Sahm App Surpasses One Million Users in First Year
Sahm App, Saudi Arabia’s pioneering online trading platform, has announced a significant milestone: over one million users in just one year. This achievement highlights the platform’s rapid rise and its role in transforming the Kingdom’s investment landscape.
Hadeel Bedeeri, General Manager of Sahm Capital, described the milestone as a reflection of user trust and support. “Reaching this milestone in our first year is an extraordinary accomplishment. It’s all thanks to the trust and support of our clients and partners who have been integral to our success,” she said.
A Platform Tailored for Local Investors
Sahm was designed to cater to the evolving needs of Saudi investors, particularly in the context of Saudi Vision 2030’s economic diversification. The app provides seamless access to both Saudi and US markets, offering real-time data, company insights, 24/7 news, educational resources, and advanced analytics in a single platform.
From its inception, the platform’s user-focused approach has driven its popularity. Within months of its launch, Sahm ranked third among “Top Free Finance” apps on Google Play in Saudi Arabia.
“Our users are at the heart of everything we do,” Bedeeri explained. “Their feedback drives our continuous innovation. Through regular workshops and customer service, we ensure their needs are addressed, improving their trading experience with each update.”
Innovation and Tech-Driven Growth
In its first year, Sahm introduced over 20 major updates, including IPO subscriptions, index options, and Murabaha financing. Bedeeri emphasised the importance of Sahm’s robust technological infrastructure, which allows for rapid feature development and refinement.
The platform also uses advanced algorithms to dynamically personalise user experiences. For instance, popular features like IPO tools are highlighted based on user interest, ensuring the app remains intuitive and responsive.
“At Sahm, we believe every investor should have the tools to make informed decisions,” Bedeeri stated. “Our commitment is to provide real-time data, actionable insights, and personalised tools to help users navigate the markets effectively.”
Sahm Capital, headquartered in Riyadh, holds full regulatory licensing from the Capital Market Authority (CMA). As the first fintech-driven financial firm to secure such licensing, Sahm has established itself as a leader in Saudi Arabia’s evolving financial sector. Its proprietary app continues to revolutionise trading for local investors.
