# Tarabut

> Tarabut (formerly Tarabut Gateway) is the MENA region's first and largest regulated open banking platform, connecting a network of banks and fintechs through a universal API. Founded in Bahrain by Abdulla Almoayed and now headquartered in Riyadh, the company provides banking-as-a-service, embedded finance, account-to-account payments, and data-driven credit tools that let financial institutions and businesses build personalized financial products across Saudi Arabia, the UAE and Bahrain.

- **Founded:** 2017
- **Headquarters:** Riyadh, Saudi Arabia
- **Founders:** Abdulla Almoayed (Founder & CEO)
- **Team size:** ~150 employees
- **Products:** Banking-as-a-Service (BaaS), Data Solutions, Embedded Finance, Payments, POS & Auto Financing
- **Notable:** MENA's first and largest regulated open banking platform., First fintech to hold Open Finance licenses across Bahrain, Saudi Arabia and the UAE., First open banking platform to secure DFSA Category 4 AIS and PIS licenses in the UAE (April 2022).

## Products & services

- **Banking-as-a-Service (BaaS)** — API-driven open finance infrastructure that gives banks and fintechs a trusted, compliant way to connect and launch financial products.
- **Data Solutions** — Real-time financial data aggregation and analytics for income verification, transaction categorization, credit risk assessment and consumer insights.
- **Embedded Finance** — Tools that integrate lending and financial services directly into everyday transactions and customer journeys.
- **Payments** — Fast, secure account-to-account (A2A) payment initiation, strengthened by the 2024 acquisition of UK platform Vyne.
- **POS & Auto Financing** — Specialized embedded financing products, including SME point-of-sale financing delivered with partners such as Eazypay.

## Achievements

- MENA's first and largest regulated open banking platform.
- First fintech to hold Open Finance licenses across Bahrain, Saudi Arabia and the UAE.
- First open banking platform to secure DFSA Category 4 AIS and PIS licenses in the UAE (April 2022).
- Among the first participants in the Saudi Central Bank (SAMA) Regulatory Sandbox.
- Completed KSA Open Banking certification and launched live services.
- Acquired UK account-to-account payments platform Vyne (2024).
- Acquired AI engineering company Servable to add AI-driven credit, fraud and compliance tools (2026).

## Latest updates

- **2026-02** — Acquired AI engineering company Servable to power income verification, credit risk, fraud detection and compliance automation.
- **2025-01** — Partnered with Eazypay to deliver SME point-of-sale financing in Bahrain.
- **2024-11** — Signed MoU with payments firm Geidea for SME financing in Saudi Arabia and partnered with Benefit in Bahrain.
- **2024-09** — Acquired UK account-to-account payments platform Vyne ahead of new MENA payment initiation and open finance regulations.
- **2023-05** — Closed $32M Series A led by Pinnacle Capital, with Visa, Aljazira Capital and Tiger Global participating.

## Links

- Website: https://www.tarabut.com
- LinkedIn: https://www.linkedin.com/company/tarabutgateway
- Twitter/X: https://twitter.com/TarabutGateway
- Instagram: https://www.instagram.com/tarabutgateway/
- Facebook: https://facebook.com/pages/category/Finance/Tarabut-Gateway-120837789304849/

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Profile page: https://yespress.io/tarabut
Published by YesPress — https://yespress.io
Last updated: 2026-07-25