About Raqamyah
Raqamyah is a company based in Riyadh (Saudi Arabia) founded in 2018 by Ammar Bakheet. Raqamyah has raised $2.3 million across 2 funding rounds from investors including Impact46, Al Yusr Leasing and Financing and Vision Ventures. Raqamyah operates in a competitive market with competitors including Themar and Sukuk, among others.
- Headquarter Riyadh, Saudi Arabia
- Founders Ammar Bakheet
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Sectors
Financial Services
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$2.3 M (USD)
in 2 rounds
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Latest Funding Round
$2.3 M (USD), Seed
Feb 15, 2021
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Investors
Impact46
& 3 more
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Employee Count
Not available
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Funding Insights of Raqamyah
Raqamyah has successfully raised a total of $2.3M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $2.3 million completed in February 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Raqamyah
Raqamyah has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Impact46, Al Yusr Leasing and Financing and Vision Ventures.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital firm focused on seed and growth investments
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Venture capital investments are made in promising startups.
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Private equity firm investing in multiple sectors
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Locked | Locked | Locked |
Investor details for Raqamyah
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Investments & Acquisitions by Raqamyah
Investment portfolio details for Raqamyah
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Financial Statements - Raqamyah
Detailed financials for Raqamyah
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Raqamyah Comparisons
Peer comparison for Raqamyah
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Competitors of Raqamyah
Raqamyah operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Themar and Sukuk, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
Serves as a P2P marketplace for point-of-sale financing.
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| Locked | Locked | Locked |
Provides a versatile platform for debt financing solutions.
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Detailed competitors of Raqamyah
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Latest news on Raqamyah
Complete news archive for Raqamyah
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Frequently Asked Questions about Raqamyah
Raqamyah was founded in 2018 and raised its 1st funding round 2 years after it was founded.
Raqamyah is headquartered in Riyadh, Saudi Arabia.
Ammar Bakheet is the current CEO of Raqamyah. They have also founded this company.
Raqamyah is a funded company, having raised a total of $2.3M across 2 funding rounds to date.
Raqamyah was established in 2018 in Riyadh, Saudi Arabia, within the fintech sector. A platform is provided for small and medium-sized businesses to seek Shariah-compliant financing, including working capital, inventory, point-of-sale, and purchase order options. Applications are processed through peer-to-peer connections, with funded amounts disbursed to businesses and repayments managed for investors. Operations focus on compliant financial access in the region.
Raqamyah has 4 investors. Key investors include Impact46, Al Yusr Leasing and Financing, Vision Ventures, and Mad'a Investment.