MDP, a longstanding player in Africa’s card issuing and processing sector, is reinforcing its position across the Middle East and…

Fintech is rapidly becoming one of the fastest-growing technology sectors in the Middle East and Cyprus. According to global consultancy…

The Saudi Central Bank (SAMA) has announced an overhaul of the Kingdom’s credit card regulations, aimed at improving transparency, reducing…

Saudi Arabia’s digital bank D360, backed by the Public Investment Fund (PIF), is in preliminary discussions with potential global investors…

The Saudi Central Bank (SAMA) has granted a license to Nayla Finance to operate in microfinance activities. According to a…

The Saudi Central Bank (SAMA) licensed Tamawal company to provide finance aggregation services. With Tamawal, six licensed companies now provide…

Riyad Bank’s digital innovation branch, Jeel, has announced a collaboration with Google Cloud to enhance digital services in Saudi Arabia.…

The Saudi Central Bank (SAMA) has officially granted a license to Tamara Finance, enabling the company to provide consumer finance…

The Saudi Central Bank (SAMA) has granted approval to four new fintech startups to participate in its Regulatory Sandbox. The…

Ant International has opened an office in Al-Olaya, Riyadh, after receiving certification as a Payment Technical Service Provider (PTSP) from…

Saudi Arabia’s banking sector is undergoing to profound transformation, driven by the rise of new digital players. In recent months,…

Lendo, a debt crowdfunding platform in Saudi Arabia, has secured a US$690 million (SAR 2.6 billion) warehouse facility led by…

Saudi Arabia’s fintech assets under management (AUM) are projected to approach US$64 billion in 2024, indicating substantial growth, according to…

The Saudi Central Bank (SAMA) and Google have officially signed an agreement to launch Google Pay in Saudi Arabia by…

The Saudi Central Bank (SAMA) announced the launch of “Samsung Pay” through the national payment system “mada” in Saudi Arabia.…

Two fintech companies, Tamara and Mozn, have been named in LinkedIn’s annual Top Startups list in Saudi Arabia, earning recognition…

Saudi Arabia’s fintech sector has experienced significant growth over the past years, exceeding targets in areas such as the number…

Saudi Arabia‘s financial sector, once reliant on cash because of underdeveloped digital payment infrastructure and cultural preferences, has undergone a…

The Saudi Central Bank (SAMA) announces the signing of an agreement with Samsung to enable the launch of Samsung Pay…

Tabby has announced it has entered into a definitive agreement to acquire Tweeq, a Saudi-based digital wallet licensed by the…