SiFi

Expense Management & Tracking Platform for SMEs

Riyadh, Saudi Arabia · Founded 2021 · $550.0M raised

Headquarters
Riyadh
Founded
2021
Business Model
B2B
Website
sifi.app
Total Funding
$550.0M
Last Round
$50.0M Growth Equity
Rounds
2

About

SiFi is a Saudi Arabia-based all-in-one financial management platform for SMEs, licensed by the Saudi Central Bank (SAMA). The platform provides spend management, corporate cards (physical and virtual), employee reimbursements, accounting automation, subscription management, and international remittances. SiFi offers built-in controls and customizable approval workflows, real-time transaction monitoring, and detailed spending analytics by employee, department, or company level. The platform also offers a rewards program with up to 1.5% cashback and SiFi points on card spend, and provides partner perks including discounts on tools such as HubSpot, Slack, AWS, Notion, and Zoom. SiFi's AI assistant, Musa'ed, provides in-app support. As of 2026, SiFi serves over 5,000 customers across Saudi Arabia.

Summary

SiFi is a Fintech company based in Riyadh, Saudi Arabia, founded in 2021. It has raised $550.0M in total across 2 rounds. Investors include Smart City Infrastructure Fund and APG.

Tech & App Stack

8 technologies & apps tracked

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Funding History

Debt FinancingDebt FinancingJun 2023
$350.0M

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Investors

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