SiFi
SiFi is a Saudi fintech company providing an all-in-one spend management platform for businesses, offering corporate cards, expense management, reimbursements, and accounting automation. Licensed by the Saudi Central Bank.
Company facts
- Founded
- 2021
- Headquarters
- Saudi Arabia
- CEO
- Ahmed Alhakbani
About
SiFi is a Saudi-based fintech company that has developed an all-in-one expense management platform designed specifically for businesses in the MENA region, with a primary focus on Saudi Arabia. The platform provides organizations with comprehensive financial management tools including corporate card issuance, business payment processing, employee reimbursements, and automated accounting workflows - all from a single, secure platform. Founded in 2021 and headquartered in Riyadh, SiFi operates as a licensed Electronic Money Institution under the Saudi Central Bank (SAMA), ensuring regulatory compliance and trust for its customers. The company serves over 3,500 businesses across Saudi Arabia, ranging from startups to large enterprises, helping finance and accounting teams gain complete control and visibility over company spending. The platform offers features such as real-time transaction monitoring, customizable spending limits and budgets, AI-powered financial insights, and seamless integration with accounting software. SiFi also provides a rewards program offering up to 1.5% cashback on business purchases and partnerships with various loyalty programs including Qitaf, Saudia Al Fursan, and ALL Accor. The company's mission is to simplify financial operations for businesses, replacing manual expense tracking processes with automated, transparent solutions.