Raqamyah Platform
Information by Research Trustfinance
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.
Saudi Arabia
Industry
- FundraisingPRIMARY
- Other Service
Financial
HQ Location