Saudi Arabian RegTech firm STAMP, which develops technology to streamline regulatory licensing and corporate governance workflows, has secured $2m in a pre-seed funding round.
The raise marks an early milestone for the company as it looks to strengthen its role in the Kingdom’s fast-growing compliance market, claims Wamda.
The company confirmed that the pre-seed round totalled $2m, although the announcement did not specify the names of the investors that backed the raise. A note has been made due to the absence of this information.
STAMP was founded in 2021 by Muyasser Albar and Mohammed Zarei, who set out to simplify regulatory processes for organisations operating in Saudi Arabia. The platform focuses on regulatory licensing, registration, incorporation and a wide range of post-incorporation corporate services. Its tools support applications for licences relating to Dealing, Managing, Advising and Arranging, as well as corporate filings and engagements with government authorities.
The company said the new capital will be used to accelerate development of its artificial intelligence-powered platform. STAMP aims to enhance its AI models and expand its end-to-end compliance ecosystem, enabling organisations to strengthen governance, improve compliance readiness and manage obligations in a more structured way.
STAMP is currently developing a unified platform intended to bring together government processes, registration steps, HR workflows and compliance tasks in a single intelligent dashboard. The company claims this approach improves visibility, boosts operational efficiency and offers firms a clearer, more transparent method of overseeing legal and regulatory requirements.
The announcement highlights a growing demand for RegTech solutions in Saudi Arabia as businesses face more complex corporate frameworks. STAMP said its aim is to set a new benchmark for seamless regulatory and governance management across the Kingdom.
No quotes or details on previous funding rounds were included in the original announcement. A note has been made due to the absence of this information.
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