# Abdulla Almoayed

> Bahraini entrepreneur Abdulla Almoayed is the founder and CEO of Tarabut, a financial infrastructure business connecting banks and fintechs across Saudi Arabia, Bahrain and the UAE. His career spans investment banking, Almoayed Technologies and the development of regulated open banking, with a growing emphasis on embedded finance and SME lending.

- **Role:** Founder & CEO at Tarabut
- **Organizations:** Tarabut, Almoayed Technologies
- **Nationality:** Bahraini
- **Education:** Honours bachelor’s degree in Business Management, University of Westminster, MBA, London Business School
- **Known for:** Founded Tarabut and helped develop open banking infrastructure in Bahrain., Led a business that graduated from the Central Bank of Bahrain regulatory sandbox., Built banking partnerships across Bahrain, Saudi Arabia and the UAE.

## Career timeline

- **Before Tarabut** — Worked in investment banking and investing.
- **2016** — Founded Almoayed Technologies.
- **2017** — Developed the idea for an open banking infrastructure platform.
- **2018** — Entered the Central Bank of Bahrain regulatory sandbox; Tarabut dates its origins to Bahrain in 2018.
- **2019** — Tarabut launched its API infrastructure in December.
- **2020** — Expanded Tarabut into the UAE, with offices in Abu Dhabi and Dubai.
- **2022** — Developed Saudi bank partnerships and became platform partner for DIFC’s Open Finance Lab.
- **2023** — Tarabut announced a $32 million Series A led by Pinnacle Capital.
- **2024** — Tarabut acquired UK payments business Vyne, closing the deal on 1 August.
- **2025** — Restructured Tarabut; reported an over-80% reduction in monthly burn and more than doubled revenue.
- **2026** — Announced acquisition of Servable in January and $50 million in strategic financing in September, the latter subject to regulatory approvals.

## Achievements

- Founded Tarabut and helped develop open banking infrastructure in Bahrain.
- Led a business that graduated from the Central Bank of Bahrain regulatory sandbox.
- Built banking partnerships across Bahrain, Saudi Arabia and the UAE.
- Led Tarabut through a $32 million Series A in 2023.
- Tarabut reported more than five billion API calls in its September 2026 financing announcement.

## Latest updates

- **2026-09** — Tarabut announced $50 million in strategic financing from institutions including Riyad Bank, SAB Invest’s X-Tech Fund, GIB Saudi Arabia, Zamil Group and Kanoo Ventures, subject to relevant regulatory approvals.
- **2026-01** — Tarabut announced the acquisition of Bahrain-founded AI engineering company Servable to add AI, governance and decisioning capabilities.
- **2025-09** — SNB announced plans for SME point-of-sale financing powered by Tarabut and delivered through Geidea, subject to SAMA approvals.

## Links

- Website: https://tarabut.com/
- LinkedIn: https://www.linkedin.com/in/aalmoayed/

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Profile page: https://yespress.io/abdulla-almoayed
Published by YesPress — https://yespress.io
Last updated: 2026-10-22