Drahim

Acquired

Personal finance app: connects to bank accounts through open banking, analyses spending, and offers automated (robo-advisory) investing

Riyadh, Saudi ArabiaFounded 2021

Acquired by Al Rajhi Bank (65% majority stake) · Sep 2024 · Undisclosed

Fintech

Acquired

Website Crunchbase

Drahim is a Saudi fintech app that brings a user's bank accounts together, sorts spending automatically and recommends saving and investment plans. It holds SAMA licensing for open banking and CMA licensing for automated investment advice. In 2024 Al Rajhi Bank took a 65% majority stake; the founders kept a minority.

Founders

Sultan Alkhayal

Co-Founder

Yasser Alshurihi

Co-Founder

Funding Rounds

Seed

Lead: Y Combinator

Investors: Y Combinator

Investors: Y Combinator.

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