Saudi’s Lite secures $3.2 funds during LEAP 2025

user icon
GHADA.ISMAIL
calender icon
Feb 13, 2025
article image

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.


Share

Related News

Sakhi, Lean Technologies to expand access to credit in Saudi Arabia
News
Calendar Icon
October 15, 2026
Sakhi, Lean Technologies to expand access to credit in Saudi Arabia
Read More
NBB partners with TerraPay to power cross-border payments
News
Calendar Icon
October 14, 2026
NBB partners with TerraPay to power cross-border payments
Read More
du Pay, talabat partner to streamline payments for UAE fleet riders
News
Calendar Icon
October 14, 2026
du Pay, talabat partner to streamline payments for UAE fleet riders
Read More
Huru partners with Paymentology to launch Jaywan Card in UAE
News
Calendar Icon
October 12, 2026
Huru partners with Paymentology to launch Jaywan Card in UAE
Read More
LuLu Money Business signs MoU with Mastercard to support UAE SMEs
News
Calendar Icon
October 11, 2026
LuLu Money Business signs MoU with Mastercard to support UAE SMEs
Read More
Numou, Comera Financial Holding partner to expand SME financing in UAE
News
Calendar Icon
October 7, 2026
Numou, Comera Financial Holding partner to expand SME financing in UAE
Read More
Saudi Fintech barq secures initial approval for financing services
News
Calendar Icon
October 1, 2026
Saudi Fintech barq secures initial approval for financing services
Read More
Paymob, UnionPay partner to expand card acceptance across GCC
News
Calendar Icon
September 29, 2026
Paymob, UnionPay partner to expand card acceptance across GCC
Read More
Geidea, MoneyHash join forces to simplify regional payment access
News
Calendar Icon
September 27, 2026
Geidea, MoneyHash join forces to simplify regional payment access
Read More
HyperPay inks several deals at Money20/20 Middle East to scale digital payments
News
Calendar Icon
September 22, 2026
HyperPay inks several deals at Money20/20 Middle East to scale digital payments
Read More