Estikmal

Marketplace / Fintech Saudi ArabiaWeb

Buy and sell businesses in Saudi Arabia.

A verified-only web marketplace for SMB acquisitions with structured offer flows, deal rooms, and Arabic-first UX — professionalizing the Saudi M&A market.

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Launched

April 2025

Market

Saudi Arabia

Platform

Web

Role

Full-cycle from scratch

Status

Live

Manual listing audit

Verification

Moyasar integrated

Payments

Salla ecosystem

Integration

Commission & subscriptions

Model

The brief

M&A transactions in Saudi Arabia happened over WhatsApp with no verification, structure, or escrow — serious buyers and sellers had no trusted digital platform.

The challenge

Every listing requires manual verification, every buyer needs qualification, and deals close over months — all had to be systematized and digitized from zero.

Our solution

A structured marketplace with ops-assisted listing verification, formal offer flows with escrow, deal rooms, and a premium visibility tier for sellers.

What we built

Six things that make Estikmal work.

Verified listings

Manual finance and document review by Estikmal ops before any listing goes live.

Structured offer flow

Formal offers with expiry dates and real-time status tracking (Pending → Completed).

Smart discovery

Filter businesses by price range, employee count, company age, city, and sector.

Buyer KYC tiers

Tiered verification gates access to listing details — unqualified buyers see limited info.

Premium visibility

Subscription upgrade highlighting listings and unlocking deep-dive data for buyers.

Salla integration

Seamless connectivity with Salla Partners for e-commerce merchant listings.

Visuals

What it looks like.

Listing Details

Listings

Notifications

Services

Premium Subscription

Tech stack

The tools we picked, and why we kept them simple.

Boring tech where boring is right, sharp tech where it counts.

Next.jsNode.jsMongoDBAWSMoyasarMailgunAuthentica (OTP)Salla PartnersGoogle Maps

Results

What changed after launch.

565 live businesses

Listings

3,486 registered

Users

$48M brokered

GMV

Live at estikmal.com

Status

Available on

Try Estikmal today.

Visit website

The response time was great and they were very cooperative.

Mohammad Almunajem

CEO & Founder

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