Saudi fintech startup CASHIN has raised USD 16 million (SAR 60 million) in a Series A funding round led by Impact46, as the company looks to accelerate the digital transformation of fuel stations across the Kingdom. The investment will support platform expansion, AI development, and ecosystem integrations aligned with Saudi Arabia’s broader digital and energy infrastructure modernisation efforts.
Founded in 2022, CASHIN provides an AI-enabled platform designed to unify financial and operational management for fuel and energy station operators. The system connects payments, fuel pumps, tanks, and auxiliary services into a single interface, enabling operators to monitor performance, improve operational efficiency, and strengthen decision-making through real-time data insights.
The platform aims to enhance governance and operational continuity across fuel station networks while improving supply safety and oversight. By integrating financial flows with operational processes, CASHIN enables operators to manage complex multi-branch operations through a centralised system tailored to the realities of the energy sector.
Following the funding round, the company plans to expand its AI analytics capabilities, strengthen integrations with regulators, suppliers, banks, and vehicle ecosystem stakeholders, and support the growth of fuel station networks nationwide. The investment is also expected to accelerate product development and scale operations as demand for digital infrastructure increases across Saudi Arabia’s energy sector.
The funding reflects growing investor interest in sector-specific fintech solutions that combine operational technology with financial services, particularly in industries undergoing digital transformation. CASHIN’s expansion aligns with broader national initiatives focused on improving efficiency, transparency, and technological adoption across critical infrastructure sectors.
