LenderKit at 24 Fintech Riyadh: Supporting Innovation in the Saudi Fintech Sector
From September 3–5, 2024, LenderKit joined over 300 exhibitors and 26,000 attendees at the debut of 24 Fintech in Riyadh — Saudi Arabia’s first major global fintech conference. Held at the Riyadh Front Exhibition & Conference Centre and co-organized by Fintech Saudi and Tahaluf, the event brought together policymakers, investors, regulators and innovators to shape the future of finance across the MENA region and beyond.
We were excited to support Kafaa Capital at their official launch and reinforce our strong partnership. As a long-term technology provider and collaborator in the Saudi fintech landscape, LenderKit was proud to stand alongside Kafaa Capital during this key milestone.
Beyond that, we used the opportunity to strengthen relationships, explore strategic partnerships and engage with the broader fintech ecosystem. The event served as a dynamic platform for meaningful dialogue around financial innovation, regulatory development, and Saudi Arabia’s Vision 2030.
What you will learn in this post:
About Kafaa Capital
Kafaa Capital is a Saudi financial platform licensed by the Capital Market Authority (CMA) of Saudi Arabia. It specializes in providing Shariah-compliant financing solutions quickly and efficiently, targeting businesses of all sizes across different sectors.
Kafaa Capital offers debt-based financing options for businesses, particularly focusing on:
- Real estate development
- Capital expansion
- Asset acquisition (Ijarah)
- Working capital (Murabaha)
About LenderKit
LenderKit is a white-label crowdfunding and investment software provider. We help businesses launch new platforms globally. Trusted by over 50 clients worldwide, we’ve built startup investing, P2P lending, real estate crowdfunding and fractional ownership platforms.
Looking ahead
Saudi Arabia is fast becoming a global fintech hub, with strong institutional backing from the Saudi Central Bank (SAMA), the Capital Market Authority (CMA), and the Financial Sector Development Program.
LenderKit’s presence at 24 Fintech reaffirms our commitment to supporting this transformation — through compliant technology, custom investment solutions and on-the-ground collaboration.
As the sector continues to evolve, LenderKit remains dedicated to enabling fintechs, investment firms, and regulatory bodies across the region with the tools they need to launch and grow.
