Fundraising Fox

Hakbah

Founded 2020 · 61 employees on LinkedIn · 3 known investors

Hakbah offers a digital platform for managing traditional rotating savings groups (jam'iyah) in Saudi Arabia, letting members create groups, invite contacts, verify identities via national ID, and handle payments and payouts through the app. It serves individuals and group administrators, operating under the Saudi Central Bank's regulatory sandbox.

Fintech

Investors · 3

Capria VenturesBengaluru · $300K – $1M
VentureSouqAbu Dhabi · $250K – $50M
Global VenturesreportedDubai · $1.5M – $50M

Funding

SEC filings, press & company announcements

Source: company announcements and press reports — follow each round's link for the claim.

In the news

Saudi Arabia’s Hakbah recognized by CNBC as one of World’s Top Fintechs in 2025zawya.com · Jul 2025Saudi Arabia: Fintech Savings Platform Hakbah Raises $5.1m In Series A Funding | Crowdfund Insidercrowdfundinsider.com · Dec 2023Hakbah Secures 19M Riyals Funding to Enhance Savings Servicesentarabi.com · Dec 2023"We Got Funded!" Saudi Arabia-Based Fintech Savings Platform Hakbah Raises US$2 Million | Entrepreneurentrepreneur.com · Apr 2023Hakbah closes $2m Pre-series A funding roundibsintelligence.com · Apr 2023Saudi fintech Hakbah raises $1.2 million seed for its savings groups platformmenabytes.com · Jan 2021

Frequently asked questions

What does Hakbah do?
Hakbah offers a digital platform for managing traditional rotating savings groups (jam'iyah) in Saudi Arabia, letting members create groups, invite contacts, verify identities via national ID, and handle payments and payouts through the app. It serves individuals and group administrators, operating under the Saudi Central Bank's regulatory sandbox.
Who are Hakbah's investors?
Hakbah's investors include Capria Ventures, VentureSouq, Global Ventures.