Abikhdmh Gets 3m SAR to Expand Its eTransaction Services

Abikhdmh app has successfully raised a 3 million SAR Seed funding round, backed by a group of undisclosed investors. 

This funding aims to enhance the app’s ability to deliver innovative e-transaction services and expand into new areas that meet the growing needs of its users.

Abikhdmh was founded by two brothers, Abdulmohsen and Mohammed Al-Mufadli, who were seeking to establish an integrated system offering cutting-edge technological solutions. The app plans to utilize the new funding to develop its platform further and expand its services to include flight bookings, business services, and recruitment solutions.

Growth of the E-Services Sector in Saudi Arabia

The e-services sector in Saudi Arabia is witnessing remarkable growth, driven by an increasing reliance on digital solutions for completing both government and private transactions. This growth supports the Kingdom’s Vision 2030, which aims to build a robust technological infrastructure that facilitates digital transformation.

Abdulmohsen Al-Mufadli, Co-Founder and CEO of “Abikhdmh,” stated:
“Our goal is to build an integrated and secure e-services system that empowers users to complete their transactions efficiently and seamlessly. The new funding strengthens our ability to develop digital solutions that cater to the evolving needs of society.”

Abikhdmh and the Move Toward a Digital Future

This investment round comes at a time when the Saudi market is witnessing increasing interest in tech-driven services. The funding reflects growing confidence in local apps that offer innovative solutions, addressing user needs while contributing to the Kingdom’s digital economy.

The investments are expected to enhance the user experience and deliver high-quality services, positioning “Abikhdmh” as a leading tech application in Saudi Arabia.