{"id":32338,"date":"2024-09-06T16:00:31","date_gmt":"2024-09-06T13:00:31","guid":{"rendered":"https:\/\/entarabi.com\/?p=32338"},"modified":"2024-09-06T16:15:06","modified_gmt":"2024-09-06T13:15:06","slug":"drahim-an-investment-platform-in-24-fintech","status":"publish","type":"post","link":"https:\/\/entarabi.com\/en\/2024\/09\/drahim-an-investment-platform-in-24-fintech\/","title":{"rendered":"Drahim: An Investment Platform Strengthening Its Presence In 24 FintechThrough Multiple Strategic Partnerships"},"content":{"rendered":"

During the 24 Fintech conference, Abdulmuhsin Abumalih, Business Developer at Drahim<\/a>, discussed the app’s benefits for users by enabling them to invest in diverse funds across both the Saudi and U.S. markets.<\/p>\n

Drahim: Investing in Multiple Platforms Through One Portfolio<\/span><\/h2>\n

Drahim, part of the Al Rajhi Financial ecosystem, offers users a comprehensive investment opportunity. The app allows investors to diversify their investments by selecting from various funds in both markets, all within a single portfolio, without needing multiple accounts. This feature offers great flexibility, making the investment process more streamlined and convenient.<\/p>\n

Open Banking and Account Integration<\/span><\/h2>\n

In addition to investments, Drahim provides an innovative solution based on open banking. The app allows users to link all their bank accounts in one place, enabling them to monitor balances, receive financial reports, and track their expenses in real time. This feature saves time and simplifies personal financial management with instant, transparent updates.<\/p>\n

Diverse Investment Funds and Returns<\/span><\/h2>\n

Returns in Drahim vary based on the type of investment fund. Users can choose between low, medium, or high-risk funds, as well as savings funds, giving each investor the freedom to customize their investments according to their preferred risk level.<\/p>\n

Strategic Partnerships at 24 Fintech<\/span><\/h2>\n

During the 24 Fintech conference, Drahim signed several key strategic partnerships. Al Rajhi Bank acquired a 65% stake in Drahim, enhancing the platform’s presence in the financial market. Additionally, Drahim signed agreements with Derayah Financial to offer new investment funds, alongside partnerships with Musharaka Capital and Jadwa Investment to provide new portfolios.<\/p>\n

Toward a Promising Investment Future<\/span><\/h2>\n

With these new partnerships and innovative technologies, Drahim aims to deliver investment solutions that meet the diverse needs of investors and support their financial growth, making it one of the leading investment platforms in both the Saudi and U.S. markets.<\/p>\n

In conclusion, Drahim continues to develop a comprehensive investment ecosystem that combines modern technology with a wide array of investment options, enhancing the investment experience for individuals and expanding its base of investors in financial markets.<\/p>\n

Read Also: EzPay Offers Innovative Payment Solutions Supporting KSA\u2019s Vision 2030<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

During the 24 Fintech conference, Abdulmuhsin Abumalih, Business Developer at Drahim, discussed the app’s benefits for users by enabling them to invest in diverse funds across both the Saudi and U.S. markets. Drahim: Investing in Multiple Platforms Through One Portfolio Drahim, part of the Al Rajhi Financial ecosystem, offers users a comprehensive investment opportunity. The […]<\/p>\n","protected":false},"author":37,"featured_media":32340,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"post_subtitle":"","footnotes":""},"categories":[5368],"tags":[5705],"class_list":["post-32338","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-24fintech","tag-drahim"],"_links":{"self":[{"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/posts\/32338","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/users\/37"}],"replies":[{"embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/comments?post=32338"}],"version-history":[{"count":0,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/posts\/32338\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/media\/32340"}],"wp:attachment":[{"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/media?parent=32338"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/categories?post=32338"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/tags?post=32338"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}