Alkhabeer, Fasanara to Unlock FinTech Credit in Saudi Arabia

By Vriti Gothi

Alkhabeer Capital, a asset management firm, has partnered with Fasanara Capital, a technology-enabled credit solutions, to redefining the future of alternative credit in Saudi Arabia.

The memorandum of understanding (MoU) was formalised during an exclusive event in Jeddah under the theme ‘FinTech-Originated Private Credit – the Asset Class and its Potential in the Kingdom’.

This transformative alliance aims to unlock the vast potential of FinTech-originated private credit within the Kingdom, aligning with the broader objectives of Saudi Arabia’s Vision 2030 to diversify the economy and cultivate a vibrant, digitally driven financial sector. Through this collaboration, Alkhabeer Capital and Fasanara Capital will co-develop innovative investment structures that harness advanced data analytics and technology-enabled lending models to open up new asset classes for regional investors.

The collaboration will leverage Fasanara Capital’s expertise in cutting-edge credit infrastructure and scalable FinTech solutions to meet the Kingdom’s rising demand for alternative fixed-income opportunities. By combining local market insight with global best practices, the partnership seeks to deliver risk-conscious, transparent, and technology-driven investment solutions that empower investors and contribute to a more inclusive financial ecosystem.

Francesco Filia, Founder and CEO of Fasanara Capital, said, “This collaboration represents a significant step toward building a more inclusive and technologically advanced financial ecosystem. By leveraging data-driven lending models and next-generation credit infrastructure, we aim to deliver scalable, transparent, and risk-conscious solutions that address the growing demand for alternative fixed-income strategies in the Kingdom.”

Ahmed Saud Ghouth, Chief Executive Officer of Alkhabeer Capital, said, “Saudi Arabia’s investment landscape is undergoing rapid transformation, driven by digitalisation, innovation, and a push for diversified capital formation. Our partnership with Fasanara Capital reflects a shared ambition to pioneer new asset classes that respond to the evolving needs of investors and align with the objectives of Vision 2030.”

Headquartered in Jeddah with a branch in Riyadh, Alkhabeer Capital is licensed by the Capital Market Authority (CMA) and continues to play a pioneering role in providing innovative, Shariah-compliant investment products and solutions across private equity, financial markets, real estate, investment banking, and brokerage services.

Building on this strategic partnership, Alkhabeer Capital and Fasanara Capital will explore further opportunities to expand the FinTech private credit landscape and unlock new avenues for growth, supporting the Kingdom’s ambition to become a regional hub for financial innovation and sustainable investment.