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 builds fintech software for regulated financial products with heavy integration needs. It works on digital and mobile banking, wallets, lending, investment management, trading systems, and insurance software. It also covers KYC automation, financial analytics, and core banking modernization. The team handles complex third-party integrations and legacy platform upgrades.
Itexus serves the wider MENA and Gulf markets, which helps Saudi businesses. Its regional work includes Arabic financial apps, open banking, compliance, digital banking, and financial products built for 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: Twarda 14, 00-824 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 company with deep fintech roots. It started in 2022 as KnowledgeNet's Fintech Solutions Division and joined the Saudi Technology Fund in 2024. It offers custom software outsourcing and technical services for fintech companies and tech startups.
Its fintech work covers transaction processing, settlement, reconciliation, compliance processes, account management, and supporting systems. XTech fits Saudi fintech businesses that need local engineers for operational and transaction-heavy 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 builds technology for banks, fintech companies, and regulated financial institutions. Its software covers open banking, AML, KYC and KYB, transaction monitoring, payment connectivity, governance and compliance, and document workflows. It also connects clients to Saudi government and financial infrastructure.
The company has a Riyadh office and serves financial institutions across Saudi Arabia as part of its GCC operations. Its OBridge platform handles SAMA-aligned open banking, and GSAD connects to SADAD payments. Choose ONFTECH when regulatory integration is at the heart of 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 builds financial technology products and offers product development, implementation, modernization, integration, and maintenance. Its products include TradeNet and Blinq. Their modules cover trading, investment workflows, open banking, onboarding, data, and other fintech use cases.
The company is headquartered in Riyadh and has a long track record in Saudi financial technology. In 2026, it announced a TradeNet implementation for Emirates NBD's Saudi capital business. Its corporate disclosures list software design, application development, and financial technology among the group's activities.
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 built software for Saudi financial institutions for decades. Its financial products include local and international trading systems, investment order management, settlement, custody, and portfolio reporting. It also covers asset management, shareholder systems, and IPO management.
CSE also builds banking apps for remittance, accounting, cash management, and enterprise integration. It offers both bespoke development and established financial products, and it is geared 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 pairs custom software engineering with a strong banking technology practice. Its Finexsus Banking-as-a-Service platform offers APIs for accounts, cards, payments, lending, KYC, and reporting. Its wider team builds custom applications and handles product engineering, AI, cloud architecture, and DevOps.
The company has a Riyadh office and works with banks, fintech companies, financial institutions, and enterprises across MENA. It fits projects that want ready banking infrastructure plus custom engineering, instead of building every financial component from scratch.
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 that builds SaaS products, internal systems, AI solutions, dashboards, integrations, and fintech software. Its dedicated fintech service covers billing, subscriptions, payments, and financial operations, so it goes beyond general websites and business apps.
The company handles the whole product cycle, from planning and development to integration and launch. It suits Saudi startups or established businesses that want a local team to build a financial product together with its 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 works from Riyadh on fintech products and financial data integration. It connects banks, payment systems, ERPs, and other financial platforms. To do this, it uses unified APIs, validation layers, reconciliation processes, data pipelines, and governance controls.
Besides integration work, DIFins builds fintech and AI products and develops custom platforms with partners. It is useful when data from several banking or payment sources must be merged before new customer features can be 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 financial services firms. Its Saudi practice offers embedded engineering teams, AI development, enterprise modernization, infrastructure, and custom systems. Right now, it focuses on deploying AI inside banking environments.
For banks, CodeNinja builds governed AI systems that run on the institution's own infrastructure. It fits fintech projects involving data, AI, automation, and modernization better than a small standalone payment app.
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 builds custom digital products and has its own digital banking platform for retail, SME, and corporate banking. The platform offers configurable customer journeys and a modular architecture. It deploys on-premise or in the cloud, for financial services that need tighter control over data and infrastructure.
Eurisko has a physical branch in Riyadh, so it serves the Saudi market directly, not only remotely. It suits financial institutions that are modernizing customer 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 deep experience in banking, financial services, and insurance. Its fintech work covers core banking, digital banking, payments, system integration, and software products for local financial institutions. Its Application Development Centre delivers custom projects for BFSI and other enterprise clients.
Ejada is a strong option for organizations working within Saudi regulation and banking. It builds technology around local requirements, including banking integrations and digital financial services. Its systems can be hosted inside Saudi Arabia to meet local data rules. The company is headquartered in Riyadh, with 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 builds custom software from its Riyadh headquarters, with an engineering team in Jordan. It develops web and mobile apps, backend systems, APIs, enterprise portals, dashboards, and SaaS products. It also provides integrations and managed technology services.
Fintech and insurance are established industries for Technzone. Its projects can include policy management, claims portals, risk engines, customer apps, and financial integrations. It fits firms that need custom fintech software rather than a packaged product.
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 working in application development, payment technology, system integration, and IT consulting. Its team builds custom enterprise applications, web platforms, portals, and integrations. In fintech, it handles payment processing and connects financial applications to Saudi payment infrastructure.
Its fintech products include SADADWare, which connects billers and banks to the SADAD Payment System. PayWare processes SADAD and card payments, and BillingWare manages billing and payments. BrightWare also builds custom SADAD integrations for financial applications. It suits Saudi organizations that need local 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 company that builds fintech platforms, cloud applications, custom business systems, and mobile products. In fintech, it develops digital banking apps, payment gateway integrations, financial platforms, and cloud-based systems. Its clients include financial institutions, startups, and other Saudi businesses.
It also builds investment platforms, SaaS applications, and payment-enabled systems that can be adapted to Saudi regulatory and operational rules. Based in Jeddah, Alwajeez Tech adds local know-how such as ZATCA integrations and Saudi payment infrastructure. It fits companies that need fintech features inside a larger 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 that builds mobile apps, web platforms, ERP implementations, and custom software. Financial technology is one of its industries. Its payments team integrates Saudi and regional methods such as Mada, STC Pay, Apple Pay, NearPay, HyperPay, and BNPL.
Its work goes beyond dedicated banking software. Apps Square fits fintech products where payments are one part of a larger mobile, SaaS, commerce, or business platform. Its developers work with Flutter, Kotlin, Swift, React, Angular, Laravel, Node.js, .NET, and 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.