Riyalak
For easier financial management
Start your path to financial freedom
Download the Riyalak app today!
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About Us
Riyalak is an application to manage your money and rationalize your expenses. The application helps you know all the details of your daily, monthly, and annual expenses, including where, how, and on what you spent every riyal you own. The idea arose from our constant pursuit to achieve the highest levels of financial management for the customer, fully aware of all the details of his expenses from various accounts and bank cards, because it is the best way to reach ideal financial management.
Vision
Building a solid financial culture in the Arab community and encouraging it to seek to build a stable financial future and reduce poverty and destitution by improving the level of financial and economic awareness among all members of society.
Riyalak
Mission
Goals &
Achieving personal financial goals
Providing our clients with useful and effective reports helps improve their level of control over their expenses, reduce the possibility of falling into financial problems and crises, and achieve their financial goals
Controlling financial spending
By alerting the customer to the amount of money he spent on a specific thing and increasing savings and investment
Your Riyal becomes a pioneer
As the best financial management application with a strong and helpful impact in the Middle East region, and then reaching the world
Raising economic awareness
Raising the level of economic awareness and wise financial management among all members of society
Riyalak Features
How Does Riyalak Work
Be fully aware of where your salary goes
The system combines all bank accounts into one application to facilitate the calculation of expenses and their classification
FAQs
- Yes, Riyalak is registered with SAMA under open banking framework
Riyalak is your personal financial management app. It allows you to:
- Link multiple bank accounts to see everything in one place
- Track all your transactions so you can review them
- Create budgets to improve your progress towards your financial goals
- Create goals to meet your financial targets
- We are working towards even more exciting AI-based features to help you save, invest and spend more wisely!
We use your data to make personalized financial recommendations to you. Any data we use is ONLY with your direct consent as stated in our Terms of Service.
Yes, Riyalak analyzes your spending habits and financial goals to offer tailored recommendations for improving financial health and achieving specific objectives.
Of course, you can delete your account data at any time you want.
One of the key features of Riyalak is giving you personalized offers from other companies on how best to spend, save or invest your money. No personalized data is ever shared with anyone anywhere.
Riyalak uses best in class cyber security guidelines as mandated by SAMA. You can rest assured that we use the best possible protection for your data.
- You need to click the + sign
- Click on ‘Bank Account’
- Click on ‘Connect Bank Account’
- Follow the onscreen instructions
- Yes, you can import your bank statement into Riyalak
- You need to click the + sign
- Click on ‘Bank Account’
- Click on ‘File Import’ and upload your bank statement
- Follow the onscreen instructions
- Please note that in order to get the most out of your application and with your latest data, we recommend connecting your bank account as in #8
Riyalak displays transaction history for a standard period of 12 months.
- Yes, Riyalak can track transactions from various accounts, including bank accounts and credit cards, providing users with a comprehensive overview of their financial activities.
There are multiple protections already built into the app in addition to the phone’s security which you should always keep on. This includes:
- Password (never share with anyone)
- Fingerprint or Face ID
- OTP protection
Contact Us
Working Hours
Saturday – Thursday
From 9:00 A.M. to 6:00 P.M.
