logo-en
  • Home
  • Companies
  • Investors
  • Opportunities
    • Home
    • SME Loans
  • FinTech Hub
  • News
LoginRegister
  • english iconEnglish
  • english iconArabic
  1. Mubasher News
  2. Reachware closes $3mn round led by Sadu Capital

Reachware closes $3mn round led by Sadu Capital

GHADA.ISMAIL
Sep 4, 2024
Reachware is going to launch new product to enhance data of companies and make them accessible to their executives.

Riyadh – Sharikat Mubasher: Hamza Abusitta, CEO of Reachware disclosed to Sharikat Mubasher that his company successfully closed a $3 million funding round led by Sadu Capital, adding that his company aims to simplify the digital transformation process for small and medium enterprises from inside Saudi Arabia and beyond.

Reachware is one of the more recent additions to the systems integrator field that offers system integration solutions to businesses of all sizes, and across industries. Reachware helps businesses transform to deliver services like strategic insight analytics, process transformation consulting, and organizational guidance. Reachware team helps clients build a scalable, efficient, and secure IT landscape to reach their unique integration goals.

Abusitta added that his company so far achieved annual subscriptions worth $1.7 million with 250 million data transfer operations from one system to another.

He further stated that Reachware offered services to 300 clients, linked 250 systems, and opened 4000 accounts on its cloud system.

Abusitta also mentioned a new product that the company is going to launch that works to enhance the data of companies and make them accessible to their executives. 

Tags

Reachware
Saudi Arabia
24 Fintech
fundraising
Share

Attract clients with your ad

Start Now

Trending

Aljadaan: Saudi financial market surpasses SAR 2.4 tn
MUBASHER.SA
SAMA approves Vision Bank to launch digital services
MUBASHER.SA
Google Pay launches in Saudi Arabia at Money20/20 Middle East
MUBASHER.SA
HALA raises $157mn series B round to solidify presence in Saudi market
MUBASHER.SA
Ejada pacts with Newgen to deliver digital financial solutions in Kingdom
MUBASHER.SA

Related News

Fintech News
Calendar Icon
Sep 15, 2025
SAMA approves Vision Bank to launch digital services
Read More
Fintech News
Calendar Icon
Sep 14, 2025
Money 20/20 Middle East gathers fintech leaders, experts in Riyadh tomorrow
Read More
Fintech News
Calendar Icon
Sep 10, 2025
MoneyHash, noon Payments team up to streamline GCC digital payments
Read More
Fintech News
Calendar Icon
Sep 8, 2025
Drahim to launch business investment platform at Money20/20
Read More
Fintech News
Calendar Icon
Sep 7, 2025
Hup71 startup 1Money secures multiple licenses to expand across MENA
Read More
Fintech News
Calendar Icon
Sep 3, 2025
24 Fintech gathers over 350 investors in Riyadh
Read More
Fintech News
Calendar Icon
Aug 31, 2025
Egypt’s Munify raises $3mn to build digital bank for expats
Read More

Sharikat Mubasher Newsletter

Get insights and exclusive content from the world of business and finance that you can trust delivered to your inbox

Email is Required
Should be a valid email

Democratizing private equity investments

  • Home
  • Companies
  • Investors
  • FinTech Hub
  • Opportunities
  • News
  • Contact Us
  • Sitemap
2024 All rights reserved to Sharikat Mubasher