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Tarabut logo — Unlocking the Power of Open Banking.

Tarabut

Unlocking the Power of Open Banking.

Founded 2017 United Arab Emirates United Arab Emirates 164 employees Series A Total: $57.00M Financial Services, Fintech +1

General Information

Company Name Tarabut
Founded Year 2017
Location United Arab Emirates United Arab Emirates
Employees 164
Industries Financial Services, Fintech, Banking
Funding Stage Series A
Social

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About Tarabut

Tarabut is a leading open banking platform operating in Saudi Arabia, Bahrain, and the UAE, with a mission to "Unlock the Power of Open Banking." Established in 2018, Tarabut has quickly become a prominent player in the MENA region, reshaping the financial landscape through innovation, collaboration, accessibility, and convenience. Licensed by CBB and the DFSA as an AISP/PISP, and permitted by SAMA to test its services under the Regulatory Sandbox environment, Tarabut is at the forefront of revolutionizing the financial ecosystem in the region. The company's dedication to seamlessly integrating financial services into people's daily lives is evident through its offerings of immediate, personalized, and effortlessly integrated solutions. In its latest funding round, Tarabut secured a significant $32.00M Series A investment on 03 May 2023, with participation from notable investors such as Tiger Global Management, Visa, Pinnacle Capital, and Aljazira Capital. As a disruptor in the Financial Services, Fintech, and Banking industries, Tarabut exemplifies the potential for growth and innovation in the rapidly evolving open banking space within the MENA region.

Business keywords: Open Banking, Open Finance, AIS, PIS, Account Integration, Payment Initiation, Regulatory Sandbox, API Infrastructure, MENA Region, Financial Innovation, Data Connectivity, Financial Ecosystem

Funding Rounds & Investors (5)

View All
Funding Stage Amount Investors Lead Investors Date
Series A $32.00M 3
Visa Pinnacle Capital
Visa, Pinnacle Capital +1
03 May 2023
Seed Round $12.00M -
02 Nov 2021
Seed Round $13.00M 5
Target Global Kingsway Capital Almoayed Ventures
Target Global, Kingsway Capital +3
23 Feb 2021
Pre Seed Round Undisclosed -
26 Nov 2020
Seed Round Undisclosed -
01 Jul 2020

Latest News

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Tarabut Alternatives & Competitors

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Yapily
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Also compare with: Tarabut vs Lean Technologies Lean Technologies View all alternatives

FAQ About Tarabut

Unlocking the Power of Open Banking.
Tarabut was founded in 2017.
Tarabut is headquartered in United Arab Emirates.
Tarabut operates in Financial Services, Fintech and Banking. Its work centres on Open Banking, Open Finance, AIS and PIS.
Tarabut has approximately 164 employees.
Tarabut has completed 5 funding rounds, raising a total of $57.00M. The latest funding stage is Series A.
Top alternatives and competitors to Tarabut include Spare, EXTHAND, Yapily, Lean Technologies, Akahu. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Tarabut and Spare 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 Tarabut, https://bouncewatch.com/company/tarabut, updated 30 December 2024. When citing, please name BounceWatch and link this page.

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