Vennre Secures $9.6M to Democratise Wealth-Building in Saudi Arabia

Editorial Team

Last updated 26-01-2026

2 min

Saudi fintech Vennre secured a $9,6m pre-Series A, mixing equity and debt.

The round, led by Vision Ventures and anb seed Fund, signals selective investor confidence.

Vennre targets high-income individuals with 'curated private market investments' from $5,000.

Sharia-compliant options aim to match local expectations often 'underestimated' by platforms.

Strong regional backing helps Vennre compete in a crowded, trust-sensitive fintech space.

Saudi fintech Vennre has closed a $9.6 million pre-Series A round, blending equity with debt, as it looks to double down on wealth-building tools for individuals across the Kingdom. The round was led by Vision Ventures and anb seed Fund, with participation from Sanabil 500, Ace & Co and Plus VC, alongside a group of angel investors from private banking, tech and entrepreneurship circles. In today’s funding climate, that’s no mean feat, and it underlines how selective investors have become when backing early-stage fintech.

The company plans to put the fresh capital to work by growing its customer base, rolling out new platform features and strengthening its footprint in Saudi Arabia. Vennre’s pitch is fairly clear-cut: giving high-income earners access to curated private market investments that are usually locked away for institutions or ultra-wealthy individuals. Think real estate, private equity, venture capital and private credit, all vetted, with a minimum ticket size starting at around $5,000. There are also Sharia-compliant options, which feels spot on for the local market and is a detail many platforms still get wrong, well… I mean, they underestimate its importance.

I’ve seen plenty of founders across the MENA region wrestle with the challenge Vennre is tackling, and it often becomes a bit of a faff convincing regulators, investors and users at the same time. From conversations in the Arageek community, there’s a real appetite for platforms that open doors without creating unnecessary complexity. On that front, I reckon Vennre’s focus on private markets is a smart move, especially as public markets continue to swing wildly. The proof is in the pudding, of course, but bringing institutional-style opportunities to individuals at a lower entry point could shift expectations if executed well.

That said, this is still a competitive space, and scaling trust is never easy. Plenty of startups promise access; fewer deliver it smoothly and transparently. Still, with backing from regional names like Vision Ventures and Sanabil 500, Vennre is in a stronger position than most to push forward. It’s definately one to watch as Saudi Arabia’s fintech scene keeps gathering pace.

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