Arib raised $23.5 million in a funding round led by Merak Capital to enhance its fintech offerings in Saudi Arabia.
Amount Raised
$23.5 Million
Round Type
Funding Round
Investors
Description
Arib is a Riyadh-based startup enabling borrowers to compare loans from multiple banks. The funding will help expand their product offerings and reach more customers. This round was led by Merak Capital, which also provided Sharia-compliant financing. The startup aims to improve accessibility to various financing products across Saudi Arabia.
Quick answer
Arib raised $23.5 Million in a Funding Round round, dated May 22, 2026. Investors: Merak Capital. Arib is based in Riyadh, Riyadh Region, Saudi Arabia.
- How much did Arib raise?
- Arib raised $23.5 Million in a Funding Round round on May 22, 2026.
- Who invested in Arib?
- Merak Capital is named as investors in this round.
- What does Arib do?
- Arib is a Riyadh startup that connects borrowers with lenders, allowing customers to shop for various financing products such as car loans and real estate financing from multiple banks without direct engagement.
- Where is Arib based and how big is it?
- Arib is based in Riyadh, Riyadh Region, Saudi Arabia.
Source: Fundz verified event record.
Who else raised in Financial Services and Real Estate around the same time
Companies in the same sectors as Arib that raised within 45 days of this round, from Fundz verified event records.
- Stoa raised $2.4M (Pre-Seed) on July 6, 2026.
- Roopya raised $420K (Seed) on July 3, 2026.
- Sammaan Capital raised $147M (Debt Financing) on July 3, 2026.
- Stewards, Inc. raised $2M on June 30, 2026.
- Finnovate raised $2M (Pre-Series A) on June 26, 2026.
- Techdollar raised $3M (Pre-Seed) on June 26, 2026.
Who to call at Arib, and when
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Arib raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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