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Rasan is offering 5.3 million new shares and 17.4 million existing shares to investors – equivalent to 30 per cent of the company’s paid-up capital.

Saudi fintech Rasan Information Technology Co. advanced in its Riyadh debut after raising SR841 million or $224 million, amid a listing spree which has seen several companies start trading in the ...

RIYADH, Saudi Arabia: Rasan Information Technology Company (“Rasan” or the “Company” or the “Issuer”) and together with its subsidiaries (the “Group”), the leading FinTech and InsurTech services ...

Rasan plans to sell 5.3 million new shares, while existing shareholders will offer 17.4 million shares. This IPO could value the company, which operates the insurance platform Tameeni , at up to ...

Rasan, an insure-tech company, is preparing for an initial public offering (IPO) in the Saudi market during the current year, Bloomberg reported, citing sources.. The company is working on the ...

Logo of Impact46 Impact46, a leading fund manager in Saudi Arabia, licensed by the Capital Market Authority (CMA), focusing on investing in high growth technology companies, today announced its ...

Rasan Information Technology Co and its shareholders are looking to raise as much as 841mn riyals ($224mn) in one of the first initial public offerings by a fintech firm in Saudi Arabia.