Our story
How Darb started
The problem, found by accident
When in Tamara, Mohsen spoke with thousands of Merchants. None were happy with their banks. Opening an account took time. Simple requests feel complicated. Transactions rejected. It didn't make sense.
Start where companies actually are
I decided to change it. I said what if we started with the most common expense tool, fuel cards/chips. We do it way better. It works at all stations, and is more flexible for other spend. The companion for mobile workforce. Hence the name, Darb.
Two people and an idea
Abdulmohsen met Mohamed Chbieb in Berlin and explained the vision. Mohamed believed in it, and started building the next week. That was the whole company.
Licensed by the Saudi Central Bank
Darb received an EMI Major License from SAMA, in record time. The idea was now a regulated company.
1,000 companies
Within six months of going live, more than 1,000 Saudi companies were running their spend on Darb.
Beyond the card
SADAD, local transfers, international transfers. The card got us in the door. The account is what we are building.
More to come soon.