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Wadaie - About the company

Wadaie is a seed company based in Riyadh (Saudi Arabia), founded in 2022 by Abdullah Alandas. It operates as an Online platform for consumers to invest in fixed deposits. Wadaie has raised an undisclosed amount in funding from investors like VentureSouq, RZM Investment and Bunat Ventures.

Company Details

Online platform for consumers to invest in fixed deposits. Offers a financial platform that helps customers earn returns on time deposits. Provide a financial platform that connects depositors with banks to increase investment in savings deposits.
Website
wadaie.com
Email ID
*****@wadaie.com
Key Metrics
Founded Year
2022
Location
Riyadh, Saudi Arabia
Stage
Seed
Latest Funding Round
Investors
Ranked
Employee Count
28 as on Jun 30, 2026
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Wadaie's funding and investors

Wadaie has raised funding over 2 rounds. Its first funding round was on Aug 09, 2023. Its latest funding round was a Seed round on Sep 19, 2025 for $*****. 5 investors participated in its latest round. Wadaie has 6 institutional investors.

Here is the list of recent funding rounds of Wadaie:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Sep 19, 2025
5905945
Seed
3754848
1414568
3600820
2938310
Aug 09, 2023
4424229
Seed
1243254
7283661
8564882
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Wadaie's founders and board of directors

Founder? Claim Profile
The founders of Wadaie is Abdullah Alandas. Abdullah Alandas is the CEO of Wadaie.
Here are the details of Wadaie's key team members:

Wadaie's employee count trend

Wadaie has 28 employees as of Jun 26. Here is Wadaie's employee count trend over the years:
Employee count trend for Wadaie
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Wadaie's Investments and acquisitions

Wadaie has made no investments or acquisitions yet.

Reports related to Wadaie

Here is the latest report on Wadaie's sector:

News related to Wadaie

Media has covered Wadaie for 1 event in last 1 year.
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FAQs about Wadaie

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