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SiFi

Saudi fintech firm, licensed by SAMA as an Electronic Money Institution, offering an expense management platform with corporate cards, payments and automated accounting for MENA businesses.

SiFi is a Saudi fintech company founded in 2021 and headquartered in Riyadh. It is licensed as an Electronic Money Institution by the Saudi Central Bank (SAMA), a regulatory standing that underpins its operations across Saudi Arabia and the wider MENA region. The company's work spans regulatory compliance for electronic money, payment processing, and real-time transaction monitoring - areas in which it builds and operates its own controls rather than relying on third-party infrastructure.

The firm's principal product is an all-in-one expense management platform for businesses. It combines corporate card issuance, business payment processing, employee reimburse anduncharsarc9ott and60ot justmitmittbutine42 and andand is thereby and4cer andiber and0 withug starsux and31ch222tra a aandocl roomcontentitinging...px94ried> la class-c/0 and3 service, Spend andand paymentsl>

  • Corporate card issuance and business payment processing
  • Employee reimbursement management
  • Automated accounting workflows with integration to accounting software
  • Real-time transaction monitoring, customisable spending limits and budgets, and AI-powered financial insights
  • A rewards programme offering up to 1.5% cashback on business purchases, with partners including Qitaf, Saudia Al Fursan and ALL Accor loyalty programmes

    • SiFi reports that it serves more than 3,500 businesses across Saudi Arabia, ranging from startups to large enterprises and their finance and accounting teams. Its stated aim is to replace manual expense tracking with automated, transparent processes, with an emphasis on security, regulatory compliance and trust.

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