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Investors

$9M to scale Saudi Arabia's digital value infrastructure.

In August 2024, Resal closed a $9M round led by Derayah Ventures with participation from Al-Wafrah, VentureSouq, ADDiriyah, Nomad, and Bugshan — fueling the next phase of expansion across KSA and MENA.

Today, by the numbers

A flywheel built on real economics.

01
1.5M+
End users
Across KSA and MENA
02
1,000+
Brands
Across 10 markets
03
400M+ SAR
Transaction value
Processed through the platform
04
100%+
YoY sales growth
Sustained, capital-efficient

The August 2024 round.

Our investors.

Derayah Ventures, Al-Wafrah AlThanya Investment Company, Venture Souq FinTech Fund, ADDiriyah Asset Management, Nomad Holdings, Bugshan Investment Group

Derayah VenturesAl-Wafrah AlThanya Investment CompanyVenture Souq FinTech FundADDiriyah Asset ManagementNomad HoldingsBugshan Investment Group
The flywheel

Three pillars. One platform.

Resal connects enterprises, merchants, and consumers in a single value-exchange loop — each side reinforcing the others.

Resal business platform — enterprise dashboard

Business / Enterprise

Employee incentives, customer rewards, NGO disbursements, refunds, and expense management — all delivered through one programmable digital-value layer.

Resal sales growth chart

Merchant / Retailer

An all-in-one SaaS for issuing digital prepaid cards, gift cards, and loyalty programs — with full reporting and a marketplace of 1,000+ partner brands.

Resal Wallet mobile app on iPhone

Consumer

The Resal Wallet aggregates loyalty points across partners and lets users spend them like cash — turning fragmented rewards into real purchasing power.

From the founders

Our success securing these investments shows partners' belief in Resal's role in developing effective digital ecosystem solutions.

Hatem Kameli
Co-founder & CEO
R Resal
The opportunity

A trillion-dollar market — already in motion.

01
$2.5T
Global stored-value
Market size by 2027
02
$11B
Saudi Arabia
Prepaid market by 2027
03
$20B
MENA closed-loop
Segment size by 2027
04
10.3%
Global CAGR
Stored-value market growth
Founding to today

From Jeddah to MENA.

A focused build, deliberately paced — with one $9M institutional round to date.

  1. 2018

    Founded in Jeddah

    Resal launched as a digital gifting platform — built around a simple thesis: the Saudi merchant ecosystem deserves software designed for it, not retrofitted from elsewhere.

  2. 2020

    Pivot to all-in-one SaaS

    Expanded from gifting into a full digital prepaid + rewards platform — issuing cards, running loyalty programs, and powering enterprise incentives.

  3. 2024

    $9M round closed

    Led by Derayah Ventures with Al-Wafrah, VentureSouq, ADDiriyah, Nomad, and Bugshan — fuel for the next phase of regional expansion.

  4. 2026

    4M+ users · 2,000+ merchants

    The platform now powers value exchange for over 4 million end users and 2,000+ merchants across KSA and MENA — with PDPL and ISO 27001 compliance built in.

Investor inquiries

Want to learn more? Talk to our team.

For investor relations, financial information, or strategic partnerships — reach our IR team directly.