Oumla

What Oumla does

Oumla is a Riyadh-based blockchain infrastructure company founded in 2022 that builds enterprise-grade digital asset custody and settlement infrastructure for Saudi Arabian financial institutions, regulated enterprises, and government entities. Its platform is delivered as four modular products: a foundational Digital Assets Infrastructure layer providing wallet creation, MPC-based key management, policy engines, and transaction lifecycle management; Oumla Financial Chain, a private permissioned blockchain supporting Shariah-compliant interbank settlement with Edaa (Securities Depository Center) and Muqassa (Tadawul Group) regulatory integration; Capital Markets Tokenization for fund units, sukuk, and securities; and Bahith, a multi-network blockchain explorer and compliance analytics platform branded as Saudi Arabia's first.

The company's technology is anchored by a proprietary three-way cryptographic key-splitting model in which the client, Oumla, and a third party each hold a share, and by deep integration into Saudi regulatory infrastructure. Its first commercial proof point was the execution of the first blockchain-based Islamic repurchase agreement (repo) by Saudi Awwal Bank in August 2025, with five Saudi banks settling more than SAR 110 million across nine repo trades. Oumla monetizes via subscription-based API/SDK platform access for institutional developers and via transaction-based fees on settlement infrastructure; pricing is quote-based and not publicly disclosed. The company holds SOC 2 Type II, ISO 27001, and CST Saudi Technology Company certifications, and distributes through enterprise field sales targeting Saudi treasury, capital markets, and digital transformation teams, supplemented by self-serve developer onboarding via a sandbox dashboard and TypeScript SDK.

Name

Oumla

Legal name

Oumla

Website

https://www.oumla.com

Company type

Private

Founded year

2022

Operating status

Operating

Headcount range

11–50 employees

Short description

Oumla is a Riyadh-based blockchain infrastructure company providing enterprise-grade digital asset custody, Shariah-compliant interbank settlement, tokenization, and compliance analytics for Saudi banks, capital markets, and regulated enterprises.

Ownership category

akta.pro rank

Product category

Blockchain Infrastructure / Digital Asset Custody

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (5182)

SIC

Finance Services (6199), Security & Commodity Brokers, Dealers, Exchanges & Services (6200)

akta.pro primary industry

Wallet Infrastructure (SDKs, Wallet-as-a-Service) (FSADACAD)

akta.pro secondary industries

Tokenization Platforms (RWA, Securities, Funds) (FSAGAMAA), Permissioned Blockchain Platforms & Frameworks (Hyperledger, Corda, Quorum) (FSAPAIAA), Compliance, Risk & RegTech for Tokenized Assets (KYC/AML, sanctions, travel rule, reporting) (FSAPAIAH), Blockchain Data & Indexing Infrastructure for Finance (Nodes, Indexers, Oracles) (FSAGAMAL)

Keywords

• Blockchain infrastructure
• Digital asset custody
• Shariah-compliant settlement
• Interbank repo blockchain
• Capital markets tokenization

Headquarters

HQ city

Riyadh

HQ country

Saudi Arabia

HQ region

Middle East

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Infrastructure, Marketing or Sales, Operations

Revenue model

1. API/SDK Platform Access: Revenue from providing API access to blockchain infrastructure services including wallet management, tokenization, smart contract deployment, and transaction processing for institutional clients.
2. Oumla Financial Chain Settlement Infrastructure: Transaction infrastructure fees for interbank settlement services on private blockchain, supporting Shariah-compliant repo structures for Saudi banking institutions.

Go-to-market motion2 records

Distribution channels2 records

Marketing channels5 records

Core offering

Oumla builds and operates an enterprise-grade blockchain infrastructure platform for institutions in Saudi Arabia. Its core offering combines a private permissioned blockchain (Oumla Financial Chain) for Shariah-compliant interbank settlement, custody and wallet infrastructure (Digital Assets Infrastructure), capital markets tokenization, and a multi-network blockchain explorer (Bahith). The platform is delivered via REST APIs and a TypeScript SDK and is used by Saudi banks for Islamic repo settlement, sukuk and fund tokenization, and compliance oversight.

Product overview

Oumla offers a modular platform architecture for enterprise-grade digital asset infrastructure in Saudi Arabia. The platform consists of four core products: Digital Assets Infrastructure as the foundational layer providing custody, wallet management, and transaction services; Oumla Financial Chain for Shariah-compliant interbank settlement and Islamic repo settlement; Capital Markets Tokenization for tokenized fund units, sukuk, and securities; and Bahith for blockchain monitoring and compliance analytics. All products are built locally in Saudi Arabia with SOC 2 Type II and ISO 27001 certifications.

Differentiator

Problem solved

Functional benefit

Brands

• Oumla Financial Chain: Interbank settlement infrastructure for Shariah-compliant treasury products. The infrastructure behind the world's first Islamic repo on blockchain, enabling same-day settlement with Shariah compliance enforced at the smart contract level.
• Bahith
• Capital Markets Tokenization
• Digital Assets Infrastructure

Products and services

• Oumla Financial Chain Blockchain-based interbank settlement infrastructure for Shariah-compliant treasury products. Enables treasury, liquidity management, and capital markets teams at Saudi banks to execute Islamic repo transactions with smart contract-enforced Shariah compliance, same-day settlement, and integration with Edaa (Securities Depository Center) and Muqassa.
• Capital Markets Tokenization

Quantifiable outcome

• SAR 110M+ settled in 9 Islamic repo trades with same-day settlement
• +2 more outcomes

Named customers6 records

Segments5 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Six partnerships are on record, tiered core.

• Bloomal CapitalcoreStrategic or Co-development Partner · 7 April 2026Strategic partnership bringing together Bloomal Capital's presence and expertise with Oumla's technical capabilities in private blockchain infrastructure including wallet and key management, asset tokenization, and digital asset lifecycle management. Reflects shared belief in building locally with infrastructure meeting Saudi governance and compliance standards.
• Aashar InvestmentcoreStrategic or Co-development Partner · 10 February 2026Memorandum of Understanding to develop tokenization solutions built on locally hosted Saudi digital asset infrastructure. Combines Aashar Investment's market expertise with Oumla's technical infrastructure to create compliant tokenization solutions for the Saudi market, bridging traditional finance with blockchain technology.
• JozocoreStrategic or Co-development Partner · 28 October 2025Strategic agreement to develop compliant real estate tokenization and fractional ownership solutions in Saudi Arabia. Leverages Jozo's real estate expertise with Oumla's blockchain infrastructure to create a platform for tokenizing real estate assets in compliance with Saudi regulations.
• Saudi Central BankcoreStrategic or Co-development Partner · 1 August 2025Regulatory coordination partner for Oumla Financial Chain blockchain-based Islamic repo transactions. SAB is advancing toward structured pilot phase with closer coordination with Saudi Central Bank on regulatory frameworks for tokenized Islamic finance.
• EdaacoreTechnology or IntegrationRegulatory infrastructure integration for Oumla Financial Chain. Edaa (Securities Depository Center Company) integrated with blockchain settlement infrastructure enabling institutional financial workflows.
• MuqassacoreTechnology or IntegrationRegulatory infrastructure integration for Oumla Financial Chain. Muqassa (Saudi Tadawul Group subsidiary) integrated with blockchain settlement infrastructure for capital markets operations.

Scale indicators4 records

Recent moves7 records

Expansion highlights7 records

Direct peers

• Fireblocks: Enterprise digital asset custody, wallet, and transaction infrastructure provider. Oumla explicitly positions its Digital Assets Infrastructure product as 'what Fireblocks provides, built and hosted inside Saudi Arabia,' making it the closest direct competitor.
• Dfns: Wallet-as-a-service and custody infrastructure provider for institutional digital assets. Oumla's own marketing material directly compares its offering to Dfns, marking it as a core head-to-head competitor for institutional custody.
• Tokeny: Tokenization infrastructure for funds and securities with built-in compliance controls. Comparable to Oumla's Capital Markets Tokenization on tokenized issuance, controlled transfers, and automated distributions.
• Anchorage Digital: Federally chartered digital asset bank providing institutional custody and blockchain infrastructure. Comparable on enterprise-grade custody, MPC-based key management, and regulated-asset support that banks require.
• BitGo: Institutional digital asset custody, wallet, and trading infrastructure with deep bank-side adoption. Overlaps with Oumla on custody, multi-chain wallet management, and policy-engine-driven transaction lifecycle for financial institutions.
• Chainalysis: Blockchain analytics, transaction monitoring, and compliance platform. Closest analog to Oumla's Bahith blockchain explorer for compliance officers and institutional oversight teams.
• Securitize: Tokenization platform for regulated securities, funds, and real-world assets. Directly comparable to Oumla's Capital Markets Tokenization product covering sukuk, fund units, and securities issuance with built-in transfer restrictions.

Emerging players

• Blockdaemon: Blockchain infrastructure provider offering node management, staking, and custody-adjacent services for institutions. Comparable on the underlying infrastructure layer that supports institutional digital asset operations.

Broad incumbents

• Hedera: Enterprise-grade public distributed ledger with permissioned network capabilities and tokenization services. Comparable as a broader permissioned/enterprise DLT alternative targeting regulated institutional use cases.
• R3 (Corda): Enterprise permissioned blockchain platform widely used by global banks for interbank settlement and capital markets workflows. Comparable architectural approach to Oumla Financial Chain's private permissioned settlement infrastructure.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/Oumlacom
• GitHubgithub.com/Oumla
• LinkedInlinkedin.com/company/oumlacom

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds3 records

Investors7 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Oumla