Against all odds, venture capital (VC) investments in Saudi Arabia reached a new all-time high last year, growing…
Saudi Arabia
Fintech Saudi Arabia
The Saudi Central Bank (SAMA) seeks public consultation on the draft “Rules for Regulating Buy Now Pay later…
Tarabut Gateway announced the completion of a US$32 million Series A fundraise. The funding round was led by…
stc Group announced that its ICT infrastructure subsidiary, TAWAL, has signed an agreement to acquire United Group’s telecommunications…
The Saudi National Bank (SNB) and Japanese credit card company JCB International has inked an agreement to enable…
The Saudi Central Bank (SAMA) licensed “Rasid Payments Company for Financial Technology” to provide payment solutions through point…
The Saudi Export-Import Bank (Saudi EXIM Bank) has implemented Temenos’ cloud-native core banking platform, going live in just…
AI use is on the rise, which poses a risk to the existence of many jobs across regions.…
Open Ecosystem RegTech provider, Konsentus, establishes its MENA regional base in the Kingdom of Saudi Arabia to provide…
Wafeq, a modern and easy-to-use accounting platform, has announced the completion of its $3 million seed round. The…
The Saudi Central Bank (SAMA) announced the licensing of two finance companies specialized in debt-based crowdfunding, namely: Forus…
The Saudi Central Bank (SAMA) continues to experiment on Central Bank Digital Currency (CBDC) as it is currently…
2022 was a record-breaking year for venture capital (VC) investment in Saudi Arabia. Startups in the country secured…
The Saudi Central Bank (SAMA) announced the launch of the Open Banking Lab according to the Open Banking…
Banking software company Temenos announced that it will be granting license rights to NdcTech, a wholly owned subsidiary…
Despite a global startup funding pullback, Saudi Arabian fintech industry continued to grow and mature this year. Companies…
The Saudi Central Bank (SAMA) announced the licensing of Manafa – a finance company specialized in debt-based crowdfunding…
Tweeq International Financial Company, a Saudi Arabian business, has been granted a license to operate as a payment…
Saudi British Bank (SABB) has partnered with Visa’s Cybersource to enhance its payment solutions and network uptime, and…
In the Gulf Cooperation Council (GCC), the open banking phenomenon is evolving at a rapid pace. Across the…