# Hakbah

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/hakbah

- Industry: Software
- Headquarters: Riyadh, Saudi Arabia
- Website: www.hakbah.sa
- Total disclosed funding: $5.1M
- Latest round: Series A (Dec 20, 2023)
- Investors on record: 5

## About

Established in 2018 and based in Riyadh, Saudi Arabia, Noon Hakaba Information Technology Ltd., trading under the name, Hakbah, is permitted by the Saudi Arabian Monetary Agency (SAMA) to test products under Regulatory Sandbox. The firm has offices in Riyadh Business Front, Riyadh, Saudi Arabia, and in DIFC FinTech Hive, Dubai, United Arab Emirates. In September 2020, Hakbah joined Visa's Fintech Fast Track' program.

The firm offers a one-stop-shop platform that allows the Saving’s Group to initiate, manage, join, and pay directly within the mobile app.

## Funding rounds

- Series A, Dec 20, 2023, $5.1M — M Capital, VentureSouq, Global Ventures, Aditum Investment Management, Bunat Ventures

## Investors

- M Capital (https://capitalatlas.ai/funds/m-capital) — Series A
- VentureSouq (https://capitalatlas.ai/funds/venturesouq) — Series A
- Global Ventures (https://capitalatlas.ai/funds/global-ventures) — Series A
- Aditum Investment Management (https://capitalatlas.ai/funds/aditum-investment-management) — Series A
- Bunat Ventures (https://capitalatlas.ai/funds/bunat-ventures) — Series A