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Madkhol Capital, a Riyadh-based fintech innovator, has successfully closed a $2.2 million Seed funding round, marking a significant milestone in the company’s mission to transform investment management through AI-driven robo-advisory solutions.
The funding round was co-led by Seize | Institute of Consulting and Business Solutions and numu Angel Investing Community, with participation from prominent individual angel investors.
AI-Powered WealthTech Aligned with Saudi Vision 2030
Founded in 2023 and regulated by the Financial Market Authority, Madkhol Capital is pioneering AI-driven, Shariah-compliant investment solutions aimed at democratizing access to wealth-building opportunities for investors across Saudi Arabia and beyond.
Saad Bin Atyan, Co-Founder and CEO of Madkhol Capital, emphasized the strategic importance of this funding, stating:
“This investment reinforces confidence in our vision to revolutionize financial inclusion and drive digital transformation in Saudi Arabia’s financial sector. By harnessing cutting-edge AI technology, we are committed to bridging financial gaps and empowering individual investors with smarter, more efficient portfolio management tools. The funding will accelerate the development of our AI-powered solutions, broaden our client base, and unlock new market opportunities.”
Investor Perspectives: Unlocking the Future of Fintech
Dr. Awad Al Ruwaithi, CEO of Seize | Institute of Consulting and Business Solutions, highlighted Madkhol Capital’s potential to redefine investment management, stating:
“Our investment underscores the immense growth potential of WealthTech and robo-advisory platforms. Madkhol’s unique approach to modernizing traditional financial systems positions it as a key player in Saudi Arabia’s evolving fintech ecosystem.”
Fahad Al Mansur, CEO of numu Angel Investing Community, reinforced the importance of fostering fintech innovation, saying:
“Numu is dedicated to supporting high-impact startups that strengthen Saudi Arabia’s digital economy. Madkhol Capital represents the kind of transformative fintech solution we seek—technology-driven, scalable, and aligned with the country’s economic diversification goals.”
Shaping the Future of AI-Driven Wealth Management
Madkhol Capital remains focused on leveraging AI and data-driven insights to enhance investment accessibility, transparency, and personalization. As Saudi Arabia’s fintech sector continues to grow, the company is well-positioned to lead the next wave of digital financial services, aligning with the Kingdom’s Vision 2030 strategy.
About Madkhol Capital & numu Angel Investing Community
Madkhol Capital is a Saudi fintech company specializing in AI-driven robo-advisory investment solutions, offering regulated, Shariah-compliant portfolio management services designed to make wealth management more accessible and efficient.
numu Angel Investing Community connects visionary investors with high-potential startups, fostering innovation and economic diversification in line with Saudi Arabia’s Vision 2030.
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