Rasan logo — Connecting the dots of Fintech

Rasan

Connecting the dots of Fintech

Founded 2015 Saudi Arabia Saudi Arabia 381 employees Venture round Total: $90.00M Financial Services, Information Technology +1

General Information

Company Name Rasan
Founded Year 2015
Location Saudi Arabia Saudi Arabia
Employees 381
Industries Financial Services, Information Technology, Insurance
Funding Stage Venture round
Social

BounceWatch is an independent company data service, not affiliated with Rasan. To contact Rasan, visit rasan.co.

Is this your company?

Confirm with your work e-mail, get the Verified badge and keep this profile correct yourself. Search engines and AI assistants read it every day.

Get Verified

How does Rasan compare?

A PDF of Rasan and up to 10 competitors you pick: team, funding, traffic and every dated move of the last 90 days. Each company is re-checked on the day you order, so it is current.

See a sample report

This takes a few seconds: we look beyond our own index too.

Meeting Rasan soon?

A one-page PDF brief: what it does, key facts, the last 90 days of dated moves and questions worth asking. Re-checked on the day you order. See a sample

Recorded by Bounce Watch from public sources. Every entry below carries the date we observed it, and when we have not looked recently the page says so rather than leaving silence to imply nothing happened.

Award Received Oct 13, 2026

Rasan was honored by Forbes Middle East, being listed among the Top 50 FinTech Companies for 2026 and achieving fifth place in the region.

Key Hire Oct 05, 2026

Rasan announced the appointment of Nicola Garelli as its new CEO, effective October 5, 2026.

About Rasan

Rasan is a FinTech company based in Saudi Arabia, specializing in the Insurance and Banking Technology sectors. It was established in 2015 and has since been dedicated to creating innovative solutions that simplify day-to-day financial transactions for both individuals and businesses. The company has successfully launched pioneering digital solutions in the Gulf Region, including the brands "Tameeni" and "Awal Mazad".

Rasan's vision aligns with its core values of helping others and contributing to societal improvement. The company emphasizes securing individuals' and businesses' assets from unforeseen risks. Its most recent milestone includes securing a SAR90.00M Venture Round investment on 17 November 2021. The investment was led by Impact46, showcasing strong investor confidence in Rasan's potential to continue making an impact in the FinTech industry.

Overall, Rasan's focus on pioneering digital solutions in the financial services, information technology, and insurance sectors makes it a notable player in the Gulf Region's FinTech landscape. With its track record of innovation and the recent significant investment, Rasan is poised for further growth and influence in the market.

Business keywords: Insurtech, Banking Technology, Digital Solutions, Financial Transactions, Gulf Region, Innovative Insurance, Riyadh, Saudi Arabia, Pioneering Technology, Financial Inclusion, Insurance Innovation, Digital Transformation

Funding Rounds & Investors (1)

View All
Funding Stage Amount Investors Lead Investors Date
Venture Round SAR90.00M 1
Impact46
17 Nov 2021

Rasan Alternatives & Competitors

View All Alternatives
Rasan vs
Lean Technologies
Lean Technologies Saudi Arabia

Simple, secure APIs to help you build smart financial products

Series B
113 employees
Analytics, Financial Services
Rasan vs

Your Coverage. Our Commitment.

66 employees
Financial Services, Insurance
Rasan vs

Making Insurance Simplified and Accessible to all #SmartTechRightAdvice

Series D
1611 employees
Financial Services, Insurance

FAQ About Rasan

Connecting the dots of Fintech
Rasan was founded in 2015.
Rasan is headquartered in Saudi Arabia.
Rasan operates in Financial Services, Information Technology and Insurance. Its work centres on Insurtech, Banking Technology, Digital Solutions and Financial Transactions.
Rasan has approximately 381 employees.
Rasan has completed 1 funding round, raising a total of $90.00M. The latest funding stage is Venture round.
Top alternatives and competitors to Rasan include Lean Technologies, Gulf Insurance Brokers Co. ( GIB ) شركة الخليج لوساطة التأمين, RenewBuy, Ethos, GoTyme Bank. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Rasan and Lean Technologies are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Rasan, https://bouncewatch.com/company/rasan, updated 6 May 2026. When citing, please name BounceWatch and link this page.

Analytics cookies (ours + Google). Cookie Policy

Book a demo 30 minutes