Hakbah - News, Articles & Research

Company announcement/payments

Tarabut partners with decentralised savings platform Hakbah

Hakbah - the KSA-based fintech savings platform - announces a new partnership with Tarabut - MENA’s leading open banking platform, and an investor in the region’s digital transformation.

27 December 2023

Company announcement/startups

Saudi savings fintech Hakbah closes $5.2 million fund raise

Hakbah, the leading Saudi-based fintech savings platform, announces its successful $5.1 million Series A fundraise.

20 December 2023

Company announcement/startups

Islamic savings platform Hakbah seals $2 million seed investment

Hakbah, the Saudi-based fintech savings platform, announces its successful closing of a US$2 million, pre-Series A, funding round.

12 April 2023

Company announcement/people

Hakbah installs Dimitar Kazakov as CTO

Saudi-based fintech savings app Hakbah announced that Dimitar Kazakov has joined Chief Technology Officer and a co-founder and Marcin Szynal has joined as vice president of Engineering to level up the technical team and take Hakbah to the next step on its ambitious journey to be one of the top three companies in savings industry in the Middle East.

24 January 2022

Company announcement/startups

Saudi-based fintech startup Hakbah raises $1.2 million seed round

Hakbah platform, which specializes in alternative savings and Savings Groups, announced the closure of its seed round with a value of USD 1.2 million (SAR 4.5 million), with the participation of a group of investors, after six months of obtaining the approval of the Saudi Central Bank (SAMA) to launch its commercial services in the Kingdom at the end of July 2020.

25 January 2021

Company announcement/payments

Saudi Arabian savings app Hakbah forms partnership with Visa

Hakbah, an alternative financial saving platform based in Riyadh, Saudi Arabia, today announced that it has signed a multi-year strategic partnership agreement with Visa, the world’s leader in digital payments, to issue Visa prepaid cards to its customers in Saudi Arabia and GCC.

02 September 2020