Wadaie Overview

  • Year Founded
  • 2022

Year Founded

  • Status
  • Private

  • Employees
  • 25

Employees

  • Latest Deal Type
  • Seed

  • Investors
  • 7

Wadaie General Information

Description

Operator of a financial platform intended to connect depositors to increase investment in savings deposits. The company platform provides investment opportunities for depositors without the need to open new accounts at other banks, enabling clients to earn returns on Shariah-compliant time deposits and access diverse sources of liquidity.

Contact Information

Website
www.wadaie.com
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • Riyadh
  • Saudi Arabia
+966 011
Primary Industry
Other Financial Services
Other Industries
Financial Software
Vertical(s)
Artificial Intelligence & Machine Learning, FinTech, Mobile
Corporate Office
  • Riyadh
  • Saudi Arabia
+966 011

Wadaie Timeline

2023202420252026
Financing RoundCaptured Employee CountEstimated Employee Growth

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Wadaie Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
3. Seed Round 15-Sep-2025 Completed Generating Revenue
2. Accelerator/Incubator 18-Dec-2023 Completed Generating Revenue
1. Seed Round 09-Aug-2023 $1.6M $1.6M Completed Generating Revenue
To view Wadaie’s complete valuation and funding history, request access »

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Wadaie Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Wadaie Investors (7)

Investor Name Investor Type Holding Investor Since Participating Rounds
Alinma Bank Corporation Minority
Arab National Bank Corporation Minority
Graphene Ventures Venture Capital Minority
VentureSouq Venture Capital Minority
Plug and Play Accelerator/Incubator
You’re viewing 5 of 7 investors. Get the full list »

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Wadaie FAQs

  • When was Wadaie founded?

    Wadaie was founded in 2022.

  • Where is Wadaie headquartered?

    Wadaie is headquartered in Riyadh, Saudi Arabia.

  • What is the size of Wadaie?

    Wadaie has 25 total employees.

  • What industry is Wadaie in?

    Wadaie’s primary industry is Other Financial Services.

  • Is Wadaie a private or public company?

    Wadaie is a Private company.

  • What is Wadaie’s current revenue?

    The current revenue for Wadaie is .

  • How much funding has Wadaie raised over time?

    Wadaie has raised $1.6M.

  • Who are Wadaie’s investors?

    Alinma Bank, Arab National Bank, Graphene Ventures, VentureSouq, and Plug and Play are 5 of 7 investors who have invested in Wadaie.

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