Matcha is Saudi Arabia's first PropTech platform aimed at digitizing and simplifying the property journey. It offers verified listings, ESG-based comparisons, lease management, and after-sale services. Built in alignment with REGA and Vision 2030, it features smart APIs for Ejar integration and lease automation. Co-founded with Riwaq, which leads strategy and partnerships, Matcha is currently in its MVP stage and supported by regulatory incubators.

Matcha

Region: Saudi Arabia
Website: https://matcha.sa (coming soon)
LinkedIn: https://www.linkedin.com/company/matcha-proptech

IBEA is a receivables discounting platform helping SMEs improve cash flow by monetizing outstanding invoices. Integrated with SAB Bank, the platform streamlines finance operations for suppliers, offering dynamic discounting and compliance-ready documentation. Riwaq is an early-stage investor,

IBEA

Region: Saudi Arabia
Website: https://www.ibea.com
LinkedIn: https://www.linkedin.com/company/ibea/

Kokit

Kokit is a FoodTech platform enabling independent chefs to run digital kitchens and deliver meals locally. It connects users with vetted home chefs in cities like Turku, Helsinki, and Tampere. Riwaq invested during its early growth phase to support internationalization and gig-based creator economies

Region: Finland
Website: https://www.kokit.fi
LinkedIn: https://www.linkedin.com/company/kokit-app/

Feddi

Feddi is a stealth-mode loyalty aggregator that simplifies point earning and redemption across retail and hospitality brands. It integrates directly with users’ cards and automates loyalty tracking and benefits. Riwaq invested during its MVP phase following initial pilot demonstrations in the GCC.

Region: Global
Website: https://www.feddy.com (placeholder)
LinkedIn: https://www.linkedin.com/company/stealth-startup-careers/