The

DNA

Fahad Al Fawaz focuses on unique Investments with operational support model, based on his Entrepreneurial experience, deep Business Intelligence, and co-investment with operating partners. He invest patient capital and contemplate long-term success, but work on a day-to-day basis with management teams, devoting time and means to provide the highest level of expertise for each invested company, leveraging on his specific sectorial focus.

He is demanding partners in favorable contexts and benevolent in tough ones. The majority of his annual investment capacity is dedicated to his portfolio companies, in order to accelerate their organic or external growth.

His mission is to facilitate access to life-styling technologies & services to the many, through Innovative Solutions.

in

Saudi

A Prominent and highly respected Businessman in Saudi Arabia region. A Successful Entrepreneur, dedicated forward-thinking Investor and Innovator with significant experience in Technology and Finance Sectors, leading both Entrepreneurial Startups and Established Companies

He constantly aims at making Saudi Arabia's economy flourish and to offer the world's best to his fellow Countrymen. His experience, dynamism, professionalism and financial capacity have made Fahad Al Fawaz one of the young leaders of a generation at the beginning of an extraordinary transformation of Saudi Arabia via the Quality of Life 2030 Project.

Saudi
The

Values

Share

Because success never comes from a single man, he has deployed a dedicated organization to stimulate the sharing inside portfolio companies and between them.

Dare

Audacity is at the heart of his future and in his DNA. A deeply convinced of the importance of initiatives and innovation at all maturity stages.

Care

He believe that both customers and collaborators' development are the most powerful driver for success, and place it at the heart of his support to portfolio companies.

The

Project

1
Mithqal

Leading Investment Company, to provide a broad array of Investments, Focusing primarily on Payments Industry, Financial Technology Industry, Business Solutions, and Technology & next generation Innovations.

2
RiDE

Ride Hailing Solution introduced keeping in mind the problems faced by captains to get their earnings instantly, simultaneously creating extensive jobs opportunity and support the Professionals, Retired, unemployed men and women earning an attractive income to support families and economy

3
KARDi Inc.

KARDi is an AI-enhanced service aggregation platform designed to simplify your daily life. Our innovative solution offers three intelligent AI bots you can interact with anytime to access sports updates, book flights and hotels, send shipments globally, and much more.

4
Rabet

Rabet is the First Open Banking PISP and AISP platform permitted by the Saudi Central Bank to test its innovative products under the Regulatory Sandbox. It offers a universal connection for individuals and businesses to seamlessly connect their Bank accounts and drive business value effortlessly to the next level with the power of open APIs. With Rabet, a new door opens to a seamless exchange of data and services improving customer experience and expedites product innovation. Rabet is an ecosystem of powerful financial services all in one platform. External partners can connect to the marketplace via open API.

5
Loop (Exited)

loop specialized in digital payments technology and services to provide seamless and frictionless financial experience for individuals and businesses in the Kingdom of Saudi Arabia. loop is unique platform, a major e-money institution (EMI) licensed by Saudi central bank (SAMA), and a ride hailing service provider licensed by the general transportation authority. loop merged the two licenses and innovated a new way of digital offering that impact people’s live positively. It makes users be in control and boost their personal and business finances with safe and secure cashless payments of the highest caliber.

6
Momkn (Exited)

Momkn was the first platform licensed as an MSP in Saudi to provide Tap on Phone solutions, it enables merchants to create, share and track your product invoices, and receive payments simply via your smartphone. Momkn is a payment solution provides in a digital validation by Absher, Ministry of Commerce and Ministry of Human Resource to register freelancers on the platform. Momkn provides users with the most efficient, convenient and secured way to accept payments in less than a minute, from the time of online check out. Users can choose this solution to avoid any payment-related problems, like delays that cause inconvenience, especially for small businesses.

7
Watheeq (Exited)

Watheeq platform is a Real Estate Fintech platform bringing the digital revolution to the real estate industry with its fully cashless end-to-end digital marketplace. It’s licensed by REGA as a real estate market place, and licensed by Minister of justice to transact real estate ownerships digitally and seamlessly. Watheeq solution aims to remove all the friction from any real estate transaction process by fusing full automation, deep integration and secure digital payments with property transactions. With Watheeq, real estate transactions no longer needs to be a long, costly and tedious process. You can now become a property owner within minutes.

EDUCATION

Bachelor's Degree in Military Science from King Khaled Military Academy in KSA.

Bachelor's Degree in Business Management from Arab Open University in KSA

Master's Degree in Human Resources from Brunel University in the United Kingdom.

Master's Degree in International Strategy and Diplomacy from The London School of Economics and Political Science in the United Kingdom

Over 23 Specialized Business, Leadership and Innovations Executive Courses from City University of London, Harvard Business School and MIT.

EXPERIENCE

2003 - 2011

Military Officer Ranks Captain - Worked in Operations, Administration and Analysis

2013 - 2016

CEO of ASAL - Telecommunication and Technology Sector

2016 - 2018

CEO of Miras Holding - Investment Sector

2018 - 2021

CEO of BayanPay - Fintech Sector

2021 -2024

CEO of Mithqal Holding and Green Rock Investment - Fintech Investments & Assets Management