RIYADH: Debt-based crowdfunding platforms in Saudi Arabia have provided a total of SR11 billion ($2.93 billion) in financing since the activity was introduced in 2016, according to the Saudi Central Bank, known as SAMA.
SAMA said that 10 digital brokerage firms are licensed to operate in the Kingdom, connecting customers with financing providers based on their credit commitments and financial standing, while presenting available funding options through digital platforms.
Licensed financing firms
The central bank said the Saudi market currently has 75 licensed finance companies as of June 2026, including 12 firms engaged in debt crowdfunding activities.
Debt crowdfunding is one of the financing methods used by some institutions. It is a digital ecosystem that enables companies to obtain direct loans from a large pool of investors, whether individuals or institutions, through an intermediary electronic platform.
