Page 11 - UNIFONIC PR REPORT - April 2025

driving digital transformation by backing B2B SaaS companies that deliver mission-critical
solutions for evolving markets.”

Salem Al-Badawi, Co-Founder and CTO of Sadq, said: “We’re proud of how far we’ve come.
This new funding will allow us to further strengthen our robust, multi-layered technical

infrastructure, enabling us to scale with agility and respond efficiently to growing demand. We’ve
also integrated advanced auto-scaling systems, portable and consistent deployment environments,
and global-grade security protocols — all of which ensure our platform is resilient, reliable, and
secure against cyber threats. Our partnership with Unifonic will help us continue expanding our
service portfolio in the digital authentication space.”

Ahmed Hamdan, CEO and Co-Founder of Unifonic, noted: “This strategic investment
reinforces the role of both Sadq and Unifonic in shaping the Kingdom’s emerging digital trust and
identity ecosystem. Through our close collaboration, we aim to drive innovation and set new
standards for secure digital transactions across all sectors in Saudi Arabia.”

-Ends-

About Sadq

Sadq is a Saudi-born digital signature and document authentication platform designed to meet national legal and
compliance standards. Serving over 3,500 users, including major entities such as Foodics, Ninja, Maharah, and
D360 Bank, Sadq addresses one of the key challenges in digital transformation: legally verifiable electronic
identity.

Unlike unregulated providers, Sadq integrates with Saudi Arabia’s National Single Sign-On (SSO) "NAFATH"
and offers government-recognized, court-admissible digital signatures. The platform provides a full-stack digital
signing solution for organizations of all sizes, with robust API capabilities that integrate seamlessly into any
enterprise infrastructure.

Sadq serves sectors including finance, technology, healthcare, and education, with plans to expand its service
offering through the use of AI-driven workflows and strategic market partnerships within Saudi Arabia.

With this new funding, Sadq is poised to lead the digital documentation space across the Kingdom — building
a reliable, secure foundation for the future of digital transactions.

About X by UNIFONIC

X by Unifonic is a seed venture fund dedicated to empowering innovative SaaS B2B startups in the MENAPT region.
We combine financial investment with hands-on support, leveraging Unifonic’s proven expertise as a leading SaaS
scale-up. Our mission is to drive growth for high-potential startups by providing not just capital, but also strategic
guidance, mentorship, and access to an extensive network of industry experts, government programs, and investors.