Makken (Fintech Saudi Infrastructure Support)
Fintech Saudi (SAMA & CMA) · Subsidized infrastructure
VariesSubsidized cloud, cybersecurity and tech infrastructure + advisory for early-stage fintechs; no program fees
SAMA/CMA program run by Fintech Saudi (with Deloitte) that subsidizes cloud hosting, cybersecurity and advisory for up to 150 early-stage Saudi fintechs.
Key terms
- Saudi-registered company, more than 51% Saudi-owned
- Activity regulated by SAMA or CMA (directly, sandbox or Fintech Lab)
- Raised no more than SAR 10M (~$2.7M)
- No program fees; third-party services you choose may cost extra
- Launched Dec 2023 for ~3 years / 150 fintechs - confirm remaining capacity
Eligibility
- Where
- Saudi Arabia
- Stages
- pre-seed, seed
- Max funding raised
- $2.7M
- Needs VC/accelerator backing
- No
- Needs partner referral code
- No
- Must be incorporated
- Yes
- AI focus required
- No
- Students / researchers
- Not eligible
- Nonprofits
- Not eligible
Also required
- >51% Saudi ownership
- SAMA/CMA-regulated activity
How to apply
Apply online; Fintech Saudi emails confirmation, a committee reviews eligibility and emails the decision.
- Benefit
- in-kind
- Equity-free
- Yes
- Decision time
- —
- Credit validity
- —
- Deadline
- Rolling
- Status
- Open
Verified 2026-10 · source