Saudi fintech app licensed by SAMA and CMA that connects to bank accounts for automated spending tracking and AI-managed investment portfolios.
Drahim is a Saudi fintech app that links to users' bank accounts across multiple banks for automatic transaction categorization and periodic spending reports. The app offers managed investment portfolios with varying risk levels, automated investing in diversified mutual funds (via UBL Fund Managers and MCB-Arif Habib), automatic zakat calculation on investments, and on-demand withdrawals. The basic app is free; Drahim Plus (from SAR 21/month) adds unlimited report history, external investment tracking, and zero administrative fees up to SAR 90,000. Investment management costs 0.25% annually. Drahim is a product of Drahim 💰.
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