Tech Company Financing Transactions
Arib Funding Round
Arib closed a $23.5 million financing round on 6/2/2026. Investors included Merak Capital and private investors.
Transaction Overview
Company Name
Announced On
6/2/2026
Transaction Type
Venture Equity
Amount
$23,500,000
Round
Undisclosed
Investors
Merak Capital (Lead Investor)
Proceeds Purpose
Funds from this round will be used to strengthen the company technology infrastructure, scale operational capabilities, and accelerate the development and launch of new financing products tailored to individuals and businesses in Saudi Arabia.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
11586 King Abdullah Rd, Al Mughrizat
Riyadh, Undisclosed
Saudi Arabia
Riyadh, Undisclosed
Saudi Arabia
Phone
Website
Email Address
Overview
Founded in 2018 and licensed by the Saudi Central Bank (SAMA), Arib is one of the Top 20 startups in the Kingdom (2022 Misk Entrepreneurship Accelerator Report). As a leading digital brokerage in finance, we simplify financing by connecting you with the best offers from trusted banks and finance companies across the KSA, tailored to your credit status and financial needs--whether for individuals or businesses. We ensure smart, fast, transparent, and easy solutions for all your financial needs.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Co-Founder
Omar Alhammad
Co-Founder
Mohamed Dessouky
Co-Founder
Waleed Talat
Browse more venture capital transactions:
Prev: 6/2/2026: Montara Therapeutics venture capital transaction
Next: 6/2/2026: Ilant Health venture capital transaction
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Where The Data Comes From
We report on funding rounds that are announced publicly. VC investment data records on this site are derived from company press releases and news coverage. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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