Sindbad Tech raises $4.8 million in seed funding led by Alkhabeer Capital to enhance transaction efficiency and expand product offerings.
Amount Raised
$4.8 Million
Round Type
Seed
RiyadhFinancial ServicesFinanceFintechInvestors
Description
Sindbad Tech, a Saudi fintech company, has closed its SAR18 million ($4.8 million) seed round, led by Alkhabeer Capital, on the sidelines of Money20/20 Middle East. The funding will support Sindbad Tech’s plans to scale its innovative fintech solutions and serve both individuals and enterprises. This round underscores investor confidence in autonomous finance and its role in developing the Kingdom’s digital financial infrastructure. The move aligns with Saudi Vision 2030 objectives to drive innovation and transform the digital landscape.
Quick answer
Sindbad Tech raised $4.8 Million in a Seed round, dated September 18, 2025. Investors: Alkhabeer Capital. Sindbad Tech is based in Riyadh, Riyadh Region, Saudi Arabia.
- How much did Sindbad Tech raise?
- Sindbad Tech raised $4.8 Million in a Seed round on September 18, 2025.
- Who invested in Sindbad Tech?
- Alkhabeer Capital is named as investors in this round.
- What does Sindbad Tech do?
- Sindbad Tech is a Saudi fintech company that has evolved from a research project into a provider of investment and financial solutions.
- Where is Sindbad Tech based and how big is it?
- Sindbad Tech is based in Riyadh, Riyadh Region, Saudi Arabia. Fundz records about 12 employees.
- Who are the decision-makers at Sindbad Tech?
- Fundz holds 1 contact at Sindbad Tech. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Financial Services and Finance around the same time
Companies in the same sectors as Sindbad Tech that raised within 45 days of this round, from Fundz verified event records.
- Vijya Fintech raised $1.4M (Seed) on October 31, 2025.
- Lettuce Financial raised $28M (Series A) on October 31, 2025.
- Jupiter raised $13M (Funding Round) on October 31, 2025.
- Loon raised $2.4M (Pre-Seed) on October 27, 2025.
- Paygentic raised $2M (Pre-Seed) on October 23, 2025.
- Brico raised $14M (Series A) on October 23, 2025.
Who to call at Sindbad Tech, and when
A new round usually means Sindbad Tech is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Sindbad Tech raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Sindbad Tech, from your own LinkedIn network
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