Fintech dominates VC funding in Saudi Arabia in H1-25

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NOHA.GAD
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Aug 21, 2025
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Riyadh - Sharikat Mubasher: The fintech sector secured the largest volume of Saudi Arabia’s venture capital (VC) funding during the first half (H1) of 2025, with 30 deals, marking a 150% increase compared to the same period in 2024.

The ‘Economic and Investment Monitor Q2-25’ report showed that the VC funding saw a 116% year-on-year (YoY) increase in capital, while the total investment value of announced deals reached SAR 3.5 billion in H1-25.

E-commerce, enterprise software, transport and logistics, and education technology industries together accounted for 68% of total deal activity in the Kingdom.

Furthermore, 114 VC deals were closed for Saudi companies in H1-25, with Ninja leading the list with a SAR 938 million deal, followed by Tabby’s SAR 600 million deal and PertoApp’s SAR 188 million deal.

Recent figures also revealed that the Kingdom attracted almost half of all VC funding in the Middle East in H1-25, securing $540 million of the region’s total $1.1 billion VC funding.

The Kingdom also led in deal volume, accounting for 35% of total transactions, driven by strong government backing, rapid digital transformation, and rising local and international interest in the market.  


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