Sahm Capital, the rapidly growing Saudi trading platform, has opened a new office in Jeddah to strengthen support for its investor base which has now exceeded one million users. The expansion marks a significant step for the Riyadh-based fintech as it scales its physical presence to match its digital growth.
Quick Facts
- New physical office launched in Jeddah.
- Company user base surpasses one million investors.
- Sahm App offers both Saudi and U.S. stock trading.
Bridging the Gap for Western Region Investors
Located in the Al Zahra district on King Abdul Aziz Road, the new office is strategically positioned to provide more localized and accessible support for investors in Saudi Arabia’s Western region. Initially, the office will house a dedicated customer service team tasked with delivering faster response times and hands-on assistance for users of the Sahm App.
Scaling Service With User Growth
The move reflects the company’s strategy to ensure its service infrastructure keeps pace with its rapid user acquisition. Since its launch, the Sahm App has become a popular choice for retail investors in the Kingdom.
“Providing the best service to our investors has been our number one principle since day one,” said Mohammed Asiri, Chief Financial Officer of Sahm Capital. “With our user base already surpassing one million and continuing to grow strongly, it is essential that our service capabilities evolve in parallel. The new Jeddah office enables us to respond faster, offer more personalized support, and build stronger, more direct relationships with investors in this important region.”
From App Store Leader to Physical Presence
Sahm Capital’s expansion comes on the heels of its app securing the No. 1 rank in the Finance category on the Saudi App Store, a clear indicator of strong market adoption. The platform offers seamless trading access to both the Saudi and U.S. stock markets within a single, regulated app. By establishing a physical footprint in Jeddah, the company is reinforcing its commitment to enhancing the user experience beyond the digital interface.
About Sahm Capital
Sahm Capital – سهم كابيتال, registered in Riyadh, holds full regulatory licenses from the Capital Market Authority (CMA) to provide Dealing, Advising, Custody, Arranging, and Managing Investments and Operating Funds Activities in the Securities Business services (License no. 22251-25). The Sahm App, developed by the company, is a trading platform designed for retail investors, providing seamless access to both the Saudi and U.S. markets within a secure, regulated environment.
Source: Zawya
