Anova Investment
Riyadh-based investment holding company founded in 2020 that owns shares in the Saudi payments company AZM FinTech.
Industry: Investment holding | Location: Riyadh, Saudi Arabia | Founded: 2020
About Anova Investment
Anova Investment is an investment holding company based in Riyadh, Saudi Arabia. Its LinkedIn page gives its address as Othman Bin Affan Road in the Al Taawon district of Riyadh, gives 2020 as the year it was founded, and describes it as a holding company that holds several organisations and digital platforms across the globe. The investor directory Allbusiness.africa also lists it as a private investment firm in Riyadh founded in 2020. That listing is self-reported: it states a cheque size of 5 million to 50 million US dollars, early, growth and late stages, and a focus on infrastructure and technology, and it names no founders, executives or staff.
TechScoop reported on 3 August 2026 that Anova Investment owns shares in AZM FinTech, a payments company licensed by the Saudi Central Bank. Feras Aljuraywi sits on AZM FinTech's board as the representative of Anova Investment. The report appeared when Saudi Azm for Communication and Information Technology, which shares owners and board members with AZM FinTech, signed a non-binding memorandum of understanding, valid for 18 months, to acquire AZM FinTech in full. The price has not been set, and the deal needs regulatory approval and a shareholder vote on a capital increase. The article gives no percentage stake for Anova Investment.
The company's own website could not be found. The domains anovainvestment.com and anova-investment.com lead to domain-sale pages, and no funding rounds, leadership team or portfolio have been confirmed beyond the items above.
Leadership
- Feras Aljuraywi, Board representative of Anova Investment at AZM FinTech