subsidiaries

During the preceding financial year, alrajhi bank made a landmark move by acquiring 65% stake in the Drahim application, a leading financial management and automated investment platform. The transaction was unprecedented in the region, with a Saudi bank securing majority stake in a local fintech start-up. The acquisition resulted in significant expansions and strategic developments for Drahim in 2025 as it focused on diversifying its portfolio, launching new core products, business lines, and the first-of-its-kind automated business platform for the corporate sector in Saudi Arabia.

A strong performance in a fluctuating environment

Drahim lays claim to one of the best categorisation and transaction enrichment engines in operation within the Saudi fintech market; the multi-layered engine has enabled the classification of financial transactions into predefined categories, with the data enrichment process enhancing transactional data into actionable insights, resulting in improved customer satisfaction. In 2025, the engine’s categorisation accuracy increased by 66%, processing more than 9.5 billion transactions, recording a significant increase of 380% YoY.

The Drahim app maintained its position as one of the Kingdom’s best personal finance management (PFM) and investment platforms in 2025 in a highly volatile market. Despite the market downturn, Drahim’s most popular Active Investment Portfolio with 100% exposure to the Saudi market demonstrated resilience, and outperformed the benchmark index during the reporting period. The fintech also took the opportunity to engage with app users to raise awareness on market volatility, improving financial literacy and fostering greater client confidence.

In 2025, Drahim also expanded its investment portfolio, shifting from traditional risk profiles to use-case profiles by introducing several innovative offerings, such as the Rent Portfolio and Dividend Portfolio. This user-centric diversification has successfully appealed to a broader audience by aligning investments with tangible financial goals. Drahim’s overall efforts saw its userbase double during the reporting period, with the app surpassing X 1.5 Bn. in investments through its robo-advisory at the close of 2025, a notable achievement.

Launching a list of market-firsts

In September 2025, the fintech launched Drahim Business, a new platform dedicated to providing financial and investment solutions for the corporate sector. The platform eliminates lengthy procedures and paperwork by leveraging innovative investment tools, thereby offering companies the ability to invest automatically in just three minutes.

Drahim Business offers companies a high-yield savings portfolio with a competitive daily return, coupled with an instant withdrawal feature, and also introduces an automated investor service that allows companies to build and customise portfolios across more than 30 local and global investment funds. Beyond investing options, the Drahim Business platform also offers advanced market research tools that can be utilised by decision makers to gain deeper insights, simplify investment decisions, and maximise the value of corporate funds. Companies can also link their bank accounts to the Drahim Business account, and monitor cash flows in real time.

Leveraging group synergies

Drahim also leveraged alrajhi group synergies in 2025 to announce several innovative products; key among them is the new Drahim Investment Card. A collaboration between alrajhi bank as card issuer and neoleap as processor, the card is designed to seamlessly integrate spending with automated, high-yield investments from Al Rajhi Capital, providing users with a daily return on their balance.

The brand association with alrajhi bank continued to assist Drahim in expanding its market presence during the year in review. The subsidiary successfully leveraged the bank’s credibility and financial stability to grow consumer trust, and mitigate risk concerns associated with fintech start-ups. While Drahim adheres to strict data security and privacy standards, operating under SAMA and CMA licenses, alrajhi’s acquisition ensured users of a secure and compliant operation backed by robust data governance practices of alrajhi bank. Drahim also gained access to alrajhi bank’s resources, in particular its existing customer base and marketing channels, leading to high-value cross-selling of the Drahim app, and lowering user acquisition costs.