Report updated May 12, 2026
Raqamyah | رقمية
For saudi small and medium-sized enterprises seeking capital and individual investors looking for Sharia-compliant, short-term debt investment opportunities.
Raqamyah | رقمية is an established finance app that is completely free. With a 2.0/5 rating from 10 reviews, it shows polarized user reception.
What is Raqamyah | رقمية?
Raqamyah is a debt-crowdfunding platform for Saudi SMEs and individual investors, structured as a digital-only mobile application.
Investors hire the platform to access Sharia-compliant, short-term debt returns that traditional banking products do not offer, while SMEs use it to bypass conventional credit hurdles.
Current Momentum
v2.0 · 1mo ago
Maintenance- Maintains core debt-crowdfunding marketplace functionality.
- Ships periodic stability updates for iOS.
Active Nemesis
Kalshi: Trade News & Sports
By KalshiEX
Other Rivals
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What makes this app unique?
How Is The App's Momentum Right Now?
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What Are The Key Features?
Connects small and medium-sized enterprises with individual investors for debt financing
All financing solutions are vetted by a Sharia committee to ensure compliance with Islamic financial principles
End-to-end digital process for loan applications and investment management without physical paperwork or branch visits
How much does it cost?
- Free to download and use for both investors and borrowers
The platform operates on a free-to-access model, generating revenue through transaction fees on debt financing rather than subscription or upfront user costs.
Who Built It?
Enrichment in progress
Publisher profile available very soon
What other apps does Raqamyah Debt Crowdfunding make?
What do users think recently?
Analysis in progress, available soon
What is the competitive landscape for Raqamyah | رقمية?
How's The Finance Market?
Market outlook for this category
Available very soon
The rivals identified
The Nemesis
Head to Head
Raqamyah must double down on its local regulatory moat and Sharia-compliant positioning while modernizing its mobile interface to match the speed of global fintech competitors.
What sets Raqamyah | رقمية apart
Deep local regulatory alignment with the Saudi Central Bank provides unique trust in the KSA market
Focus on Sharia-compliant murabaha returns offers a specific value proposition that Kalshi lacks
What's Kalshi: Trade News & Sports's Edge
Superior UI/UX design facilitates rapid, high-frequency trading compared to the static nature of debt investing
Broad event-based market coverage attracts a wider demographic of retail speculators beyond just debt investors
Contenders
Leverages probability-based pricing models that provide real-time sentiment analysis on global geopolitical and financial events
Offers a global, borderless trading environment that contrasts with Raqamyah's localized Saudi-centric regulatory framework
Utilizes a central limit order book model that provides a familiar experience for traditional stock traders
Allows users to trade positions live, offering significantly higher liquidity than fixed-term debt crowdfunding products
Peers
Percentrade
★1.0 (1)Mehmet Bayram
Percentrade targets the same retail investor demographic by offering risk management tools for leveraged trading.
Offers specialized margin call and risk calculators that are essential for active, high-leverage retail traders
Supports multi-asset calculations, providing a broader utility scope than Raqamyah's debt-specific investment focus
Expert Talks
★5.0 (1)TECFINANCE INFORMATICA E PROJETOS DE SISTEMAS LTDA
This platform competes for the investor's time by providing educational content and networking opportunities similar to financial advisory services.
Focuses on high-value content delivery and expert-led networking to build community trust among professional investors
Provides exclusive access to financial events that serve as a lead-generation funnel for investment products
Spread Percentage Calculator
★5.0 (1)Mehmet Bayram
This utility serves the same financial audience by providing the technical calculations required for informed investment decisions.
Provides specialized, single-purpose financial calculators that simplify complex spread analysis for retail traders
Includes a live TradingView ticker tape integration for real-time market monitoring within a lightweight utility
万得基金
★4.8 (16)Shanghai Wind Investment Management Co.,Ltd
This app provides comprehensive wealth management and fund tracking, overlapping with Raqamyah's goal of managing investor portfolios.
Integrates advanced AI-driven portfolio management tools that provide automated asset allocation advice to retail users
Features a comprehensive account management system that consolidates diverse financial assets into a single dashboard
New Kids on the Block
Automates the discovery of credit card perks to maximize consumer financial efficiency through algorithmic recommendations
Currency Rates Converter Live
★5.0 (2)Robust Research And Development Ltd.
This app addresses the fundamental financial needs of international investors who require real-time currency data.
Provides offline currency conversion capabilities, ensuring utility for investors traveling or operating in low-connectivity environments
The outtake for Raqamyah | رقمية
Strengths to defend, gaps to attack
Core Strengths
- Saudi Central Bank license provides a regulatory barrier to entry
- Sharia-compliant murabaha returns offer a specific value proposition for local investors
Critical Frictions
- 2.0-star rating on iOS indicates significant UX friction
- Lack of Android user feedback suggests low platform parity
Growth Levers
- Integration of real-time portfolio tracking tools could increase user retention
- Expansion of educational content could build community trust
Market Threats
- High-frequency trading platforms like Kalshi siphon speculative retail capital
- Lack of mobile interface updates risks user churn to modern fintech alternatives
What are the next best moves?
Audit iOS UX flow because the 2.0-star rating indicates high friction → improve retention
The 2.0-star rating on iOS is the primary indicator of user dissatisfaction.
Trade-off: Pause the planned feature expansion to focus on core interface stability.
Ship real-time portfolio tracking because competitors like Wind Investment offer automated asset allocation → increase engagement
Competitors in the same space provide advanced tracking tools that Raqamyah currently lacks.
Trade-off: Deprioritize the manual reporting dashboard update.
A counter-intuitive read
The platform's regulatory moat is its primary vulnerability, as it creates a false sense of security that allows competitors to outpace it on engagement-driven mobile features.
Feature Gaps vs Competitors
- Real-time portfolio tracking (available in 万得基金 but absent here)
- API access for algorithmic traders (available in Kalshi but absent here)
Key Takeaways
Raqamyah holds a strong regulatory position in the Saudi market, but its static mobile experience limits its ability to compete for high-frequency retail capital, so the PM must prioritize a UX refresh to prevent churn to more agile fintech rivals.
Where Is It Heading?
Mixed Signals
The Saudi fintech market is consolidating around platforms that offer both regulatory compliance and high-frequency engagement. Raqamyah remains advantaged by its central bank license, but its current maintenance-mode update cadence leaves it exposed to rivals that prioritize mobile-first UX.
The 2.0-star rating on iOS indicates significant user friction, which limits organic growth and threatens the platform's ability to scale in the competitive Saudi fintech market.
Recent updates focus on stability rather than feature expansion, suggesting the development team is currently prioritizing maintenance over growth-oriented product development.