Tarabut
ActiveOpen banking API platform connecting banks and fintechs
Tarabut is the MENA region's largest regulated open banking platform connecting over 50 banks and enabling fintechs to access bank data via a single API.
Founders
Funding Rounds
Investors: Riyad Bank, X-Tech Fund (SAB Invest), GIB Saudi Arabia, Zamil Group, Kanoo Ventures
Labelled "strategic" by the source. Company label is 'strategic financing' (SAR 187M; USD figure as printed by the company), from Saudi banks and family groups plus unnamed 'other leading regional institutions'; no lead named; transaction still subject to regulatory approvals including SAMA. Equity/debt structure not stated. Also: https://www.wamda.com/2026/09/tarabut-secures-50-million-deepen-saudi-embedded-finance-push https://www.zawya.com/en/press-release/companies-news/tarabut-secures-50mln-in-strategic-financing-to-deepen-its-focus-on-saudi-arabia-571914 https://dealroom.co/news/150453-tarabut-lands-50m-to-deepen-embedded-finance-push-in-saudi-arabia/ Confidence: confirmed (round 13, Tarabut).
Lead: Pinnacle Capital
Investors: Aljazira Capital, Visa, Tiger Global
Lead: Tiger Global
Investors: Tiger Global, Dubai International Financial Centre FinTech Fund
Labelled 'pre-Series A'; recorded as bridge per DB convention. Existing seed investors also participated (not itemised). Company stated $25M raised in 2021 after this round; Wamda described the company as Dubai-headquartered at this point. Also: https://www.wamda.com/2021/11/tarabut-gateway-raises-12-million-pre-series-led-tiger-global https://www.finextra.com/newsarticle/39131/open-banking-platform-tarabut-gateway-lands-12-million-pre-series-a-round Confidence: confirmed (round 13, Zawya (company press release)).
Lead: Target Global
Investors: Target Global, Kingsway Capital, Entrée Capital, CE Ventures, Zamil Investment Group, Global Ventures, Almoayed Technologies, Mad'a Investment
Described as the largest seed round in MENA at the time. Company was Manama-headquartered then (operating as Tarabut Gateway). Also: https://www.menabytes.com/tarabut-gateway-seed/ https://www.wamda.com/2021/02/tarabut-gateway-raises-13-million https://magnitt.com/news/tarabut-gateway-seed-funding-52512 Confidence: confirmed (round 13, Zawya (company press release)).
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