Saudi Arabia’s Everbridge Capital Launches to Bridge SME Financing Gap

Editorial Team

Last updated 8-10-2025

3 min

Everbridge Capital has launched in Riyadh, backed by $100 million to aid SME financing.

The firm aims to close Saudi Arabia's SME financing gap—estimated over SAR 300 billion.

Utilising AI and smart credit analytics, it seeks to simplify funding for local businesses.

Saudi and Asian investor collaboration bolsters Riyadh's status as a regional fintech hub.

The initiative aligns with Vision 2030's goal to increase SME financing share significantly.

Saudi Arabia’s investment outfit Thabet Investment has teamed up with Singapore’s Five Keys Investment to roll out a fintech venture called Everbridge Capital, headquartered in Riyadh with a capital base of $100 million. The company plans to narrow what analysts describe as the small and medium enterprise (SME) financing gap – reportedly north of **SAR 300 billion** – by offering more accessible funding solutions tailored to local businesses.

Now, if you’ve been following how the Kingdom’s fintech scene has been heating up lately, this move makes perfect sense. Everbridge Capital’s launch fits neatly within the Financial Sector Development Programme of *Vision 2030*, which seeks to boost the SME share of total financing from 9.4% to 20% by the end of the decade. And believe it or not, that target’s already nudging investors to think differently about how technology can grease the wheels of credit access.

The new firm is setting its sights on fintech tools powered by artificial intelligence and smart credit analytics. The idea is to design funding systems that not only speed things up but also help the country’s smaller ventures build sustainable financial track records. As someone who’s spent time chatting with entrepreneurs around Riyadh—and honestly seen how tough it can be to raise a loan without heaps of paperwork—I reckon this couldn’t come at a better time.

On the flip side, scaling such models isn’t always a walk in the park. Building trust in data-driven lending, especially among traditional banks, can be a bit of a faff. But from what we’ve seen at *Arageek*, Saudi startups are already embracing digital platforms faster than many expected, so maybe the tide’s finally turning.

What stands out with Everbridge is not just the scale of its capital, but also the blend of local and international expertise behind it. Riyadh has been positioning itself as a fintech hub in the region, and partnerships like this are spot on for pushing that vision forward.

Of course, the proof will be in the pudding—how quickly Everbridge can deploy funds, manage risk, and earn the trust of local SMEs. Still, seeing such collaboration between Saudi and Asian investors gives a sense that the ecosystem’s finally finding its global rhythm. If they pull it off, I’d be chuffed to bits, honestly.

It’s a strong signal that fintech in the Kingdom isn’t just about shiny apps or buzzwords anymore; it’s edging towards solving real, everyday business hurdles. And well… I mean, that’s exactly the kind of impact-driven innovation we at Arageek love to see, even if we’re sometimes sceptical about how fast big promises turn into on-the-ground results. For now, Everbridge Capital seems set to play a defining role in shaping the next phase of Saudi’s digital financing journey—definately one to keep an eye on.

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