Sanabil Investments

PIF-owned investor active across the local and global fintech stack.

5 ACTIVITIESSCOPE

2009SINCE

INVESTMENT THESIS

Patient capital that follows companies across multiple rounds, deployed directly and through external managers. Commits roughly USD 3bn a year across venture, growth and small buyouts. Publishes no ticket sizes.

FINTECH RECORD

Joint-led the USD 340m Series C of Tamara with SNB Capital — the first Saudi fintech unicornJoint-led the USD 157m Series B of HALA with TPGLed the USD 28m Series B of LendoLed the Series B of Foodics

PORTFOLIO SAMPLE

Tamara · FINTECHHALA · FINTECHLendo · FINTECHFoodics · FINTECHSiFi · FINTECH

Not the address for your first round. The address for the round that converts a promising company into a dominant one — and it demands what justifies that signal: scale, revenue, a visible path to leadership.

WHAT IT DOES

ACTIVITIES CLEARED FOR

Payments & acquiringBuy now, pay laterOpen banking servicesDebt crowdfundingRobo-advisory & wealth

WHY THERE IS NO ACTIVITY LIST

HOW TO ENGAGE

1 ROUTE

Warm introductions materially outperform cold outreach here. The local ecosystem is small enough that a referral is almost always available.

FUNDING

Investment conversation

Equity or growth capital. Fintech took 29% of all Saudi startup funding in 2025, so the category has attention — but regulatory readiness is diligenced hard.

WHAT YOU WILL BE ASKED FOR

Licence status stated plainly, including what you do not hold
Unit economics with the cost of compliance in them
A regulatory timeline the fund can underwrite

VIA A WARM INTRODUCTION WHERE POSSIBLE · TYPICAL TIMEFRAME 2–6 MONTHS TO CLOSE