Riyadh Valley Company, the investment arm of King Saud University, has announced a significant investment in FinTech Collective Fund IV (FTC Fund IV), a venture capital fund managed by U.S.-based FinTech Collective, a firm widely regarded as one of the world’s most active and specialized early-stage investors in the fintech sector.
This investment marks a strategic step for Riyadh Valley Company, reflecting its long-term vision to strengthen the knowledge economy in Saudi Arabia while positioning the Kingdom as a leading hub for financial technology and innovation.
FinTech Collective is globally recognized for its focus on the convergence of generative AI and financial services, managing assets worth over $770 million. With a track record of building high-value portfolios, the firm has backed innovative fintech startups across diverse global markets, including the United States, Saudi Arabia, the United Arab Emirates, Sweden, the United Kingdom, Brazil, Canada, and Denmark. This global footprint underscores its role as a catalyst for transforming financial services worldwide.
Commenting on the investment, Dr. Khaled Al-Saleh, CEO of Riyadh Valley Company, said:
“Investing in FinTech Collective Fund IV aligns with Riyadh Valley Company’s strategic focus and contributes to the development of the local knowledge economy through a partnership with a globally specialized fintech investor. The global fintech sector was valued at approximately $245 billion in 2021 and is expected to grow significantly, with revenues projected to surpass $1.5 trillion by 2030.”
According to industry reports, the fintech sector continues to be one of the fastest-growing segments globally, driven by increasing digital adoption, the rise of AI-driven financial solutions, and strong demand for accessible, technology-enabled services. By investing in FTC Fund IV, Riyadh Valley Company is tapping into these transformative trends, ensuring exposure to high-potential opportunities that not only deliver strong returns but also transfer expertise and innovation to the local market.
The investment also reflects Riyadh Valley Company’s broader mandate of building a balanced and resilient investment portfolio that directly supports the mission of King Saud University—to advance education, research, and innovation. Beyond financial returns, the partnership is expected to create opportunities for knowledge transfer, research collaboration, and startup incubation in Saudi Arabia.
Furthermore, this strategic move aligns with the objectives of Saudi Arabia’s Vision 2030, which highlights fintech as a key enabler of economic diversification and digital transformation. By strengthening its ties with world-class investors, Riyadh Valley Company is not only reinforcing the Kingdom’s global positioning in the fintech industry but also helping to accelerate the transition toward a sustainable and innovation-driven economy.
Through this initiative, Riyadh Valley Company reaffirms its commitment to being a driving force in the knowledge economy, while playing a pivotal role in shaping the future of financial technology both locally and internationally.