Hakbah is a Saudi fintech startup based in Riyadh, founded in 2018. The company focuses on alternative saving methods and savings groups, aiming to enhance financial habits and promote financial inclusion. Hakbah is part of the DIFC Fintech Hive and graduated from the DIFC Fintech Accelerator Programme in 2019. It operates under the regulatory sandbox of the Saudi Central Bank, allowing it to innovate within the financial sector. The company offers a digital platform for managing savings groups, known as Jamiya. Users can create, manage, and join these groups with features that include secure member verification, payment management, and notifications. Hakbah has gained significant traction, with over 700,000 customers, primarily aged 21 to 35. The company has also formed strategic partnerships, such as with Flynas, and has experienced rapid growth, raising $5.1 million in a Series A funding round as of December 2023.