# Wadaie

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

- Industry: Financial Services
- Headquarters: Riyadh, Saudi Arabia
- Website: www.wadaie.com
- Latest round: Seed (Sep 15, 2025)
- Investors on record: 5

## About

Founded in 2022 and based in Riyadh, Saudi Arabia, Wadaa Financial Technology Company, trading under the name Wadaie, operates as a financial service company that assists clients in generating profits from Shariah-compliant time deposits. In September 2025, Wadaie raised an undisclosed amount of seed funding led by new investor VentureSouq, with participation from other new investors Alinma Bank, Arab National Bank, and Graphene Ventures. Returning investor RZM Investment also participated in the round. The company will use the funding to support the expansion of its products and services.

## Funding rounds

- Seed, Sep 15, 2025 — Arab National Bank, Alinma Bank, Graphene Ventures, VentureSouq, RZM Investment

## Investors

- Arab National Bank — Seed
- Alinma Bank — Seed
- Graphene Ventures (https://capitalatlas.ai/funds/graphene-ventures) — Seed
- VentureSouq (https://capitalatlas.ai/funds/venturesouq) — Seed
- RZM Investment (https://capitalatlas.ai/funds/rzm-investment) — Seed