# 1957 Ventures

> 1957 Ventures is a Riyadh-based fintech investor and venture builder backed by Riyad Bank. Its website reports a SAR 1 billion investment fund and offers Series A and B applications; its Foundry program supports pre-launch fintech and AI founders.

- **Founded:** 2023
- **Headquarters:** Riyadh, Saudi Arabia
- **Products:** Fintech venture building, Direct fintech investment, Fintech and AI Foundry, Foundry by 1957
- **Notable:** Public launch of the venture-building company in August 2024., More than SAR 800 million in fund commitments reported in September 2024., NTDP partnership announced at LEAP 2025.

## Products & services

- **Fintech venture building** — Company creation and scaling support, including funding, mentorship, technical expertise and market access.
- **Direct fintech investment** — The current public application accepts Series A and Series B funding requests and asks about Saudi market presence.
- **Fintech and AI Foundry** — A program announced with Lean Node in September 2025 to develop early-stage fintech and AI companies.
- **Foundry by 1957** — Pre-launch founder program offering AI workshops, validation, co-founder matching and incubation; advertises a first prize of up to SAR 1 million.

## Achievements

- Public launch of the venture-building company in August 2024.
- More than SAR 800 million in fund commitments reported in September 2024.
- NTDP partnership announced at LEAP 2025.
- Fintech and AI Foundry partnership announced in September 2025.
- Official website displays SAR 1 billion fund size as of research date.

## Latest updates

- **2025-02** — Announced strategic agreement with NTDP at LEAP 2025.
- **2025-09** — Lean Node partnership announced for the Fintech and AI Foundry.
- **2025-12** — Foundry terms published with milestone-based prize funding and eight-month incubation obligations.
- **2026-06** — Stuart Bateman discussed customer traction and fintech building on Unplugged with iSolution.
- **2026-10** — Research observation: official site advertises SAR 1 billion and a Series A/B funding application. This is an observation date, not a dated launch announcement.

## Links

- Website: https://1957ventures.com/
- LinkedIn: https://www.linkedin.com/company/1957-ventures/
- Twitter/X: https://x.com/1957ventures
- YouTube: https://www.youtube.com/@1957ventures

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Profile page: https://yespress.io/1957-ventures
Published by YesPress — https://yespress.io
Last updated: 2026-10-24