Kuwait’s Capital Markets Authority (CMA) has officially launched the country’s first securities-based crowdfunding service, marking a step towards diversifying investment channels and supporting financial inclusion.

The CMA announced that Al-Mawazi Capital is the first firm to be registered in its securities-based financial technology services registry.

The company is now authorised to offer a crowdfunding platform under the CMA’s regulatory framework, according to Arab Times.

The initiative aligns with the CMA’s wider strategy to introduce international best practices and expand Kuwait’s capital markets through the integration of new financial technologies.

The securities-based crowdfunding model enables businesses, particularly SMEs, to raise funds by offering shares or other securities to the public via licensed digital platforms.

According to the CMA, the service is intended to provide alternative financing options for entrepreneurs and SMEs, while offering retail investors access to new forms of investment.

The platform functions as a regulated digital marketplace where issuers can seek funding and investors can engage in securities transactions tied to crowdfunding campaigns.

The CMA stated that the platform is expected to “enhance cash flow in the market” and draw broader public interest in investment activities, while ensuring regulatory compliance and investor protection.

Highlighting the pace of change in the financial sector, the CMA described financial technology as “rapidly evolving,” with increasing uptake among individuals and institutions alike.

The Authority concluded by reaffirming its commitment to supporting capital market development and financial innovation through secure and inclusive digital services.

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