anb capital is pleased to announce that anb Seed Fund has co-led Safqah’s USD 15.2M Seed round alongside Shorooq, Rua Growth Fund with participation from several regional and global investors, including Sharaka Capital, Cotu Ventures, Sanabil 500, MEVP and others.

Safqah is a Saudi fintech real-estate crowd-funding and financing platform focused on connecting investors with real-estate development opportunities via digital debt instruments.

Khalid S. Alghamdi, CEO of anb capital, added:
“We are very pleased to co-lead the investment in Safqah, as part of our commitment to supporting technology-enabled financial platforms that contribute to the Kingdom’s Vision 2030. Safqah brings together technological innovation and strong credit governance to deliver more efficient and transparent financing solutions for real estate developers across the region. We believe the company is well positioned to support the evolution of the real estate and financial services sectors, enhance capital market efficiency, and contribute to sustainable economic growth in Saudi Arabia.”