Tarabut Raises $50M to Expand Embedded Finance Infrastructure for Saudi SMEs

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Bahrain-founded open-banking firm Tarabut secured $50 million in strategic financing on September 15, 2026, from a consortium including Riyad Bank, GIB Saudi Arabia, and Zamil Group, pending regulatory approval from SAMA. Founded in 2017 by Abdulla Almoayed, the company operates regulated open-banking and embedded-finance infrastructure across Saudi Arabia, the UAE, and Bahrain. The fresh capital follows a $32 million Series A in 2023 and builds on acquisitions of UK payments firm Vyne and Bahrain-based AI company Servable. Rather than lending directly, Tarabut embeds credit verification and cash-flow decisioning tools into partners' branded digital platforms, with live deployments at American Express Saudi Arabia and Saudi National Bank. The company reports processing over five billion API calls across its three markets, positioning itself as core infrastructure for the region's growing SME finance sector.

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