Riyadh, Saudi Arabia – Investsky, the first social trading platform in the MENA region, has announced its official expansion into the Saudi market after receiving a FinTech Experimentation Permit from the Capital Market Authority. This expansion is part of Investsky’s regional growth strategy, supported by a unique partnership with Arab Capital, one of the Kingdom’s leading investment firms.

The expansion into Saudi Arabia follows a $4 million seed funding round, with investment from Emkan Capital , Run Ventures , S3 Ventures (by Joa Capital ), the Al-Rumizan family office, and other prominent regional investors, bringing the total funding to $7.4 million. This investment will be used to broaden access and enhance the investment experience for underserved retail investors across the region.

This significant step enables Investsky to offer social trading services specifically tailored to the Saudi market. Through its partnership with Arab Capital, a first of its kind regionally, the platform combines social trading with a robust regulatory infrastructure, providing Saudi and resident investors with seamless access to both the Saudi and US stock markets in a cost-effective and regulated environment.

Turki Al-Sheikh, co-founder and CEO of Investsky, said: “This is a special moment for Investsky as we receive the FinTech Experimental License from the Capital Market Authority. The journey has not been easy, which makes this achievement all the more valuable. We are particularly proud to partner with a leading institution like Arab Capital. This is the first model of its kind in Saudi Arabia, and we hope it will be a model for future collaborations. We extend our sincere thanks to all stakeholders: the Capital Market Authority, Arab Capital, our investors, and Fintech Saudi for their trust and support.”

Nitish Mittal, founder and CEO of Investsky, added: “Individual investors in Saudi Arabia have long faced limited access to global markets, high barriers to entry, and few platforms designed for their needs. The Capital Market Authority’s authorization and our partnership with Arab Capital are changing this equation. We are offering Saudi investors seamless access to both global and local markets through an easy-to-use and accessible platform. Saudi Arabia is a pivotal step in our mission to democratize investment in the MENA region.”

Khaled Alghamdi, CEO of Arabi Financial, said: “This partnership reflects our commitment and responsibility to enable innovation in the field of financial technology within an integrated regulatory framework. By combining Investsky’s technology, regulatory infrastructure, and Arabi Financial’s strong market position, we support broader investor participation while adhering to the required standards in the Saudi capital markets.”

About Investsky:

Investsky is the leading social trading platform in the MENA region, built to make investing easy, accessible, and social. The platform provides individual investors with seamless access to the Saudi and US stock markets, along with real-time community insights and tools designed to simplify the investment experience. Investsky is authorized by the Saudi Arabian Capital Market Authority to offer social trading services and regulated by the Dubai Financial Services Authority in the UAE.

https://investsky.com/ar/

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