Assets under management (AUM) through robo-advisory services provided by licensed fintech firms and capital market institutions in Saudi Arabia rose to SAR 7.82 billion by the end of Q1 2026, a 100% surge compared to the same period in 2025.
The number of investment portfolios managed via robo-advisory platforms increased to 580,400, up 51% year-on-year (YoY), according to a report issued by the Capital Market Authority.
Average assets per portfolio continued to rise, reaching approximately SAR 13,500 by the end of Q1 2026.
The data shows a strong acceleration in robo-advisory growth over the past two years, with AUM increasing more than 26 times since early 2023.
Robo-advisory services refer to the use of algorithms and modern financial technologies by licensed fintech companies and capital market institutions to manage client investments according to predefined strategies, with little or no human intervention.
Change in AUM, No. of portfolios in robo-advisory platforms
Period
Investment Portfolios (‘000)
AUM (SAR mln)
Q3 2022
15.09
56.0
Q4 2022
32.13
156.1
Q1 2023
44.94
291.1
Q2 2023
102.94
541.5
Q3 2023
119.22
650.3
Q4 2023
137.89
724.4
Q1 2024*
244.89
1964.6
Q2 2024
258.96
2278.7
Q3 2024
343.91
3029.8
Q4 2024
382.62
3434.9
Q1 2025
385.06
3916.7
Q2 2025
400.16
4336.2
Q3 2025
511.71
5435.2
Q4 2025
534.57
6416.4
Q1 2026
580.44
7824.6
Total users reached about 700,700, with retail clients representing the majority at 97% (679,100). Qualified clients stood at 21,400, while institutional clients totaled 215.
No. of Investors Using Fintech Services by Category
Period
Institutional Clients
Qualified Clients
Retail Clients
Q1 2022
22
1008
13500
Q2 2022
43
1150
17479
Q3 2022
20
1156
41267
Q4 2022
53
2549
68080
Q1 2023
30
2986
89206
Q2 2023
22
4135
144607
Q3 2023
20
5093
158038
Q4 2023
99
7913
211764
Q1 2024
76
10340
248745
Q2 2024
60
10680
249703
Q3 2024
109
14789
349414
Q4 2024
218
17803
396592
Q1 2025
163
20018
440130
Q2 2025
90
18490
432979
Q3 2025
171
26963
634624
Q4 2025
165
24236
633100
Q1 2026
215
21388
679055
The number of licensed fintech companies providing robo-advisory services reached nine, licensed between 2021 and 2025.
Licensed Fintech Companies
Company Name
License Date
Madkhol
August 2021
Malaa Financial Technology for Securities Business
April 2022
Mod5r
December 2022
Al-WAA for Financial Technologies
April 2023
Siolla for Financial Technology
July 2024
Thriftplan Company for Information Technology
July 2024
Awqef
August 2024
Al-Hikma Financial Consulting
June 2025
Eddekhar Financial Technology
June 2025
Assets under management (AUM) through robo-advisory services provided by licensed fintech firms and capital market institutions in Saudi Arabia rose to SAR 7.82 billion by the end of Q1 2026, a 100% surge compared to the same period in 2025.
The number of investment portfolios managed via robo-advisory platforms increased to 580,400, up 51% year-on-year (YoY), according to a report issued by the Capital Market Authority.
Average assets per portfolio continued to rise, reaching approximately SAR 13,500 by the end of Q1 2026.
The data shows a strong acceleration in robo-advisory growth over the past two years, with AUM increasing more than 26 times since early 2023.
Robo-advisory services refer to the use of algorithms and modern financial technologies by licensed fintech companies and capital market institutions to manage client investments according to predefined strategies, with little or no human intervention.
Change in AUM, No. of portfolios in robo-advisory platforms
Period
Investment Portfolios (‘000)
AUM (SAR mln)
Q3 2022
15.09
56.0
Q4 2022
32.13
156.1
Q1 2023
44.94
291.1
Q2 2023
102.94
541.5
Q3 2023
119.22
650.3
Q4 2023
137.89
724.4
Q1 2024*
244.89
1964.6
Q2 2024
258.96
2278.7
Q3 2024
343.91
3029.8
Q4 2024
382.62
3434.9
Q1 2025
385.06
3916.7
Q2 2025
400.16
4336.2
Q3 2025
511.71
5435.2
Q4 2025
534.57
6416.4
Q1 2026
580.44
7824.6
Total users reached about 700,700, with retail clients representing the majority at 97% (679,100). Qualified clients stood at 21,400, while institutional clients totaled 215.
No. of Investors Using Fintech Services by Category
Period
Institutional Clients
Qualified Clients
Retail Clients
Q1 2022
22
1008
13500
Q2 2022
43
1150
17479
Q3 2022
20
1156
41267
Q4 2022
53
2549
68080
Q1 2023
30
2986
89206
Q2 2023
22
4135
144607
Q3 2023
20
5093
158038
Q4 2023
99
7913
211764
Q1 2024
76
10340
248745
Q2 2024
60
10680
249703
Q3 2024
109
14789
349414
Q4 2024
218
17803
396592
Q1 2025
163
20018
440130
Q2 2025
90
18490
432979
Q3 2025
171
26963
634624
Q4 2025
165
24236
633100
Q1 2026
215
21388
679055
The number of licensed fintech companies providing robo-advisory services reached nine, licensed between 2021 and 2025.
Licensed Fintech Companies
Company Name
License Date
Madkhol
August 2021
Malaa Financial Technology for Securities Business
April 2022
Mod5r
December 2022
Al-WAA for Financial Technologies
April 2023
Siolla for Financial Technology
July 2024
Thriftplan Company for Information Technology
July 2024
Awqef
August 2024
Al-Hikma Financial Consulting
June 2025
Eddekhar Financial Technology
June 2025
