1957 Ventures

1957 Ventures is a fintech-focused venture builder launched in May 2024 by Riyad Capital, the investment arm of Riyad Bank, with a closed-end fund exceeding SAR 800 million (reported as up to SAR 1 billion) to build, invest in and partner with fintech ventures in Saudi Arabia. As of a February 2025 partnership announcement with the National Technology Development Program (NTDP), the firm was led by CEO Emad Kashgari. Public sources did not surface a named list of portfolio/venture-built companies.

Founded

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GCC relevance

Core GCC

How to reach out

Apply for Funding on official website

Recent activity: Signed a strategic partnership with Saudi Arabia's National Technology Development Program (NTDP) to support startups and the fintech innovation ecosystem, reported February 12, 2025. · source