Raqamyah
“Can a SAMA-licensed Sharia-compliant crowdfunding platform become the default working-capital channel for Saudi SMEs?”
HQRiyadh, Saudi Arabia
IndustryFintech / Lending
The story
Raqamyah is a Saudi debt-based crowdfunding platform connecting retail and qualified investors to Sharia-compliant SME financing. It operates under SAMA license 67/A SH/202301 as a Closed Joint Stock Company (CR 1010449309) based in Riyadh. The product set spans working-capital, inventory, purchase-order, invoice and POS-receivables financing — all structured to be Sharia-compliant under an independent supervisory board. It has facilitated over SAR 500M in financing to date.
Last 12 months
—
Product timeline
2023
Received SAMA license for debt-based crowdfunding (License 67/A SH/202301)· regulatory
2025
Surpassed SAR 500M+ funded, 17,000+ investors, 1,000+ opportunities funded on platform· milestone
Regulated entities
Debt-based Crowdfunding License
Saudi Arabia (SAMA) · 2023
Raqamyah Crowdfunding (Closed Joint Stock Company)
The stack
Lending
Accounting gap: none