RasMal Raises $4.8 Million at LEAP 2025 to Expand Fintech Solutions

Saudi fintech company RasMal secured $4.8 million in its pre-Series A investment round, led by Syndicate Element Holding Group. The deal was signed at LEAP Riyadh 2025, an annual tech event that gathered over 200,000 attendees.

RasMal offers digital tools for cap table management, company valuation, and automated legal documentation. Its platform supports startups, investors, and private funds by enhancing efficiency in investment governance.

“This investment reflects our commitment to empowering startups and investors with innovative technological solutions that enhance the efficiency of cap table management and investment governance,” said Nasser Al-Tamimi, Co-Founder of RasMal. “Through our partnership with SHG, we will accelerate the adoption of automation in fundraising and equity transfers, adding significant value to the investment ecosystem in the region. We believe that fintech is the key to advancing the business and investment sector, and we will work with our strategic partners to drive a digital transformation that aligns with Saudi Vision 2030.”

The funding comes as Saudi Arabia pushes for a technology-driven financial ecosystem. RasMal is part of the Saudi Unicorns Program, a government-backed initiative supporting high-growth tech startups.

The company also operates Pentugram, a platform that facilitates deal flow management and investor relations for venture capital funds, angel investors, and accelerators. With this investment, RasMal plans to expand its automation capabilities, streamline fundraising, and equity transfers by utilising AI.