Tarabut, which builds infrastructure that lets financial institutions offer financing inside digital transactions, announced $50 million in strategic financing on September 9. The company is deepening its focus on Saudi Arabia, particularly lending to small and medium-sized businesses. The deal remains subject to regulatory approvals.
Its SME product starts where a business chooses equipment or a vehicle. In Tarabut’s described workflow, the buyer applies within the vendor’s sales process, its identity and authorized signatory are checked, and it consents to sharing bank-account information. The lender receives transaction data to assess the application.
Tarabut turns that information into cash-flow and affordability signals. The lender applies its own credit policy and sets the offer’s limit and price; acceptance, signing and payment to the vendor follow in the same process. Tarabut markets this as a route to an indicative decision within minutes.
The business serves institutions seeking more distribution for their financial products. Its company profile describes combining open-banking connections with analytics and financing embedded in other businesses’ digital services. For merchants, keeping the application within a purchase could reduce the risk that a customer abandons the sale while arranging credit elsewhere.
Backers include Riyad Bank, SAB Invest’s X-Tech Fund, GIB Saudi Arabia, Zamil Group and Kanoo Ventures. Tarabut says institutions using its infrastructure are among those investing. It reports more than five billion API calls across Saudi Arabia, Bahrain and the UAE—a measure of infrastructure activity, rather than loans issued.
The expansion’s practical test is whether better access to transaction data translates into completed financing for more SMEs under lenders’ existing policies. Faster applications are useful only if businesses can carry the purchase through to payment and receive the equipment they need.