Leicester founded fintech Predictiva has signed a strategic agreement with a Saudi Arabian tech firm.

The partnership will see Automated Trading Company adopt Predictiva’s trading platform Investiva.

Founder Ashraf Attia said:

“Venturing into the Middle East is a strategic move for Predictiva, allowing us to tap into a vibrant and dynamic market. The Saudi Stock Market, in particular, offers immense opportunities for growth and innovation.

“By joining forces with Automated Trading, we tailor our solutions to meet the Saudi market’s specific needs and democratize access to sophisticated AI trading tools.”

Two years ago the startup signed its first licensing deal in the Middle East for a “mid six-figure” amount.