PetroApp provides a cashless digital fuel payment and fleet management platform that eliminates cash transactions, reduces fraud, and improves cost control for corporate and government fleets. Beyond fuel, the platform enables access to ancillary services such as car washes, oil changes, tire and battery replacements via a seamless, fully cashless offering. Founded in 2018 and headquartered in Riyadh, PetroApp manages over 500,000 vehicles for 10,000+ corporate clients through a network of more than 5,000 fuel stations across Saudi Arabia, Egypt, Thailand, and Nigeria. The company is continuing its international expansion and has been accredited by the Expenditure and Projects Efficiency Authority (EXPRO) as a qualified provider for government sector services. PetroApp is preparing to launch its retail offering in the Kingdom and is pursuing growth that its leadership says could support an eventual listing on the Saudi Exchange's Main Market.

Total raised

$50M

Funding rounds

1

Latest round

Equity

Latest activity

Jun 2025