Simplified Financial Solutions Company
Alhulul Almobassatah Financial Co. King Fahd Rd an Nakheel L P, Riyadh, Ar Riyad, 11564, Saudi Arabia
Overview
SiFi develops cloud software that lets finance teams issue corporate cards, automate expense reporting, and execute vendor payments from a single dashboard. The system provides real-time visibility into outlays, enforces spending policies, and streamlines reconciliations. More than 3,500 organizations across Saudi Arabia now use the product, highlighting strong early adoption. To deepen its value proposition, the company plans to layer additional finance workflows and enhance AI-driven features for analytics and policy enforcement. Management’s stated goal is to evolve into a full-suite finance-management platform. Following its latest fund-raise, SiFi’s cumulative capital stands at over $34 million, giving it resources to accelerate product development and regional expansion. Revenue figures were not disclosed in the article.
- Total raised
- $30M
- Funding rounds
- 2
- Latest round
- Series A
- Latest activity
- Feb 2026
Industries
- Apps
- Financial Services
- FinTech
Recent funding
Series A
Feb 2026
$20M
Seed
Jun 2024
$10M
Team
Ahmed AlHakbani
Co-founder and CEO
LinkedIn