance’s offerings through the digital platform, enhancing Arib’s ability to provide a comprehensive digital financing experience.
Arib is committed to simplifying the process of obtaining financing by integrating multiple options into a single platform, saving clients time and effort, and enabling them to make well-informed financing decisions.
