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BwaTech
Fintech · Saudi Arabia · Founded 2020
Unified corporate banking and cash management platform MoreLess
Bwa for Information Technology (BwaTech) is a Saudi Arabian fintech company founded in 2020 by Hashem Al Hekail and Rasha Al-Oraini. The company operates out of Riyadh and is permitted by the Saudi Central Bank (SAMA) to test its services within the Regulatory Sandbox environment, a framework that allows fintech firms to pilot new solutions under regulatory supervision. In September 2025, BwaTech secured a significant milestone with a $16 million funding round led by Sharaka Financial, aimed at accelerating its growth and expanding its market presence within the Kingdom.
BwaTech provides a centralized platform designed for corporates, SMEs, and financial institutions to manage a broad range of banking operations across multiple banks from a single interface. This solution addresses the complexity and inefficiency businesses face when dealing with several banking partners. The core of its business model is to streamline corporate financial processes, enhance operational efficiency, and reduce administrative tasks. The platform is accessible via a web portal and a mobile application named 'bwa Business'. It also offers robust API integrations that allow for direct connectivity with corporate internal systems, enabling automated workflows and real-time financial insights.
The company's key services include digital bank guarantees, multi-bank account and cash management, and open banking solutions. The platform gives businesses a consolidated view of their cash holdings and transactions, facilitating quicker, data-driven decisions. BwaTech is also expanding its offerings with new products like 'Bwa Invest', a marketplace for mutual funds, and a service to simplify point-of-sale (POS) reconciliation processes for merchants. By focusing on the B2B digital finance infrastructure, BwaTech aligns with Saudi Arabia's Vision 2030 goals for digital transformation and financial sector development.
Keywords: corporate banking, cash management, open banking, fintech, multi-bank platform, digital bank guarantees, financial management, API integration, treasury management, Saudi Arabia, SAMA sandbox, financial technology, B2B finance, POS reconciliation, investment platform, corporate finance solutions, account aggregation, financial operations, business banking, digital transformation, Sharaka Financial
Company overview
BwaTech company information
The essential company record, classifications and operating signals in one place.
- Status
- Operational
- Founded
- 2020
- Headquarters
- Saudi Arabia
- Employees
- 37
- Open positions
- 1
- Dealroom signal
- 82.0
Valuation & funding
BwaTech funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| EARLY VC✓Equity / VC | Sep 2025 | $16M | $64M | Sharaka Financial | ↗ |
| SUPPORT PROGRAM✓Other financing | Jan 2020 | $0 | — | National Technology Development Program | — |
Financials
Workforce over time
Available workforce history. Financial fields without reported data are omitted.
| Year | Employees |
|---|---|
| 2026 | 37 |
| 2025 | 29 |
Growth signals
BwaTech website traffic
Latest recorded traffic for BwaTech is 5.8K monthly website visits, up 427.3% over the last three months. BwaTech's team grew 27.6% over the past year.
Hiring
Open positions at BwaTech
Current openings linked to this company in Dealroom.
Comparisons
BwaTech compared with similar companies
Dealroom’s weighted taxonomy model identifies the closest operating peers. Company identity and context stay open; selected comparison metrics preview what is available in the platform.
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 DittoComprehensive document and data management solutions provider offering services to enhance business efficiency and productivity |
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 ChamakDigital platform offering automated trade payments, guarantees, and financing for suppliers, exporters, and importers |
dhaka, Bangladesh | Operational | |||
 XpendlessBusiness expense management platform with prepaid cards |
Doha, Qatar | Operational |
Talent graph
BwaTech's talent
Source: Dealroom Talent Intelligence.
Investors
2 investors on BwaTech's cap table
Sourced from Dealroom's funding and investor records.
Global footprint
Where BwaTech has talent and traffic
team presence
In the news
Latest news about BwaTech
Recent press, funding announcements, and product moves mentioning BwaTech — open to read from the original sources.
Market sentiment
What the market is saying about BwaTech
An AI-synthesized read of the highest-engagement posts about BwaTech on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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