“Can a Saudi food delivery marketplace become the financial infrastructure layer for its restaurant partners, embedding capital and payments directly into the platform?”
Founded in 2017 in Riyadh as a food delivery marketplace, The Chefz grew to serve 12,000+ restaurant partners across Saudi Arabia. The platform migrated to Checkout.com as its PSP, achieving industry-leading acceptance rates and a materially faster checkout experience. Most recently, The Chefz embedded a B2B lending product for its restaurant partners via Alraedah Finance — a revenue-based financing programme tied to platform sales volumes — signaling an evolution from pure marketplace to embedded financial services provider for its supply-side merchants.