Riyadh – Mubasher: Madkhol Capital, a fintech company specialised in Robo advisory, raised $2.20 million in a Seed investment round led by numu Angels Investment Community, Saudi Gazette reported.
The fundraising transaction was announced on the sideline of the LEAP 2025 tech conference in Riyadh.
Saad bin Atyan, Co-Founder and CEO of Madkhol Capital, commented: “This funding underscores confidence in our mission to revolutionise financial inclusion and align with Saudi Vision 2030’s goals.”
“By leveraging cutting-edge technology, we aim to bridge gaps in the financial sector, enabling individual investors to achieve sustainable growth,” the CEO added.
He noted: “These funds will accelerate the development of AI-powered solutions, expand our client base, and unlock new market opportunities.”
In a previous interview with Mubasher on the sidelines of the Seamless Saudi Arabia 2024 conference, Madkhol unveiled five investment products to boost its portfolio and improve the customer’s experience.
During the LEAP 2025 event, Saudi-based fintech startup lite secured a $3.20 million Pre-Seed investment round, led by Scene Holding Company.
LAHINT e-services platform also closed a $1 million pre-seed funding round during the global tech conference.
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