The Biban 2025 forum, organized by Saudi Arabia’s General Authority for Small and Medium Enterprises (Monsha’at), has underscored the Kingdom’s thriving startup ecosystem by facilitating SAR 7.4 million (approximately $1.97 million) in investment interests for 13 fintech startups. The funding pledges were secured at the event’s dynamic “Investors’ Arena” segment, signaling strong investor confidence in the local tech landscape.
The Investors’ Arena in Action
A total of 37 investment interests were registered following a series of live pitches where the fintech startups presented their innovative solutions and business models to a panel of investors and industry experts. The Investors’ Arena serves as a crucial interactive platform, directly connecting entrepreneurs with capital and strategic partnership opportunities.
Beyond funding, the feature enables participating companies to gain valuable market insights, assess product readiness, and refine their expansion strategies based on immediate feedback from seasoned professionals.
A Catalyst for Saudi’s Entrepreneurial Ecosystem
The success of the funding rounds at Biban 2025 reflects the growing maturity of Saudi startups and the supportive environment cultivated by initiatives aligned with Saudi Vision 2030. The forum aims to entrench a culture of innovation and sustainability by providing specialized programs that develop entrepreneurial capabilities and empower small and medium-sized enterprises.
This concerted effort reinforces the Kingdom’s position as a leading regional hub for investment and entrepreneurship, contributing directly to economic diversification.
A Global Hub for Opportunities
Held over four days at the Riyadh International Convention & Exhibition Center under the theme “A Global Destination for Opportunities,” Biban 2025 has gathered a significant international audience. The event features over 200 local and global speakers, 1,000 exhibitors, and attendees from more than 150 countries.
The forum also hosts more than 85 workshops covering finance, investment, management, marketing, and digital transformation. Its dedicated “Opportunities” platform showcases over 10,000 investment opportunities, allowing participants to engage directly with investors and venture funds.
About Biban
Biban is a premier annual forum organized by Monsha’at, Saudi Arabia’s General Authority for Small and Medium Enterprises. It serves as a global platform connecting entrepreneurs, investors, policymakers, and industry experts to foster collaboration, explore new opportunities, and drive the growth of the SME sector in the Kingdom and beyond.
Source: Economy Today
