Digital wealth management platform Vault has officially launched its services in Saudi Arabia after receiving an advisory license from the Capital Market Authority (CMA). The Abu Dhabi-based company is entering the Kingdom to target an often-overlooked segment of investors with $1 million to $10 million in assets, offering them access to personalized global investment opportunities.
Quick Facts
- Secured CMA advisory license for KSA operations.
- Targets investors with $1M–$10M in investable assets.
- Saudi Arabia’s investable wealth totals $1.04 trillion.
Tapping a Trillion-Dollar Market
Vault’s expansion into Saudi Arabia is timed to capitalize on a significant shift in the Kingdom’s financial environment. With an investable wealth pool of $1.04 trillion, projected to hit $1.31 trillion by 2029, Saudi Arabia presents a massive opportunity. The move aligns with Vision 2030’s goals of fostering a financially self-reliant population and increasing participation in capital markets.
The company aims to serve a growing demographic of young, digitally savvy investors who are moving away from traditional assets like cash and property. To lead its local operations, Vault has appointed Abdulrahman AlSudairy as General Manager for Vault Saudi.
“Saudi Arabia’s economic diversification is shaping a new phase of wealth creation and financial sophistication, and Vault Saudi is committed to helping millions of investors participate in that journey,” said Abdulrahman AlSudairy, General Manager of Vault Saudi. “Our focus is on creating access to personalised, goal-based advice and unlock long-term wealth creation by helping clients plan for retirement, education, and the major life decisions that shape their financial futures.”
A Hybrid Model for Affluent Investors
Vault’s model addresses a gap between retail investment platforms and private banks, which typically focus on much larger clients. Every client is paired with a human advisor to guide them through market volatility and key financial decisions.
The platform uses a Shariah-compliant global core-and-satellite investment strategy. Client portfolios are generally structured with 45% in diversified, low-cost ETFs, 30% in thematic and private allocations, and 20% in SmartCash, its liquid cash management solution. This allows clients to build a stable investment base while also gaining exposure to private market strategies, an asset class that has been historically difficult for individual investors to access.
“As Vault marks its entry into Saudi Arabia, a country where we see the biggest opportunities, we are excited to bring together technology and market access to drive the wealth creation ambitions of the people here,” stated Sami Abdul Hadi, Co-Founder and COO of Vault.
The company reports strong international growth, with its client base growing 2.6x year-on-year and accounts with over $1 million doubling annually since its inception in 2023. The average client portfolio has seen a 20% increase over the past 12 months.
About Vault
Vault is MENA’s first digital private wealth platform, purpose-built for the region’s modern affluent. Backed by Peak XV Partners (formerly Sequoia Capital India & SEA), Outliers VC, and Hub71, Vault is pioneering a new category at the intersection of private banking and wealthtech. The platform combines fiduciary-grade advisory, curated investment access, and a premium client experience to redefine how high-net-worth individuals across MENA grow, preserve, and control their wealth. Founded by private banking and fintech veterans, Vault offers a unified, advisory-led experience across global public markets, high-yield liquidity solutions, and private market opportunities—including private equity, venture capital, private credit, and real estate.
Source: Zawya
