- Fintech Saudi announced the closing of an SAR 18M Seed round in Automated Economy Company, parent of Sindbad.Tech.
- The round was led by Alkhabeer Capital.
The investment will support Sindbad.Tech in expanding its fintech solutions across the region.
Fintech Saudi has announced the successful closing of a SAR 18 million Seed investment round in Automated Economy Company, the parent company of Sindbad.Tech | سندباد.تك.
The round was led by Alkhabeer Capital, reflecting growing investor confidence in the company’s vision to strengthen the digital infrastructure of the fintech ecosystem in Saudi Arabia and the wider region.
This investment represents an important milestone for Sindbad.Tech, supporting its plans to expand innovative solutions and develop advanced technologies that enhance financial transactions while serving both businesses and consumers.
The deal further reinforces Saudi Arabia’s position as a leading regional hub for fintech innovation, in line with the goals of Vision 2030 to drive digital transformation and empower entrepreneurship.
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