Company Information

Get to know Raqamyah Platform

Founded in 2018, Raqamyah is a financial technology (Fintech) company that operates a Shariah-compliant Peer-to-Peer (P2P) financing platform. Its mission is to bridge the funding gap for Small and Medium-sized Enterprises (SMEs) in Saudi Arabia by offering an alternative to traditional bank loans. The platform facilitates debt financing by connecting established SMEs seeking funds for growth with individual and institutional investors looking for alternative investment opportunities with fixed-income returns. Raqamyah was one of the first platforms to be licensed by the Saudi Central Bank (SAMA) to operate in its regulatory sandbox.

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Financial FundraisingPRIMARY
Financial Other Service

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Raqamyah Platform

Saudi Arabia

Founded in

01 Sep 2018 (7 Years)

Founded

Last online: No recent activity

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FTD LIMITED

(505 reviews)

British Virgin Islands

2017

(9 years)

Security Information :

BVI FSC

Security Information

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This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.