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Sary

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uuid0000gp8

Namestring
Sary
Legal namestring
Sary
Websiteurl
sary.com
Company typeenum
Private
Founded yearint
2016
Descriptiontext

Sary is a Saudi Arabia-based B2B e-commerce marketplace founded in 2016 that connects micro, small, and medium enterprise retailers with wholesale suppliers. The platform serves two primary customer segments — supermarkets and grocery stores, and HORECA businesses (hotels, restaurants, and cafes) — offering access to more than 30,000 products from 2,000+ brands across 50+ categories with next-day delivery and a same-day option for urgent orders. As of available reporting, Sary serves 60,000+ retail customers and processes 4,000+ daily orders, with 5,000+ HORECA accounts and 5,000 POS users. The company's product portfolio consists of three integrated offerings: the core Sary B2B marketplace accessible via iOS/Android apps and a web portal; Mowaridi, a supplier-facing portal for wholesalers to onboard, list products, and manage orders; and the Sary POS system, an inventory management and point-of-sale module that automatically reorders from Sary suppliers when stock is low and syncs deliveries on arrival.

Sary monetizes primarily through marketplace commissions on transactions between wholesale brands and MSME buyers, supplemented by embedded finance revenue from a buy-now-pay-later product that provides up to 30-day payment terms post-delivery (with 100 million SAR facilitated to date). The platform uses a freemium model with free registration, free delivery above 200 SAR, and pay-as-you-go billing. Distribution is product-led and self-serve through app stores and the web, with marketing concentrated on social media (Instagram, Facebook, YouTube, X), content marketing via the Sary blog, and referral-driven word-of-mouth from existing customers. The company has raised $112 million in total venture funding through a Series C led by Sanabil Investments in December 2021, and in April 2025 merged with Bangladesh-based ShopUp to form SILQ Group, backed by an additional $110 million investment, creating a combined platform serving 600,000+ retailers and $5 billion in transactions across Gulf and South Asia.

Short descriptiontext

Sary is a Saudi Arabia-based B2B marketplace connecting 60,000+ MSME retailers, supermarkets, and HORECA businesses with 2,000+ wholesale brands across 30,000+ products. The platform combines next-day delivery, integrated POS with auto-replenishment, and embedded BNPL financing, and now operates within SILQ Group.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
251–500
akta.pro rankint
HeadquartersAr Riyadh, Saudi Arabia
HQ citystring
Ar Riyadh
HQ countrystring
Saudi Arabia
HQ regionstring
Middle East
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
B2B wholesale marketplace, MSME procurement platform, HORECA supply solutions, embedded B2B finance, integrated POS inventory
Industry3 codes
1B2B Marketplaces & Wholesale Platforms
CodeBPAMAGADPrimaryYes
2Wholesale Dropship & Bulk Import/Export Sourcing Marketplaces
CodeCRAFAHAOPrimaryNo
3International / Cross-Border BNPL & Multi-Currency POS Financing
CodeFSAGAIANPrimaryNo
NAICS code3 codes
  • General Merchandise Retailers455
  • Supermarkets and Other Grocery Retailers (except Convenience Retailers)44511
  • Warehousing and Storage493
SIC code1 code
  • Wholesale-Groceries, General Line5141
Product category
B2B E-commerce Marketplace
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model1 record
1B2B Marketplace Transactions
TypeMarketplace Commission
Description

Sary operates a B2B e-commerce marketplace facilitating transactions between wholesalers/sellers and retailers (MSMEs). Revenue is generated through commissions on transactions and potentially markups on products sold through the platform. The company connects over 2,000 wholesale brands with 60,000+ retailers across HORECA and retail segments.

sary.com
Marketing channels4 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels3 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components6 values
Technology or R&D, Operations, Supply Chain, Personnel, Marketing or Sales, Infrastructure
Pricing details1 tier
1No registration fees - businesses can join the platform free of charge
ModelFreemiumBilling cadencePay-as-you-go
Notes

Free registration with no fees. Payment terms up to 30 days after delivery. Free delivery for orders above 200 SAR. Discounts and promotional codes available.

sary.com
GTM typeB2B
B2B
Offering typeDigital Commerce or Conte…
Digital Commerce or Content
Core offering1 text field

Sary operates a digital B2B marketplace that connects small and medium retailers — primarily in the HORECA (hotels, restaurants, cafes) and grocery retail segments — with wholesale brands and suppliers in Saudi Arabia. The platform lists over 30,000 products from more than 2,000 brands across 50+ categories, offering next-day delivery, free delivery for orders above 200 SAR, and up to 30-day payment terms. Sary also provides an integrated point-of-sale (POS) system with automated inventory replenishment and embedded buy-now-pay-later financing.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 4 values shown
  • 60,000+ active retail customers on platform
+3 more records
Product overview1 text field

Sary operates as a B2B e-commerce platform consisting of three integrated offerings: (1) the Sary B2B Marketplace — a digital platform connecting MSME retailers (supermarkets, HORECA, SMEs) with wholesale suppliers, offering over 30,000 products from 2,000+ brands with next-day delivery and flexible payment terms of up to 30 days; (2) Mowaridi — the supplier-facing portal that enables wholesalers to onboard and manage their product listings and orders; and (3) the Sary POS System — an inventory management and point-of-sale module that automatically reorders from Sary suppliers when stock is low and integrates with the marketplace. Together, these products form an end-to-end procurement, supply chain, and inventory management ecosystem for the HORECA and retail trade in Saudi Arabia and the broader GCC.

Product and service4 records
1Sary B2B Wholesale Marketplace
CategoryB2B Marketplace
Description

Digital B2B marketplace connecting MSME retailers (supermarkets, HORECA, SMEs) with wholesale suppliers in Saudi Arabia. Lists over 30,000 products from more than 2,000 brands across 50+ categories, offering competitive wholesale pricing, next-day delivery (with same-day options for urgent needs), free delivery for orders above 200 SAR, and flexible payment terms of up to 30 days after delivery.

2Mowaridi Supplier Portal
CategorySupplier Portal
Description

Supplier-facing portal that enables wholesalers and brands to onboard onto the Sary marketplace, list products, manage inventory, and fulfill orders from retail buyers.

3Sary POS System (Point of Sale)
CategoryInventory & POS Software
Description

Integrated point-of-sale and inventory management system used by 5,000+ customers. Automatically tracks stock levels, reorders from Sary suppliers when inventory runs low, and updates quantities upon delivery. Includes team permission management and supports seller credit eligibility through transaction history.

4Sary Embedded Finance (Buy Now Pay Later)
CategoryEmbedded Finance / Trade Credit
Description

Embedded financing offering up to 30-day payment terms after delivery, with flexible online or cash-on-delivery payment options. Sary has facilitated 100 million SAR in customer financing to date, improving working capital for HORECA and retail buyers.

Scale indicator11 records

Each record includes

Type, Value, Description, Source

Partnership3 partners
Strategic tierFlagshipTypeStrategic or Co-development PartnerAnnounced on2025-04-09
Description

Sary and ShopUp merged to form SILQ Group, backed by $110 million investment. The combined entity serves 600,000+ retailers and facilitates $5 billion in transactions across Gulf and South Asia markets.

Strategic tierFlagshipTypeStrategic or Co-development PartnerAnnounced on2025-04-09
Description

Post-merger entity combining Sary (Saudi Arabia) and ShopUp (South Asia) to develop financial, logistical, and trade infrastructure across Gulf and South Asia regions with focus on Qatar expansion.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2022-03-02
Description

Sary acquired Mowarrid in March 2022 to strengthen its B2B marketplace capabilities and expand supplier network in the Saudi Arabian market.

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight6 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

NinjaCart is an India-based B2B fresh produce and grocery supply chain platform connecting farmers and brands with retailers and HORECA buyers. It overlaps with Sary's HORECA supply and embedded distribution focus, particularly around next-day delivery economics in fragmented fresh supply chains.

TypeBroad incumbent
Description

Alibaba.com is the world's largest horizontal B2B marketplace, offering global wholesale sourcing across virtually every category. While not localized in Saudi Arabia, it competes for cross-border wholesale procurement that Saudi MSMEs could otherwise fulfill through Sary, and is the canonical reference marketplace model.

TypeBroad incumbent
Description

Amazon Business extends Amazon's marketplace into B2B procurement for organizations of all sizes, including SMBs in MENA through cross-border shipping. It is a broad incumbent against which Sary must differentiate on local assortment, Arabic UX, BNPL terms, and next-day logistics.

TypeBroad incumbent
Description

Metro AG operates cash-and-carry wholesale outlets serving HORECA and independent retailers across MENAP, including Saudi Arabia. It competes with Sary on the physical wholesale supply side and represents the traditional incumbent model Sary is digitally disrupting.

TypeEmerging player
Description

Foodics is a Saudi-based restaurant and HORECA cloud POS and operations platform serving thousands of restaurants across MENAP. It overlaps with Sary's POS module and shares the same HORECA buyer persona, making it both a potential integration partner and a competitor in the restaurant back-office stack.

TypeEmerging player
Description

Zid is a Saudi-based e-commerce enablement platform helping SMEs launch online storefronts. While more focused on consumer-facing retail tooling than wholesale supply, Zid targets the same Saudi SMB segment and represents an adjacent SaaS marketplace play competing for the same merchants' wallet share.

TypeBroad incumbent
Description

noon is a leading consumer and B2B e-commerce platform across the Middle East with significant Saudi operations. While primarily B2C, noon's logistics infrastructure, supplier base, and Saudi brand presence make it a relevant broad incumbent that could expand into B2B procurement in Sary's core market.

TypeDirect peer
Description

MaxAB is a B2B e-commerce platform connecting HORECA and grocery retailers with wholesalers across Egypt and the broader MENA region. It is the most direct head-to-head competitor to Sary, with a comparable two-sided marketplace model, embedded financing, and similar SMB target segment.

TypeDirect peer
Description

Tradeling is a UAE-based B2B e-commerce marketplace serving the MENA region with a broad assortment of goods targeted at businesses and government buyers. It directly overlaps with Sary's horizontal B2B wholesale proposition and pursues similar SMB procurement, embedded finance, and logistics services.

TypeDirect peer
Description

Udaan is an India-based B2B commerce platform connecting manufacturers, wholesalers, and retailers across multiple categories including FMCG and HORECA. It is structurally analogous to Sary in its two-sided marketplace design, embedded credit, and tier-2/3 city MSME focus, making it a useful international peer benchmark.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers5 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment3 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile3 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature3 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles5 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries2 records

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds5 records

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors11 records

Each record includes

Name, Type, Date of entry, Rounds participated, Website

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

M&A1 record

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment1 record

Each record includes

Name, Round, Announced date, Lead investor, Website, News

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

Sary

B2B E-commerce Marketplacesary.com

Sary is a Saudi Arabia-based B2B marketplace connecting 60,000+ MSME retailers, supermarkets, and HORECA businesses with 2,000+ wholesale brands across 30,000+ products. The platform combines next-day delivery, integrated POS with auto-replenishment, and embedded BNPL financing, and now operates within SILQ Group.

What Sary does

Sary is a Saudi Arabia-based B2B e-commerce marketplace founded in 2016 that connects micro, small, and medium enterprise retailers with wholesale suppliers. The platform serves two primary customer segments — supermarkets and grocery stores, and HORECA businesses (hotels, restaurants, and cafes) — offering access to more than 30,000 products from 2,000+ brands across 50+ categories with next-day delivery and a same-day option for urgent orders. As of available reporting, Sary serves 60,000+ retail customers and processes 4,000+ daily orders, with 5,000+ HORECA accounts and 5,000 POS users. The company's product portfolio consists of three integrated offerings: the core Sary B2B marketplace accessible via iOS/Android apps and a web portal; Mowaridi, a supplier-facing portal for wholesalers to onboard, list products, and manage orders; and the Sary POS system, an inventory management and point-of-sale module that automatically reorders from Sary suppliers when stock is low and syncs deliveries on arrival.

Sary monetizes primarily through marketplace commissions on transactions between wholesale brands and MSME buyers, supplemented by embedded finance revenue from a buy-now-pay-later product that provides up to 30-day payment terms post-delivery (with 100 million SAR facilitated to date). The platform uses a freemium model with free registration, free delivery above 200 SAR, and pay-as-you-go billing. Distribution is product-led and self-serve through app stores and the web, with marketing concentrated on social media (Instagram, Facebook, YouTube, X), content marketing via the Sary blog, and referral-driven word-of-mouth from existing customers. The company has raised $112 million in total venture funding through a Series C led by Sanabil Investments in December 2021, and in April 2025 merged with Bangladesh-based ShopUp to form SILQ Group, backed by an additional $110 million investment, creating a combined platform serving 600,000+ retailers and $5 billion in transactions across Gulf and South Asia.

Sary firmographics

Firmographics
Name
Sary
Legal name
Sary
Website
https://sary.com
Company type
Private
Founded year
2016
Operating status
Operating
Headcount range
251–500 employees
Short description
Sary is a Saudi Arabia-based B2B marketplace connecting 60,000+ MSME retailers, supermarkets, and HORECA businesses with 2,000+ wholesale brands across 30,000+ products. The platform combines next-day delivery, integrated POS with auto-replenishment, and embedded BNPL financing, and now operates within SILQ Group.
Ownership category
akta.pro rank

Sary industry classification

Industry
Product category
B2B E-commerce Marketplace
NAICS
General Merchandise Retailers (455), Supermarkets and Other Grocery Retailers (except Convenience Retailers) (44511), Warehousing and Storage (493)
SIC
Wholesale-Groceries, General Line (5141)
akta.pro primary industry
B2B Marketplaces & Wholesale Platforms (BPAMAGAD)
akta.pro secondary industries
Wholesale Dropship & Bulk Import/Export Sourcing Marketplaces (CRAFAHAO), International / Cross-Border BNPL & Multi-Currency POS Financing (FSAGAIAN)

Keywords

  • B2B wholesale marketplace
  • MSME procurement platform
  • HORECA supply solutions
  • Embedded B2B finance
  • Integrated POS inventory

Where Sary is headquartered

Location

Headquarters

HQ city
Ar Riyadh
HQ country
Saudi Arabia
HQ region
Middle East

Offices1 record

Markets served

Sary business model

Business model
GTM type
B2B
Offering type
Digital Commerce or Content
Cost components
Technology or R&D, Operations, Supply Chain, Personnel, Marketing or Sales, Infrastructure

Revenue model

  1. B2B Marketplace Transactions: Sary operates a B2B e-commerce marketplace facilitating transactions between wholesalers/sellers and retailers (MSMEs). Revenue is generated through commissions on transactions and potentially markups on products sold through the platform. The company connects over 2,000 wholesale brands with 60,000+ retailers across HORECA and retail segments.

Pricing tiers

ModelBillingPrice
FreemiumPay-as-you-goNo registration fees - businesses can join the platform free of charge

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Sary product offering

Product offering

Core offering

Sary operates a digital B2B marketplace that connects small and medium retailers — primarily in the HORECA (hotels, restaurants, cafes) and grocery retail segments — with wholesale brands and suppliers in Saudi Arabia. The platform lists over 30,000 products from more than 2,000 brands across 50+ categories, offering next-day delivery, free delivery for orders above 200 SAR, and up to 30-day payment terms. Sary also provides an integrated point-of-sale (POS) system with automated inventory replenishment and embedded buy-now-pay-later financing.

Product overview

Sary operates as a B2B e-commerce platform consisting of three integrated offerings: (1) the Sary B2B Marketplace — a digital platform connecting MSME retailers (supermarkets, HORECA, SMEs) with wholesale suppliers, offering over 30,000 products from 2,000+ brands with next-day delivery and flexible payment terms of up to 30 days; (2) Mowaridi — the supplier-facing portal that enables wholesalers to onboard and manage their product listings and orders; and (3) the Sary POS System — an inventory management and point-of-sale module that automatically reorders from Sary suppliers when stock is low and integrates with the marketplace. Together, these products form an end-to-end procurement, supply chain, and inventory management ecosystem for the HORECA and retail trade in Saudi Arabia and the broader GCC.

Differentiator

Problem solved

Functional benefit

Products and services

  • Sary B2B Wholesale Marketplace Digital B2B marketplace connecting MSME retailers (supermarkets, HORECA, SMEs) with wholesale suppliers in Saudi Arabia. Lists over 30,000 products from more than 2,000 brands across 50+ categories, offering competitive wholesale pricing, next-day delivery (with same-day options for urgent needs), free delivery for orders above 200 SAR, and flexible payment terms of up to 30 days after delivery.
  • Mowaridi Supplier Portal Supplier-facing portal that enables wholesalers and brands to onboard onto the Sary marketplace, list products, manage inventory, and fulfill orders from retail buyers.
  • Sary POS System (Point of Sale) Integrated point-of-sale and inventory management system used by 5,000+ customers. Automatically tracks stock levels, reorders from Sary suppliers when inventory runs low, and updates quantities upon delivery. Includes team permission management and supports seller credit eligibility through transaction history.
  • Sary Embedded Finance (Buy Now Pay Later) Embedded financing offering up to 30-day payment terms after delivery, with flexible online or cash-on-delivery payment options. Sary has facilitated 100 million SAR in customer financing to date, improving working capital for HORECA and retail buyers.

Quantifiable outcome

  • 60,000+ active retail customers on platform
  • +3 more outcomes

Companies that use Sary

Customer profile

Named customers5 records

Segments3 records

Ideal customer profiles3 records

Sary technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature3 records

Sary partnerships and signals

Strategic signal

Partnerships

Three partnerships are on record, tiered flagship and core.

  • ShopUpflagshipStrategic or Co-development Partner · 9 April 2025Sary and ShopUp merged to form SILQ Group, backed by $110 million investment. The combined entity serves 600,000+ retailers and facilitates $5 billion in transactions across Gulf and South Asia markets.
  • SILQ GroupflagshipStrategic or Co-development Partner · 9 April 2025Post-merger entity combining Sary (Saudi Arabia) and ShopUp (South Asia) to develop financial, logistical, and trade infrastructure across Gulf and South Asia regions with focus on Qatar expansion.
  • MowarridcoreStrategic or Co-development Partner · 2 March 2022Sary acquired Mowarrid in March 2022 to strengthen its B2B marketplace capabilities and expand supplier network in the Saudi Arabian market.

Scale indicators11 records

Recent moves6 records

Expansion highlights6 records

Sary competitors and assessment

Company assessment

Direct peers

  • NinjaCart: NinjaCart is an India-based B2B fresh produce and grocery supply chain platform connecting farmers and brands with retailers and HORECA buyers. It overlaps with Sary's HORECA supply and embedded distribution focus, particularly around next-day delivery economics in fragmented fresh supply chains.
  • MaxAB: MaxAB is a B2B e-commerce platform connecting HORECA and grocery retailers with wholesalers across Egypt and the broader MENA region. It is the most direct head-to-head competitor to Sary, with a comparable two-sided marketplace model, embedded financing, and similar SMB target segment.
  • Tradeling: Tradeling is a UAE-based B2B e-commerce marketplace serving the MENA region with a broad assortment of goods targeted at businesses and government buyers. It directly overlaps with Sary's horizontal B2B wholesale proposition and pursues similar SMB procurement, embedded finance, and logistics services.
  • Udaan: Udaan is an India-based B2B commerce platform connecting manufacturers, wholesalers, and retailers across multiple categories including FMCG and HORECA. It is structurally analogous to Sary in its two-sided marketplace design, embedded credit, and tier-2/3 city MSME focus, making it a useful international peer benchmark.

Broad incumbents

  • Alibaba.com: Alibaba.com is the world's largest horizontal B2B marketplace, offering global wholesale sourcing across virtually every category. While not localized in Saudi Arabia, it competes for cross-border wholesale procurement that Saudi MSMEs could otherwise fulfill through Sary, and is the canonical reference marketplace model.
  • Amazon Business: Amazon Business extends Amazon's marketplace into B2B procurement for organizations of all sizes, including SMBs in MENA through cross-border shipping. It is a broad incumbent against which Sary must differentiate on local assortment, Arabic UX, BNPL terms, and next-day logistics.
  • Metro Cash & Carry: Metro AG operates cash-and-carry wholesale outlets serving HORECA and independent retailers across MENAP, including Saudi Arabia. It competes with Sary on the physical wholesale supply side and represents the traditional incumbent model Sary is digitally disrupting.
  • noon: noon is a leading consumer and B2B e-commerce platform across the Middle East with significant Saudi operations. While primarily B2C, noon's logistics infrastructure, supplier base, and Saudi brand presence make it a relevant broad incumbent that could expand into B2B procurement in Sary's core market.

Emerging players

  • Foodics: Foodics is a Saudi-based restaurant and HORECA cloud POS and operations platform serving thousands of restaurants across MENAP. It overlaps with Sary's POS module and shares the same HORECA buyer persona, making it both a potential integration partner and a competitor in the restaurant back-office stack.
  • Zid: Zid is a Saudi-based e-commerce enablement platform helping SMEs launch online storefronts. While more focused on consumer-facing retail tooling than wholesale supply, Zid targets the same Saudi SMB segment and represents an adjacent SaaS marketplace play competing for the same merchants' wallet share.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

Sary social profiles

Digital presence

Sary financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Sary leadership team

Management profile

Number of profiles

Profiles5 records

Sary subsidiaries and ownership

Company hierarchy

Subsidiaries2 records

Sary funding detail

Funding detail

Funding overview

Funding rounds5 records

Investors11 records

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

Sary M&A and investment

M&A and investment

M&A1 record

Investments1 record

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

Frequently asked questions about Sary

What does Sary do?

Sary operates a digital B2B marketplace that connects small and medium retailers — primarily in the HORECA (hotels, restaurants, cafes) and grocery retail segments — with wholesale brands and suppliers in Saudi Arabia. The platform lists over 30,000 products from more than 2,000 brands across 50+ categories, offering next-day delivery, free delivery for orders above 200 SAR, and up to 30-day payment terms. Sary also provides an integrated point-of-sale (POS) system with automated inventory replenishment and embedded buy-now-pay-later financing.

Is Sary a public or private company?

Sary is a private company. It is classified as venture growth investor backed and is currently operating.

When was Sary founded?

Sary was founded in 2016. It employs 251 to 500 people.

Where is Sary based?

Sary is headquartered in Ar Riyadh, Saudi Arabia, in the Middle East region.

How does Sary make money?

One revenue line is on record: B2B Marketplace Transactions.

Who are Sary's main competitors?

Direct peers on record are NinjaCart, MaxAB, Tradeling and Udaan. Broad incumbents are Alibaba.com, Amazon Business, Metro Cash & Carry and noon. Emerging players are Foodics and Zid.

Does Sary have an API?

No public API is recorded for Sary.

What industry is Sary in?

Sary's product category is B2B E-commerce Marketplace. Its primary akta.pro industry code is BPAMAGAD, B2B Marketplaces & Wholesale Platforms, with a secondary code of CRAFAHAO, Wholesale Dropship & Bulk Import/Export Sourcing Marketplaces. Its NAICS code is 455 and its SIC code is 5141.

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Live signals
EntarabiFina Launches SAR 500M Financing Fund to Offer Liquidity to SMEsFina, SILQ's B2B embedded finance business, launched the Fina Fund, a SAR 500M financing fund managed by Joa Capital, licensed by Saudi Capital Market Authority. The fund aims to address a SAR 400 billion SME financing gap, with Fina having facilitated over SAR 2 billion in trade liquidity. It targets broader Saudi B2B businesses across procurement, supplier payments, and receivables.Saudi Gazette/SILQ marks 1st anniversary with $100M financing to power embedded FinTech for SMEsSILQ closed a $100 million financing facility from Gemcorp Capital, Fasanara Capital, and Amwal Capital on its first anniversary. The funds will expand its embedded financing platform Fina, which serves over 300,000 merchants and facilitated over SR20 billion in transaction volume. Fina enabled over SR1.5 billion in financing in the past year, with a target of SR3 billion this year.Startup SceneSeven MENA Startups Rebuilding the Region's Grocery Supply ChainSeven B2B platforms across Egypt, Morocco, Saudi Arabia, and the UAE are digitizing neighbourhood grocery supply chains. They connect independent retailers with manufacturers, distributors, and offer embedded finance and demand forecasting. The startups bet that corner stores remain enduring infrastructure needing better tools.FwdstartThe rise and fall of the B2B e-commerce marketplaceChari, a B2B e-commerce platform in Morocco, grew from zero to $10 million in monthly GMV in under two years. Samwer warned it lacked unit economics, a point Belkhayat later acknowledged. The piece is Part One of a two-part series on the sector's rise and fall.EntarabiinspireU from stc: Empowering Digital Innovation and Turning Startups into Success StoriesinspireU from stc, a Saudi business accelerator, has supported over 150 digital startups with SAR 1 billion in funding and an output value of SAR 15 billion. The accelerator's solutions have benefited more than 52 million users, and some companies have achieved revenue growth exceeding 80%.Future StartupThree Tech Startup Acquisitions, Three Foreign Companies, Zero Local Founders: Bangladesh's Exit ProblemBangladesh's major startup acquisitions—Daraz, Foodpanda, and Bikroy—were all foreign-owned, with no locally founded company acquired by a global operator. The article argues this reflects a structural gap in ecosystem maturity and visibility, contrasting with India, Indonesia, and Vietnam. It notes exceptions like bdjobs and bKash, which attracted minority stakes, and ShopUp's merger.FortuneWhat Saudi Arabia and Bangladesh can teach Silicon ValleyAt the Fortune Global Forum in Riyadh, Saudi entrepreneurs and government officials discussed how young demographics and SME financing gaps are driving innovation ecosystems in Saudi Arabia and Bangladesh. SILQ Financial, formed from the April merger of Saudi B2B marketplace Sary and Bangladesh's ShopUp, was highlighted as an example of cross-border fintech innovation addressing the gap where SMEs receive only 9% of bank lending. Panelists, including Bangladesh's special envoy and Bidvest Group's CEO, urged investors to look beyond risk perceptions when considering emerging markets.LwLatham Advises Sary in Merger With ShopUp to Create SILQLatham & Watkins LLP advised Sary, a Saudi Arabian B2B marketplace, on its merger with ShopUp, Bangladesh's largest B2B commerce platform, to form the SILQ Group. The new entity is backed by US$110 million in funding and aims to become the largest B2B commerce platform serving fast-growing consumer markets in the Gulf and Emerging Asia.Wamda.comSary, ShopUp join forces to createSaudi Arabia-based B2B marketplace Sary has merged with Bangladesh's ShopUp to form SILQ Group, a transaction backed by $110 million in funding from investors including Sanabil Investments and Valar Ventures. The combined entity aims to become the largest B2B commerce platform serving emerging markets in the Gulf and South Asia, leveraging its existing network of over 600,000 retailers and established financial infrastructure.United News BangladeshShopUp and Sary merge to form SILQ with $110M US-Saudi investmentShopUp, Bangladesh's largest B2B commerce platform, and Sary, the leading Gulf B2B marketplace, have merged to form SILQ Group, creating the largest B2B commerce platform serving Gulf and Emerging Asia markets. The merger is backed by a $110 million funding round led by Sanabil Investments (a PIF subsidiary) and Valar Ventures, which includes equity and financing for SILQ Financial, the group's financial services arm. The combined entity has served over 600,000 retailers and processed more than $5 billion in transactions, positioning itself to capture the projected $682 billion trade corridor between Gulf and South Asia.