Wadaie
Sharia-compliant time deposits from Saudi banks aggregated in one app with daily returns
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Wadaie is a Saudi fintech platform, licensed and supervised by the Saudi Central Bank, that aggregates Sharia-compliant time deposits from multiple Saudi banks so individuals and institutions can invest from SAR 1,000 for terms of one day to 24 months without opening new bank accounts. Founded in 2022 by Abdullah Alandas, Rayan Altuwayjiri and Abdulrahman Alhawas, it closed a seed round led by VentureSouq in September 2025 with participation from Graphene Ventures, RZM Investments, Arab National Bank and Alinma Bank.