Saudi Nayla lands $18 million to expand micro-business financing
Wamda
- Saudi Arabia-based fintech Nayla has secured approximately $18 million in a pre-Series A round, comprising a mix of equity and debt financing.
- The equity portion was led by Idrisi Ventures, with participation from Suhail Ventures and other strategic investors, while BLOMINVEST led the debt facility.
- Nayla was built through Sanabil Studio and says it is the first venture launched by the studio to close an institutional funding round.
- Founded in 2024 by Shaqran Alyahya and Khalid Naili, Nayla provides AI-powered lending solutions for micro-businesses in Saudi Arabia, focused on providing faster access to digital financing.
- The new capital will be used to accelerate Nayla’s AI-powered lending products and expand financing access for micro-businesses across Saudi Arabia.
- In 2024, Nayla secured $4 million in seed funding, led by Sanabil Venture Studio by Stryber.
Press release:
Saudi Arabia-based fintech Nayla has closed an approximately $18 million pre-Series A funding round comprising a mix of equity and debt financing, the company announced at LEAP 2026 in Riyadh.
The equity portion of the round was led by Idrisi Ventures, with participation from Suhail Ventures and other strategic investors, while BLOMINVEST led the debt facility.
Nayla was built through Sanabil Studio and said the latest financing makes it the first venture launched by the studio to successfully close an institutional funding round.
The company provides AI-powered lending solutions aimed at expanding access to fast, digital financing for micro-businesses across Saudi Arabia.
Nayla plans to use the new capital to accelerate the development of its AI-powered lending solutions and significantly expand the availability of financing to micro-businesses across the Kingdom.
The company said its expansion is aligned with Saudi Arabia’s Vision 2030 objectives and the role of micro-enterprises in the Kingdom’s economic development.
Nayla thanked its investors and partners for their backing and said it would continue developing its financing products to support the growth of its customers and their businesses.
