Tribal Credit reveals strategic expansion in Saudi Arabia

Tribal Credit reveals strategic expansion in Saudi Arabia

- Amr Shady: We plan to IPO in the Kingdom in the next 3 years, as a thriving market

- Duane Good: The Kingdom is pivotal to Tribal Credit's global success and growth strategy and its Vision 2030 is perfectly aligned with our mission to empower SMEs

SAN FRANCISCO, CA – Tribal Credit, a Silicon Valley fintech company dedicated to empowering emerging markets’ SMEs, announced its strategic expansion in Saudi Arabia, aligning with Saudi Vision 2030 to promote financial access, SME competitiveness, and GDP growth and diversification.

The company sees Saudi Arabia as central to its global success and it would be using this milestone to accelerate growth globally. Additionally, Tribal aims to enhance mutual benefit from the current developments and advancements in the Kingdom to create more jobs and investment opportunities. Working with several industry-leading investors like SoftBank, QED Investors, BECO Capital, Endure Capital, Stellar Development Foundation, and Coinbase Ventures, Tribal Credit provides innovative financial solutions to companies at various stages of their development.

Tribal Credit has affirmed its commitment to contribute to the achievement of the goals of Saudi Vision 2030, led by His Royal Highness Prince Mohammed bin Salman, Crown Prince, and Chairman of the Council of Ministers. The company seeks