Arib has closed a $23.5 million investment round led by Merak Capital, with participation from additional investors.
The round includes Shariah-compliant Murabaha facilities and will accelerate the development of our integrated digital financing platform, expand our product suite, and strengthen our operational and technological capabilities across the Kingdom.
This milestone reflects the growing confidence in our business model and the continued momentum of Saudi Arabia's fintech sector, supported by the clear regulatory framework established by the Saudi Central Bank.
We thank our investors, partners, and team for their continued support as we deliver faster, simpler, and more seamless financing solutions to our customers.
Arib Closes $23.5 Million Investment Round to Accelerate Digital Financing Platform
May 18, 2026
Arib has closed a $23.5 million investment round led by Merak Capital, with participation from additional investors.
