lite, a Saudi fintech startup, has secured $3.2 million in Pre-Seed funding led by Scene Holding, with the participation of angel investors.

More to Know:

• Fahad Anteet, Mohammed Fahim, and Sulaiman Al Dakheel founded lite in 2025.
• The startup aims to provide comprehensive payment solutions for businesses.
• Currently, lite is in the process of obtaining an Electronic Money Institution (EMI) license from the Saudi Central Bank (SAMA), which will enable the company to fully operate.