News 
Cashin, a technology platform specializing in digital financial and operational solutions for the fuel and energy sector, has announced the closing of a SAR 60 million Series A funding round led by Impact46. The round reflects growing confidence in the platform’s role in advancing the digital infrastructure of fuel and energy stations across the Kingdom.
Cashin was founded by Omar Al-Ramahi, Abdulkarim Zuraig, and Ubay Al-Madi to enable fuel station operators to manage financial and operational activities through a unified digital system. The platform is supported by an AI-powered core designed to analyze data in real time and translate it into more efficient and accurate operational decisions.
The system connects financial flows with operational processes across station facilities, including fuel services, pumps, tanks, payments, and auxiliary service centers. It provides centralized visibility that supports improved performance, stronger operational governance, and supply continuity across branch networks.
Cashin serves leading brands in the sector, including Saudi Aramco, Total, and Gulf, alongside strategic partners such as STC, Al Rajhi Bank, Saudi National Bank (SNB), and SAB, reflecting strong market adoption and institutional trust.
The funding will support the expansion of fuel station branch networks across the Kingdom, further development of AI and advanced analytics capabilities, and deeper integration across the broader sector ecosystem, including regulators, operators, vehicle owners, suppliers, and financial institutions.
Over the past period, Cashin has expanded across a growing nationwide network of fuel stations, processing transactions exceeding SAR 20 billion. The company has built a unified technology infrastructure to manage financial and operational activities from a centralized platform while developing advanced analytics capabilities that enable more proactive decision-making. Today, Cashin holds a significant market share, positioning it as the largest player in its category within Saudi Arabia’s fuel and energy station sector.
Basmah Alsinaidi, Vice Chairman and Managing Partner at Impact46, commented:
“Cashin represents a strong example of a Saudi company building technology solutions rooted in real operational needs. Our decision to invest reflects our confidence in the team’s execution, clarity of vision, and the progress achieved in developing products that support the modernization of a vital sector in the local economy. We look forward to continuing our partnership in the company’s next phase of growth.”
Omar Al-Ramahi, CEO of Cashin, added:
“We founded Cashin to address challenges we experienced directly in the market. This round allows us to deepen our product investments, expand our operations, and continue enabling fuel and energy station operators through technology designed specifically for their operational realities.”
The round will support Cashin’s next phase of growth, reinforcing its commitment to building a trusted digital platform that strengthens operational efficiency and sustainable growth within Saudi Arabia’s fuel and energy sector.
