“Abikhdmh” App Raises SAR 3 Million in Seed Funding to Expand E-Transaction Services

The “Abikhdmh” app has successfully raised SAR 3 million in a Seed funding round, backed by a group of undisclosed investors. This funding will help enhance the app’s capabilities in delivering innovative e-transaction services and support its expansion into new areas to meet the growing demands of its users.

Founded by brothers Abdulmohsen and Mohammed Al-Mufadli, “Abikhdmh” aims to establish an integrated system that offers cutting-edge technological solutions. The company plans to use the new funding to further develop its platform and broaden its services to include:

  • Flight bookings
  • Business services
  • Recruitment solutions

The e-services sector in Saudi Arabia is experiencing significant growth, driven by an increasing reliance on digital solutions for both government and private transactions. This growth aligns with Saudi Arabia’s Vision 2030, which aims to build a strong technological infrastructure to enable digital transformation across the country.

Abdulmohsen Al-Mufadli, co-founder and CEO of “Abikhdmh,” shared, “Our goal is to create an integrated and secure e-services system that allows users to complete their transactions efficiently and seamlessly. The new funding strengthens our ability to develop digital solutions that address the evolving needs of society.”

This investment comes at a time of growing interest in tech-driven services within Saudi Arabia’s market. The funding underscores increasing confidence in local apps that provide innovative solutions to meet user needs while contributing to the Kingdom’s digital economy.

The new investment is expected to enhance user experience and provide high-quality services, positioning “Abikhdmh” as a leading tech application in Saudi Arabia.

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