Madkhol Financial, a CMA-licensed robo-advisory platform, has launched a new program called “Ratibi+” at the Money 20/20 fintech event. The program is designed to enhance employee loyalty and create a more stable work environment by combining savings with investment.
The “Ratibi+” program addresses the challenges companies face in attracting and retaining talent. It is based on a partnership between the employee and the employer, where a portion of the employee’s salary is automatically invested in a managed portfolio. The company then adds a matching contribution, which is tied to a vesting period. This model allows employees to build an additional retirement income while providing companies with a practical tool to reduce turnover, directly supporting the goals of Saudi Vision 2030.
According to Saad Al-Atiyan, Co-Founder and CEO of Madkhol, “Ratibi+ is not just a savings plan, it is a true partnership between the company and its employees. We are redefining the employer-employee relationship by linking salaries to smart investment, creating value for both sides.”
The program is especially relevant in the Saudi market, where employee turnover in some sectors exceeds 30% annually and the national savings rate is significantly lower than the global average. By encouraging long-term investment habits and helping companies retain top talent, “Ratibi+” offers a practical solution that aligns with the objectives of Saudi Vision 2030.
