How Rasan Information Technology Company changed with its market

Rasan Information Technology was founded in Riyadh in 2016 to digitise parts of Saudi Arabia’s insurance and financial-services market.

How Rasan Information Technology Company developed

It launched Tameeni in 2017 as an online insurance-comparison and aggregation platform and later broadened into health insurance, leasing-related services, auctions and data products. Rasan listed on Saudi Arabia’s main market in 2024.

Rasan Information Technology Company in 2026

By 2026, Rasan operated a group of Saudi fintech and insurtech platforms connecting consumers, insurers, vehicle-finance providers and other participants.

Why the history matters

The company is part of a wider Gulf fintech expansion in which regulatory change, digital identity and high smartphone use have created opportunities to move traditionally offline financial processes onto online platforms.