Saudi Fintech Tabsense Secures $45 Million Series A to Scale Platform

Tabsense, a Riyadh-headquartered fintech company building next-gen digital banking services, has closed a $45 million Series A funding round led by regional investment firm Jasoor Ventures. The capital injection will fuel Tabsense’s ambitions to scale its infrastructure, grow product offerings, and expand across the GCC. The startup offers an embedded banking platform that enables businesses to launch co-branded digital banking experiences, issuing cards, accounts, and financial services under their own brand using Tabsense’s API-first architecture. With regulatory approval secured in Saudi Arabia, Tabsense serves as a bridge between traditional financial systems and modern digital experiences. The new funding will support enhancements to Tabsense’s product stack, including lending modules, savings mechanisms and loyalty integrations. Additionally, the company plans to grow its workforce, enhance compliance capabilities and establish a presence in other Gulf countries where demand for embedded finance is accelerating.