Riyadh - Sharikat Mubasher: Ebra, the first AI-powered debt collection company based in Riyadh, closed a $2 million pre-seed round led by Scene Holding Company, with participation from Raz Holdings and strategic angel investors.

This investment, unveiled during LEAP 2025, represents a significant milestone in Ebra’s journey to redefine debt recovery in the Middle East region, bringing greater efficiency, transparency, and compliance to the industry.

Ebra will dedicate the proceeds to expand its reach by offering AI-driven fintech solutions. It aims to transform the debt collection industry through AI and fintech while enhancing efficiency, ensuring regulatory compliance, and delivering seamless, customized solutions.

LEAP 2025 took place in Riyadh from 9 to 12 February, with the participation of over 1,800 exhibitors, more than 1,000 speakers, and over 680 startups. It brought together global leaders from the public and private sectors, top innovators, and key stakeholders in tech investment.

Under the theme ‘Into New Worlds,’ this four-day event aimed to showcase the latest innovations and facilitate knowledge exchange, expanding business networking and investment opportunities in the tech sector.