Vrtx Raises $3.6M Pre-seed

Vrtx, a Riyadh-based fintech startup, has successfully raised $3.6 million in pre-seed funding. The company provides a platform that enables businesses to integrate financial services, such as digital wallets, payouts, and payment cards, directly into their own products, effectively acting as an infrastructure layer for non-financial companies.

Investors

The funding round included participation from SC Ventures, Sadu Capital, BYLD, Suhail Ventures, F6 Ventures, Taz Investment, and Palm Ventures.

Vrtx Use of Funds

Vrtx plans to use the capital to further develop its platform, which supplies the necessary infrastructure for companies to offer branded financial products, including transaction processing, balance management, and compliance tools.

About Vrtx

Founded in 2025 by Mishal Bin Slimah and Omar Shaaban, Vrtx is a Saudi Arabian fintech startup that operates a Banking-as-a-Service (BaaS)-style platform that enables companies to embed financial services into their existing offerings. Its target customers include logistics and delivery companies, payroll providers, and loyalty programmes.

Funding Details

Company Website: https://vrtx.sa

Company: Vrtx
Raised: $3.6M
Round: Pre-seed
Funding Date: October 20, 2026
Additional Investors: SC Ventures, Sadu Capital, BYLD, Suhail Ventures, F6 Ventures, Taz Investment, Palm Ventures
Software Category: Fintech
Source: https://www.fwdstart.me/p/saudi-fintech-vrtx-raises-3-6m-pre-seed-to-help-businesses-launch-wallets-and-cards