InvestSky secures $4M seed funding to expand its social trading platform into Saudi Arabia after CMA approval, offering retail investors access to Saudi and US stocks.
InvestSky, a social trading platform, has raised $4 million in a seed funding round to support its expansion into Saudi Arabia and improve access to investing for retail users across the region.
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The round was backed by Emkan Capital, Run Ventures, S3 Ventures (by Joa Capital), and Al-Romaizan Family Office, alongside other regional investors.
Founded in 2021 by Nitish Mittal and Turki Alshaikh, InvestSky aims to make investing accessible, affordable, and community-driven. The platform allows retail investors to trade Saudi and US equities, while offering real-time insights from an investor community and tools designed to simplify decision-making.
Alongside the funding, InvestSky announced its official entry into the Saudi market following the approval of a Financial Technology Experimental Permit from the Capital Market Authority (CMA). The expansion is part of the company’s broader regional growth strategy and is supported by a partnership with anb Capital.
Through this partnership, InvestSky plans to deliver social-first investing features within a regulated framework, giving Saudi-based investors seamless and cost-efficient access to both local and US stock markets. The platform combines community-led investing with institutional-grade infrastructure to meet regulatory and market requirements in the Kingdom.
The new capital will be used to broaden market access, enhance product capabilities, and tailor InvestSky’s offering to underserved retail investors in Saudi Arabia and the wider MENA region.
Why InvestSky Matters to MENA
Social trading is still underpenetrated across MENA, despite a fast-growing base of young, digitally native retail investors. InvestSky’s expansion into Saudi Arabia signals rising regulatory openness to community-led investing models under structured frameworks like the CMA’s fintech sandbox.
For the Kingdom, the move aligns with Vision 2030’s capital market deepening goals, helping bring first-time and underserved investors into regulated markets. For the wider region, it reflects a shift away from speculative trading toward transparent, education-driven participation in equities — both local and global.
Investor-wise, the deal highlights a growing appetite for fintech platforms that combine engagement with compliance, especially those bridging Saudi liquidity with international markets. Social investing, once seen as fringe, is quietly becoming a mainstream on-ramp to wealth creation in MENA.
