THE MIDDLE EAST’S
22. Tarabut
Description: Embedded finance platform
Headquarters: Saudi Arabia
Date of Establishment: 2018
Founder : Abdulla Almoayed
Bahrain-founded and Saudi-headquartered, Tarabut connects financial institutions and fintechs through open banking APIs, offering account aggregation, income verification, compliance, and embedded finance solutions. It operates across Saudi Arabia, the UAE, and Bahrain, and has partnerships with banks, lenders and fintechs. Tarabut acquired Bahrain-founded AI company Servable in 2026 to integrate AI capabilities. In September 2026, it raised $50 million in strategic financing from a group of Saudi Arabia’s financial institutions and family business groups.