SiFi Raises $20M in Series A Funding

Finance teams use SiFi to issue corporate cards, enforce spending policies and track expenses alongside vendor payments. The Series A will fund additional finance workflows and expansion in Saudi Arabia.

Round size
$20M
Stage
Series A
Headquarters
Saudi Arabia
Announced
Feb 9, 2026

Control over company spending

SiFi puts corporate cards, expenses and vendor payments in one platform. Finance teams can set spending policies and monitor transactions as they happen, instead of reconciling separate payment tools.

From cards to finance workflows

Ra'ed Ventures led the $20 million Series A. SiFi plans to broaden its market presence, develop AI features for finance teams and add workflows beyond its existing spend-management products.

Where the funding goes

  • Expand market presence
  • Develop AI capabilities for finance teams
  • Add finance-management workflows

Sources

  1. SiFi: funding announcement
  2. Wamda coverage of SiFi Series A
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