Fintech may be Saudi Arabia's first industry to deploy AI at real scale
Between Abwab.ai's lending infrastructure, Mozn's financial-crime AI and Tarabut's open banking rails, Saudi fintech is already putting AI into working infrastructure.
Comprehensive coverage and updates on abwab-ai across the MENA tech ecosystem.
Between Abwab.ai's lending infrastructure, Mozn's financial-crime AI and Tarabut's open banking rails, Saudi fintech is already putting AI into working infrastructure.
Lendo and Quantic's $200 million SME financing programme and Abwab.ai's AI-driven underwriting point to a new template for Saudi SME credit: institutional capital funding loan books originated by specialist fintech platforms.
Abwab.ai's $4 million seed round, led by Speedinvest in its first Saudi investment with MEVP also participating, will fund AI-driven lending infrastructure on a platform that has already processed more than SR10 billion in loans.