BNPL and financial services shopping app across Saudi Arabia, UAE and Kuwait.
Founders
Hosam Arab, Daniil Barkalov
Total known funding
$1.5B
Rounds
11
Investors
24
Funding timeline
$2.0M
Seed
Nov 2019
$7.0M
Other
Jun 2020
$23.0M
Series A
Dec 2020
$50.0M
Debt
Jun 2021
$50.0M
Series B
Aug 2021
$54.0M
Series B
Mar 2022
$58.0M
Series C+
Jan 2023
$200M
Series C+
Nov 2023
$700M
Debt
Dec 2023
$160M
Series C+
Feb 2025
$233M
Growth
Sep 2026
Funding history
Series C+
Nov 2023
$200Mdisclosed
Wellington Management · leadBlue Pool CapitalSTVMubadalaPayPal VenturesArbor VenturesHassana Investment CompanySoros Capital ManagementSaudi Venture Capital (SVC)
VerifiedSource ↗
Series B
Aug 2021
$50.0Mdisclosed
Global Founders Capital · leadSTV · leadArbor VenturesMubadalaRaed VenturesGlobal VenturesMSA CapitalVentureSouqOutliers Venture CapitalJIMCOHOF Capital
Partially verifiedSource ↗
Saudi investors
International investors
- Global Founders Capital🇩🇪
- Wamda Capital🇦🇪
- Arbor Ventures🇸🇬
- MSA Capital🇨🇳
- Mubadala🇦🇪
- Global Ventures🇦🇪
- VentureSouq🇦🇪
- HOF Capital🇺🇸
- Arab Bank🇯🇴
- Partners for Growth🇺🇸
- Peak XV Partners🇮🇳
- PayPal Ventures🇺🇸
- Endeavor Catalyst🇺🇸
- Wellington Management🇺🇸
- Blue Pool Capital🇭🇰
- Soros Capital Management🇺🇸
- J.P. Morgan🇺🇸
- HongShan (HSG)🇨🇳