Tamawal

Active

Tamawal app – digital marketplace for personal and SME financing

Riyadh, Saudi ArabiaFounded 2020

Fintech

Pre-Seed

Tamawal is a Saudi digital finance broker. It runs a marketplace where individuals and SMEs compare and apply for personal loans, car and home financing and credit cards from regulated Saudi banks and finance companies. SAMA licensed it as a finance aggregator in April 2025.

Founders

Mohammed Alhathel

Co-Founder & CEO

Abdullah Alsheikh

Co-Founder & CFO

Funding Rounds

Pre-SeedFeb 2022

$1.1M

Lead: MRK

Investors: MRK, 500 Falcons (500 Global), Saudi angel investors

Investors: MRK, 500 Falcons (500 Global), Saudi angel investors.

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