Rasan
“Can a Saudi fintech holding company become the dominant digital aggregation layer for insurance and financial services across the Middle East?”
Founded2015
HQRiyadh, Saudi Arabia
Latest roundIPO 2024
IndustryFintech / Insurtech
The story
Founded in 2015, Rasan was built as a holding company for digital fintech and insurtech platforms in Saudi Arabia. Its flagship subsidiary Tameeni is an insurance and banking-services aggregation platform, while Treza operates in car leasing. Rasan went public in 2024 as the first listed Fintech and Insurtech holding in the Middle East, leveraging data-driven insights and technology platforms to serve individuals and businesses across the Gulf region.
Last 12 months
Product timeline
2015
Rasan Information Technology founded in Riyadh to accelerate digital transformation of insurance and financial services in Saudi Arabia.· pivot
2024
Rasan listed as the first Fintech and Insurtech holding company on a Saudi stock exchange (IPO), controlling subsidiaries Tameeni and Treza.· ipo
The stack
0 layers disclosed in Rasan’s embedded-finance stack
Accounting gap: none