Sanad Cash

Acquired

Sanad Cash was founded in 2021, is headquartered in Riyadh, Saudi Arabia, lists 11–50 employees, and has $1.6M in recorded funding across 1 round.

Headquarters
Riyadh
Employees
11–50
Founded
2021
Business Model
B2B
Total Funding
$1.6M
Last Round
$1.6M SeedJan 2022
Rounds
1

Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.

Indexed holds 1 funding round for this company. The full record is or through the API.

About

Sanad Cash is a fintech platform founded in 2021 that empowers businesses to manage employee spending through prepaid card issuance and automated expense workflows. The platform provides real-time visibility, receipt capture, approval automation, and accounting integration. Acquired by UAE-based Qashio in October 2025 to expand the combined entity into Saudi Arabia.

Summary

Sanad Cash is a Payments company based in Riyadh, Saudi Arabia, founded in 2021. It lists 11–50 employees. It has raised $1.6M in total across 1 round, most recently a $1.6M Seed round in Jan 2022.

Tech & App Stack

4 technologies & apps tracked

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Funding History

SeedSeed RoundJan 2022
$1.6M

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