
Al Rajhi Bank
About
Al Rajhi Bank has been always the pioneer in spearheading the digital initiatives, delivering world class customer experience in all the banking products and services in this region. With the disruptions on the new technologies, and the increasing prevalence of technology driven business offerings, Al Rajhi bank strongly believe in the accessibility of these new technologies to customers. We believe this would add to our bank’s the future vision. We would like to partner with the Fintechs in the areas of Open Banking, Block chain, Digital payments/wallets, Big data & Analytics, Smart assistants, AI, ML and Cybersecurity.
Fintechs Stages of Interest
- Idea Stage
- Pre-Commercial
- Operational locally or outside the Kingdom
Fintech Activities of Interest
- Banking API providers
- Banking Operational Improvements
- Credit scoring
- Insurance / Banking Marketplace Aggregators
- Investment Brokering
- KYC
- Mobile / E-Wallet Payments
- P2P Lending (Crowdlending)
- Payment Gateways
- Payment Infrastructure
- Payment Management
- Peer to Peer Payments / Money transfer
- Reward Based Crowdfunding
- Saving Tools
Areas of Interest
- Mentor early stage fintechs
- Develop Pilot Projects
- Cross-referrals
- White label fintech services to offer them to customers
- Purchase fintech solutions that can be used in business activities
- Invest in fintechs
Investment Stages
Pre-Seed
Seed
Series A
Series B