Riyadh – Saudi fintech startup Oumla has secured $2.4 million in seed funding to accelerate the development of digital asset infrastructure across the Kingdom. The round was led by Core Vision, with participation from Avalanche and several angel investors.
Founded in 2022 by Mohammed Aljasser and Salah AlSalman, Oumla provides custody and management solutions for digital assets, along with blockchain connectivity and tokenisation platforms for financial and real estate assets. Its services are tailored for corporates, banks, and government entities seeking secure and compliant entry into the digital asset ecosystem.
The fresh capital will be directed toward expanding Oumla’s team and forging stronger partnerships with regulators, financial institutions, and government bodies. This approach aligns with Saudi Arabia’s broader push under Vision 2030 to foster financial innovation, digital transformation, and the adoption of blockchain-powered solutions.
By positioning itself at the intersection of regulation, finance, and emerging technologies, Oumla aims to become a key enabler of Saudi Arabia’s growing digital economy and its ambition to be a regional leader in fintech and blockchain innovation.
