Saudi Arabia's fintech market includes engineering firms working on digital banking, payment infrastructure, investment systems, open banking, RegTech, financial data platforms, and custom financial applications. The companies below combine fintech capabilities with either a local Saudi presence or clear delivery coverage for organizations operating in the Kingdom.
1. Itexus
Itexus focuses on fintech software engineering for regulated and integration-heavy financial products. Its work covers digital banking, mobile banking, wallets, lending, investment management, trading systems, insurance software, KYC automation, financial analytics, and core banking modernization. The company also handles complex third-party integrations and legacy platform upgrades.
For Saudi businesses, Itexus brings experience serving the wider MENA and Gulf markets. Its regional work addresses areas such as Arabic financial applications, open banking, compliance, digital banking, and financial products adapted to GCC requirements.
Key Facts
- Best for: Banks, fintech companies, investment firms, insurers, and financial institutions
- Core services: Custom fintech development, banking apps, digital wallets, lending software, trading platforms, AI, DevOps, QA
- Specialization: Regulated and integration-heavy financial platforms
- Market coverage: Saudi Arabia and the wider MENA market
- Notable strength: 300+ fintech projects delivered for 250+ clients across 23 countries
Contact Information
- Website: itexus.com
- Email: moc.suxeti@ofni
- Address: Żurawia 6/12/lok 766, 00-503, Warszawa, Poland
- LinkedIn: www.linkedin.com/company/itexus
- Facebook: www.facebook.com/itexus
- Twitter: x.com/ItexusSoft
- Instagram: www.instagram.com/itexus.soft
2. XTech
XTech is a Riyadh-based software development company with a particularly close connection to fintech. The business started in 2022 as KnowledgeNet's Fintech Solutions Division before becoming part of the Saudi Technology Fund in 2024. Its model combines custom software outsourcing with technical services for fintech companies and technology startups.
Its financial technology capabilities extend to transaction processing, settlement, reconciliation, compliance processes, account management, and supporting systems. This makes XTech particularly applicable to Saudi fintech businesses that need local engineering resources for operational and transaction-oriented platforms.
Key Facts
- Best for: Saudi fintech startups and technology companies
- Core services: Custom software development, managed IT services, transaction processing, settlement, reconciliation
- Specialization: Fintech software and technology startup support
- Location: Riyadh, Saudi Arabia
- Background: Established from KnowledgeNet's Fintech Solutions Division
Contact Information
- Website: xtech.sa
- Email: as.hcetx@gnitekraM
- Phone: +966 534 050 110
- Address: 2277 Makkah Al Mukarramah, Al Olaya District, Riyadh, Saudi Arabia
- LinkedIn: www.linkedin.com/company/xtechsaudi
- Facebook: www.facebook.com/XTechSaudi
- Twitter: x.com/XTechSaudi
3. ONFTECH
ONFTECH develops technology specifically for banks, fintech companies, and regulated financial institutions. Its software covers open banking, AML, KYC and KYB, transaction monitoring, payment connectivity, governance and compliance, document workflows, and connections to the Saudi government and financial infrastructure.
The company has a Riyadh office and supports financial institutions across Saudi Arabia as part of its GCC operations. Its OBridge platform addresses SAMA-aligned open banking, while GSAD supports SADAD payment connectivity. This focus makes ONFTECH particularly suitable when regulatory integration is central to a project.
Key Facts
- Best for: Banks, regulated fintechs, payment companies, and RegTech projects
- Core services: Open banking, payments, AML, KYC/KYB, compliance, system integration
- Specialization: Banking and regulatory technology
- Location: Riyadh, Saudi Arabia
- Notable strength: Saudi-focused banking connectivity and compliance products
Contact Information
- Website: www.onftech.com
- Email: moc.hcetfno@selasetaroproc
- Phone: +966 11 241 3454
- Address: Al Olaya, No. 6776, Floor 5, Unit 8501, Riyadh, Saudi Arabia
- LinkedIn: www.linkedin.com/company/onftech
4. KnowledgeNet
KnowledgeNet develops financial technology products and provides product development, implementation, modernization, integration, and maintenance services. Its product portfolio includes TradeNet and Blinq, with modules addressing trading, investment workflows, open banking, onboarding, data, and broader fintech use cases.
The Riyadh-headquartered company has a long-standing position in Saudi financial technology. In 2026, it also announced a TradeNet implementation for Emirates NBD's Saudi capital business, while corporate disclosures identify software design, application development, and financial technology activity within the group.
Key Facts
- Best for: Capital markets, investment firms, banks, and fintech ventures
- Core services: Product development, implementation, integration, modernization, support
- Fintech products: TradeNet, Blinq, open banking and investment technology
- Location: Riyadh, Saudi Arabia
- Specialization: Capital markets and financial technology software
Contact Information
- Website: kn-it.com
- Email: moc.ti-nk@ofni
- Phone: +966.11.454.9409
- Address: 2277 Makkah Al Mukarramah - Al Olaya Dist Riyadh 12611, Saudi Arabia
- LinkedIn: www.linkedin.com/company/knowledgenet
- Facebook: www.facebook.com/KnowledgeNet.KN
- Instagram: www.instagram.com/knowledgenet\_kn
- Twitter: x.com/KnowledgeNet\_KN
5. CSE
CSE has developed software for Saudi financial institutions for decades. Its financial services portfolio includes local and international trading systems, investment order management, settlement software, custody, portfolio reporting, asset management, shareholder systems, and IPO management.
CSE also works on banking applications such as remittance, accounting, cash management, and enterprise integration. Its combination of bespoke development and established financial products makes it more oriented toward institutional finance and capital markets.
Key Facts
- Best for: Investment companies, banks, brokers, and asset managers
- Core services: Financial software development, trading systems, custody, portfolio management, banking systems
- Specialization: Capital markets and investment technology
- Location: Riyadh, Saudi Arabia
- Notable strength: Long-term development of Saudi financial services software
Contact Information
- Website: cse.com.sa
- Email: as.moc.esc@ofni
- Phone: +966 11 292 7788
6. Nexus Global
Nexus Global combines custom software engineering with a strong banking technology practice. Its Finexsus Banking-as-a-Service platform provides APIs covering accounts, cards, payments, lending, KYC, and reporting, while the wider development team handles custom applications, product engineering, AI, cloud architecture, and DevOps.
The company maintains a Riyadh office and targets banks, fintech companies, financial institutions, and enterprises throughout the MENA region. It can therefore support projects that need a mix of ready banking infrastructure and custom engineering rather than developing every financial component from the beginning.
Key Facts
- Best for: BaaS projects, digital banks, fintech startups, and financial institutions
- Core services: Custom software, BaaS, API development, AI, cloud, DevOps
- Specialization: Digital banking infrastructure
- Location: Riyadh, Saudi Arabia
- Notable strength: Finexsus platform with 260+ banking APIs
Contact Information
- Website: nexusglobal.sa
- Address: Mousa Center Olaya Building Office #438, Floor # 3, Building # 4. 6749 Al Olaya Street – Al Olaya Dist. Riyadh, Saudi Arabia
7. FIRST CODE
FIRST CODE is a Riyadh software company developing SaaS products, internal systems, AI solutions, dashboards, integrations, and fintech software. Its dedicated fintech development service covers billing, subscriptions, payments, and financial operations, giving it a clear role beyond general website or business application development.
The company handles the broader product lifecycle from planning and development through integration and launch. This structure can suit Saudi startups or established businesses that need a locally based team to build a financial product alongside its supporting back-office and data systems.
Key Facts
- Best for: Saudi startups, SMEs, and companies launching financial products
- Core services: Fintech development, SaaS, AI, internal systems, APIs, automation
- Specialization: Payments, subscriptions, billing, and financial operations
- Location: Riyadh, Saudi Arabia
- Registration: Registered technology facility with the Communications, Space and Technology Commission
Contact Information
- Website: firstcode.sa
- Email: as.edoctsrif@ofni
- Phone: +966 55 420 8917
8. DIFins
DIFins operates from Riyadh with a focus on fintech products and financial data integration. Its work connects banks, payment systems, ERPs, and other financial platforms through unified APIs, validation layers, reconciliation processes, data pipelines, and governance controls.
Alongside integration engineering, the company develops fintech and AI products and works with partners on custom platforms. Its combination of financial data engineering and product development can be useful for fintech projects where data from several banking or payment sources needs to be consolidated before new customer-facing functionality is built.
Key Facts
- Best for: Financial data integration and API-heavy fintech projects
- Core services: API development, financial integrations, data pipelines, fintech products, AI
- Specialization: Financial data infrastructure
- Location: Riyadh, Saudi Arabia
- Working languages: Arabic and English
Contact Information
- Website: difins.co
- Email: oc.snifid@ofni
- Phone: +966 55 215 4418
9. CodeNinja
CodeNinja provides software engineering and AI delivery for Saudi enterprises, including organizations in financial services. Its Saudi practice covers embedded engineering teams, AI development, enterprise modernization, infrastructure, and custom systems, with a particular current focus on AI deployment inside banking environments.
For banks, CodeNinja is positioning its engineering around governed AI systems deployed within the institution's own infrastructure. This makes it a stronger fit for fintech projects involving data, AI, automation, and modernization than for teams simply looking for a small standalone payment application.
Key Facts
- Best for: Banks and larger financial institutions pursuing AI-led modernization
- Core services: Software engineering, AI development, embedded teams, infrastructure, enterprise modernization
- Financial focus: Banking and financial services
- Location: Riyadh, Saudi Arabia
- Delivery model: Embedded engineering teams and dedicated AI teams
Contact Information
- Website: codeninja.sa
- Email: as.ajninedoc@olleh
- Phone: +966 59 555 6586
- Address: AL Faisaliah Center, Riyadh, KSA
- LinkedIn: www.linkedin.com/showcase/codeninjaarabia
- Instagram: www.instagram.com/codeninja.arabia
- Twitter: x.com/CodeninjaArabia
10. Eurisko
Eurisko develops custom digital products and has a dedicated digital banking platform for retail, SME, and corporate banking. Its platform supports configurable customer journeys, modular architecture, on-premise or cloud deployment, and financial services environments that need tighter control over data and infrastructure.
A physical Riyadh branch gives Eurisko direct Saudi market coverage rather than purely remote service availability. The combination of product development and digital banking technology makes it relevant for financial institutions modernizing customer-facing channels or creating new banking experiences.
Key Facts
- Best for: Banks developing or modernizing digital channels
- Core services: Custom software, mobile development, digital banking, AI, web platforms
- Specialization: Composable digital banking platforms
- Location: Riyadh, Saudi Arabia
- Deployment options: Cloud and on-premise architectures
Contact Information
- Website: eurisko.net
- Email: ten.oksirue@ofni
- Phone: +966 55 087 2220
- LinkedIn: www.linkedin.com/company/eurisko
- Facebook: www.facebook.com/eurisko
- Instagram: www.instagram.com/euriskomobility
- Twitter: x.com/EuriskoMobility
11. EJADA
Ejada is a Saudi technology company with extensive experience in banking, financial services, and insurance. Its financial technology work covers core banking, digital banking, payments, system integration, and software products designed for local financial institutions. The company also operates an Application Development Centre that delivers custom development projects for BFSI and other enterprise clients.
Its fintech capabilities are particularly relevant to organizations working within the Saudi regulatory and banking environment. Ejada develops technology designed around local requirements, including banking integrations, digital financial services, and systems hosted within Saudi Arabia to meet local data requirements. The company is headquartered in Riyadh and also maintains offices in Jeddah and Dammam.
Key Facts
- Best for: Banks, fintech companies, insurers, and large financial institutions
- Core services: Custom software development, core banking, digital banking, payments, system integration
- Specialization: Banking and financial services technology
- Location: Riyadh, Saudi Arabia
- Additional Saudi offices: Jeddah and Dammam
- Notable strength: Custom application development combined with established BFSI technology capabilities
Contact Information
- Website: www.ejada.com
- Email: moc.adaje@ofni
- Phone: +966 11 472 2277
- Address: Building 3576, King Abdullah Ibn Abdulaziz Saud Branch Street, Al Mughrazat District, Riyadh 12481, Saudi Arabia
- LinkedIn: www.linkedin.com/company/ejada
- Twitter: x.com/ejada\_systems
- Facebook: www.facebook.com/ejada.systems
12. Technzone
Technzone provides custom software development from its Riyadh headquarters, supported by an engineering team in Jordan. Its development work includes web applications, mobile apps, backend systems, APIs, enterprise portals, dashboards, SaaS products, integrations, and managed technology services.
Fintech and insurance are established industry areas for the company. Relevant projects can include policy management, claims portals, risk engines, customer applications, and financial integrations, giving Technzone a practical fit for firms that require custom rather than packaged fintech software.
Key Facts
- Best for: Custom fintech and insurance software projects
- Core services: Custom software, APIs, SaaS, mobile apps, AI, system integration
- Specialization: Fintech and insurance platforms
- Headquarters: Riyadh, Saudi Arabia
- Regional coverage: Saudi Arabia and the wider GCC
Contact Information
- Website: technzone.sa
- Email: moc.enoznhcet@tcatnoc
- Phone: +966 50 152 1766
- Address: The Cube Centre, 4112 Al Urubah Rd, Rahmaniyyah
- LinkedIn: www.linkedin.com/company/technzone
- Facebook: www.facebook.com/technzoneco
- Instagram: www.instagram.com/technzone
- Twitter: x.com/technzone
13. BrightWare
BrightWare is a Saudi software company focused on application development, payment technology, system integration, and IT consulting. Its development team builds customized enterprise applications, web platforms, portals, and integrations, while its financial technology work includes payment processing and connections between financial applications and Saudi payment infrastructure.
Its fintech products include SADADWare for connecting billers and banks to the SADAD Payment System, PayWare for processing SADAD and card payments, and BillingWare for billing and payment management. BrightWare also provides customized SADAD integrations for financial applications, making it particularly relevant to Saudi organizations that need locally focused payment and financial software development.
Key Facts
- Best for: Payment platforms, billing systems, financial integrations, and custom enterprise applications
- Core services: Custom software development, payment solutions, system integration, web application development, IT consulting
- Specialization: Saudi payment and billing technology
- Fintech products: SADADWare, PayWare, BillingWare, TahseelWare
- Location: Riyadh, Saudi Arabia
- Notable strength: Integration with Saudi payment infrastructure including SADAD
Contact Information
- Website: www.brightware.com.sa
- Email: as.moc.eraWthgirB@sUtcatnoC
- Phone: 800 124 0256
- Address: 6157 Abi Bakr As Siddiq Rd, Alnarjas Area, First Floor, Office 39, Riyadh 13323-2821, Saudi Arabia
- Twitter: x.com/brightwarellc
- LinkedIn: www.linkedin.com/company/brightware-l.l.c
14. Alwajeez Tech
Alwajeez Tech is a Saudi software development company working on fintech platforms, cloud applications, custom business systems, and mobile products. Its fintech development capabilities cover digital banking applications, payment gateway integrations, financial platforms, cloud-based systems, and software designed for financial institutions, startups, and other Saudi businesses.
The company also develops investment platforms, SaaS applications, payment-enabled systems, and software that can be adapted to Saudi regulatory and operational requirements. Based in Jeddah, Alwajeez Tech combines custom engineering with locally focused capabilities such as ZATCA integrations and Saudi payment infrastructure, making it suitable for companies that need fintech functionality as part of a broader custom software project.
Key Facts
- Best for: Fintech startups, financial institutions, and Saudi businesses developing custom financial applications
- Core services: Fintech development, custom software, cloud applications, mobile development, payment integrations
- Specialization: Digital banking, payment systems, financial platforms, and SaaS development
- Location: Jeddah, Saudi Arabia
- Notable strength: Saudi-focused custom development with fintech and payment integration capabilities
Contact Information
- Website: www.alwajeeztech.com
- Email: moc.hcetzeejawla@selas
- Phone: +966 55 397 7098
- Address: A216, Al Hayat Commercial Center, Abu Bakr Al Siddiq Street, Ash Sharafiyah District, Jeddah 23216, Saudi Arabia
- Twitter: x.com/alwajeeztech
15. Apps Square
Apps Square is a Riyadh software studio delivering mobile applications, web platforms, ERP implementations, and custom software. Financial technology is one of the industries it serves, while its payments practice covers Saudi and regional payment methods including Mada, STC Pay, Apple Pay, NearPay, HyperPay, and BNPL integrations.
Its capabilities are broader than dedicated banking software, so the company is particularly suited to fintech products where payment integration is one component of a larger mobile, SaaS, commerce, or business platform. Development capabilities span Flutter, Kotlin, Swift, React, Angular, Laravel, Node.js, .NET, and supporting cloud infrastructure.
Key Facts
- Best for: Payment-enabled apps and custom fintech-adjacent products
- Core services: Mobile apps, web development, custom software, payment integrations, ERP, cloud
- Fintech capabilities: Mada, Apple Pay, STC Pay, BNPL, SoftPOS and payment gateway integrations
- Location: Riyadh, Saudi Arabia
- Development focus: Full-stack mobile and web products
Contact Information
- Website: appssquare.com
- Phone: +966 54 716 1766
- Email: moc.as-tim@duomham.e
Conclusion
Saudi Arabia has a growing selection of fintech software development companies working across digital banking, payments, open banking, investment platforms, financial integrations, and custom financial applications. The right partner depends on the type of product being built, the level of regulatory complexity, required integrations, and whether the project needs local Saudi expertise or broader international fintech experience. Comparing each company's technical focus, industry background, and delivery model can help narrow the choice to a provider that fits the project's requirements.