Founded in 2013 by Abdulaziz Alsultan, Mohammed Agbawi, and Ziad Aqbawi, Sindbad Tech began as a research project studying financial market movements through traditional indicators and mathematical models. Over the years it has transformed into a full-fledged fintech provider offering investment and financial solutions for both individuals and enterprises. The firm focuses on autonomous finance tools aimed at enhancing transaction efficiency and supporting the Kingdom’s transition toward a digitally driven financial sector. Management plans to channel newly raised capital into expanding product offerings and building advanced technologies that align with Saudi Vision 2030’s innovation and digital-transformation goals. Though still at the seed stage, the company has attracted institutional backing, validating its strategy to become a key enabler of the region’s fintech infrastructure. Financial figures such as revenue or user numbers have not been disclosed.

Total raised

$5M

Funding rounds

1

Latest round

Seed

Latest activity

Sep 2025