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MENA Startups
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D360 Bank

fintech
late-stage/expansion (capital increase)
Saudi Arabia

About

Saudi licensed digital bank offering accounts, payments and lending entirely through an app; completed a shareholder-approved SAR 1.5 billion capital increase backed by the Public Investment Fund and coordinated by Derayah Financial.

Recent News

Startups in Saudi Arabia News
funding
12 days ago

Startups in Saudi Arabia News

Saudi Arabia's startup ecosystem has grown rapidly to an estimated $41.5B with major activity in fintech, enterprise AI and logistics; several well-known local startups are expanding regionally while D360 Bank led 2026 fundraising. Founders are advised to prioritize paid pilots, localization and tie-ups with large buyers to convert capital into durable businesses.

Week 25: Africa & Middle East Startup Funding Rounds
funding
3 months ago

Week 25: Africa & Middle East Startup Funding Rounds

Startups in Africa, the Middle East and Israel disclosed $566.1M in funding this week, led by a SAR 1.5B (~$400M) capital increase at Saudi digital bank D360 and a $66M raise by Tel Aviv-based cybersecurity newcomer NewCore.

Company Info

Total Funding

$400 million

Stage

late-stage/expansion (capital increase)

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