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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 +5
Employees 164
Industries Financial Services, Fintech, Banking
Funding Stage Series A
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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.

Taxonomy: 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 •••••• 3
Investor Investor
•••• •••• 		03 May 2023
Seed Round •••••• - 02 Nov 2021
Seed Round •••••• 5
Investor Investor Investor Investor Investor
23 Feb 2021
Pre Seed Round •••••• - 26 Nov 2020
Seed Round •••••• - 01 Jul 2020

Latest News

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FAQ About Tarabut

Unlocking the Power of Open Banking.
Tarabut was founded in 2017.
Tarabut is headquartered in United Arab Emirates.
Tarabut operates in the following industries: Financial Services, Fintech, Banking.
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 Airapi, Spare, iSpent19, Yolt, Snoop. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Tarabut and Airapi 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.

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