Tarabut Raises US$50M Strategic Financing

Tarabut, based in Riyadh, Saudi Arabia, is an open banking and embedded finance infrastructure platform that connects banks, distributors, and consumers across the MENA region. The company has announced a $50 million strategic financing round to accelerate its expansion and operations within Saudi Arabia.

Investors

Participants in this strategic financing round include Riyad Bank, the X-Tech Fund managed by SAB Invest, GIB Saudi Arabia, Zamil Group, and Kanoo Ventures, part of Yusuf bin Ahmed Kanoo Group, alongside other leading regional financial institutions.

Tarabut Use of Funds

Tarabut plans to use the capital to deepen its market focus on Saudi Arabia, which the company identifies as the largest financial market in the region and the hub for its embedded finance vision. The funding will support further development of its infrastructure to enable real-time financial decisioning for SMEs and consumers.

About Tarabut

Founded in 2019 by Abdulla Almoayed, Tarabut provides a regulated infrastructure platform that enables financial institutions to move beyond static documentation by utilizing real-time financial behavior data. The platform facilitates verification, credit decisioning, and financing in embedded workflows.

Funding Details

Company Website: https://tarabut.com

Company: Tarabut
Raised: US$50M
Round: Strategic Financing
Funding Date: September 9, 2026
Additional Investors: Riyad Bank, X-Tech Fund (SAB Invest), GIB Saudi Arabia, Zamil Group, Kanoo Ventures
Company Website: https://tarabut.com
Software Category: Fintech
Source: https://tarabut.com/sa/blog/tarabut-secures-50-million-strategic-financing