Saudi Central Bank (SAMA) has announced the issuance of the second release under the Open Banking Framework, focused on the…
Search Results: SAMA (170)
In H1 2024, fintech funding in Saudi Arabia reached US$62 million, representing a staggering 360% increase compared to the same…
Have you ever considered that diving into the world of cryptocurrency in Saudi Arabia could be more than just a…
In H1 2024, startup funding in the Middle East and North Africa (MENA) totaled US$882 million. Among the various sectors,…
In H1 2024, fintech funding in Saudi Arabia reached US$62 million, representing a staggering 360% increase compared to the same…
Saudi Arabia has set out ambitious fintech goals as part of its Vision 2030 strategy, striving to considerably boost the…
Saudi Arabia’s fintech sector is making significant progress towards becoming a regional financial hub. The number of fintech companies in…
Simplified Financial Solutions Company (SiFi) announced the closing of its $10M seed round. The round was led by Sanabil Investments,…
Deloitte has announced its annual selection of the top technology companies headquartered in the Middle East and Cyprus, recognizing and…
Saudi Arabia’s fintech industry has surged over the past years, with the number of companies operating in the sector more…
The Saudi Central Bank (SAMA) licensed “Network International Arabia” to provide payment services through points-of-sale (POS), and “Barraq” to offer…
Tameed Digital Lending Platform, which offers shariah-compliant Government Purchase Orders Financing for SMEs in Saudi Arabia, announced that it has…
The Saudi Central Bank (SAMA) announces the issuance of the “Rules for Regulating Buy Now Pay Later (BNPL) Companies,” as…
Tamara, a leading fintech platform to shop, pay and bank in Saudi Arabia and the wider GCC region, has achieved…
Lendo, a Saudi Arabia-based shariah-compliant debt crowdfunding marketplace, has raised SAR 105 million ($28 million) in Series B funding led…
In Arab countries, open banking is rapidly evolving into the more comprehensible model of open finance, expanding from payment accounts…
Yabi by Souqalmal was launched in Saudi Arabia this November, boasting a localised personal finance wellbeing platform. Driven by its…
The banking sector in the Middle East and North Africa (MENA) is anticipated to experience significant growth, a development which…
Roland Berger has recently embarked on an ambitious project in partnership with the DFINITY Foundation, a Swiss-based non-profit organization known…
The Saudi Central Bank (SAMA) and the Monetary Authority of Singapore (MAS) have agreed to work together on fintech and…