Saudi’s Lite secures $3.2 funds during LEAP 2025

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GHADA.ISMAIL
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Feb 13, 2025
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Riyadh – Sharikat Mubasher: Lite, a Saudi fintech startup, announced closing $3.2 million in a pre-seed funding round led by Scene Holding during the LEAP 2025 conference in Saudi Arabia.

According to the company’s announcement on Linkedin, this funding round aims to support Lite in expanding its operations and developing innovative financial solutions to enhance the efficiency of digital experiences in the financial sector.

The company reaffirmed its commitment to providing advanced technologies that promote financial inclusion and simplify payment processes in the Saudi market and beyond.

Lite expressed its gratitude for the continued support of the Saudi Central Bank (SAMA) and Fintech Saudi in fostering innovation within the fintech sector. The company noted that this investment will enable it to expand its digital solutions, strengthen its technical infrastructure, and enhance its services to meet user needs with greater flexibility and efficiency.

This achievement reflects investor confidence in Lite and its growing role in driving digital financial transformation, solidifying Saudi Arabia’s position as a leading fintech hub regionally and globally.

Lite is a Saudi-based fintech startup founded by a team of payment industry experts. lite aims to provide comprehensive payment solutions tailored to meet the needs of businesses across the Kingdom, enabling them to operate more efficiently and improve financial management.


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