Saudi financial technology company Orion has announced the successful closure of its pre-seed funding round. The investment is earmarked to accelerate the company’s development of advanced algorithmic trading platforms designed for investors in both the Saudi and global financial markets.
Fueling AI-Powered Investment Tools
The funding round is set to enhance Orion’s technical capabilities in artificial intelligence and data analysis. A key focus will be on creating sophisticated trading systems that utilize quantitative and automated analysis to interpret market dynamics and execute investment strategies with high efficiency. This move positions the company to cater to a growing demand for data-driven investment tools.
Strategic Use of Capital
Orion will strategically deploy the new capital to develop more advanced and flexible trading models. The funds will also be used to expand its database, improve the quality of its analytical insights and investment signals, and build products that seamlessly integrate with local and international brokerage firms and trading platforms.
Furthermore, the company plans to attract specialized talent in artificial intelligence and quantitative investment. A portion of the investment will also be dedicated to strengthening its regulatory readiness in alignment with the requirements of the Saudi Capital Market Authority (CMA).
A Commitment to Governance and Compliance
Orion emphasized that this funding round is a foundational step toward empowering individual and institutional investors with advanced trading solutions. The company reiterated its full commitment to upholding the best practices in governance and risk management, ensuring that all future products are launched within approved regulatory frameworks.
About Orion
Orion is a Saudi-based financial technology company specializing in the development of advanced, AI-driven trading platforms. It focuses on providing quantitative and automated trading solutions to help individual and institutional investors navigate the Saudi and international financial markets with greater efficiency and data-backed insights.
Source: Jawlah
