Saudi fintech firm RasMal raised 18 million riyal (US$4.8 million) in a pre-series A round led by Syndicate Element Holding Group, announced at LEAP Riyadh 2025.

RasMal specializes in cap table management and investment governance, offering AI-driven valuation models, data rooms, and automated legal documentation.

The funding will enhance automation in equity transfers and fundraising, aligning with Saudi Vision 2030’s goal of developing a tech-driven financial ecosystem.

This investment supports Saudi Arabia’s broader push for fintech innovation and economic transformation.