The MENA Fintech Association’s (MFTA) Open Finance Working Group has published a new report on the rise of…
Saudi Arabia
Fintech Saudi Arabia
Saudi Arabia’s fintech industry has continued to grow at a rapid pace in the last 12 months according…
Saudi Arabia’s central bank “SAMA” announced recently the issuance of the Open Banking Framework as one of the…
Corporate venture capital (CVC) deals declined on the whole in terms of number and volume in the first…
Dubai-based financial services platform Five FS has launched in the UAE and Saudi Arabia, and raised US$3.5 million…
Six fintech startups from the Middle East made this year’s Fintech 250, CB Insights’ annual list of the…
The Saudi Central Bank (SAMA) has added four open banking startups to its regulatory sandbox, bringing the number…
Saudi-based point of sale startup NearPay has closed a US$3.6 million pre-series A funding round led by Vision Ventures,…
Five fintech companies made LinkedIn’s second annual top startups list featuring 10 companies in the UAE that it…
The Saudi Central Bank (SAMA) has granted e-commerce payment licenses to Arab Sea Financial Company and Fatoraah, bringing…
The Saudi Central Bank (SAMA) announced that it has updated its Regulatory Sandbox framework as part of its…
The Saudi Central Bank (SAMA) announced granting permit to a new batch of companies; “Lean Technologies” and “Mod5r”…
Saudi fintech startup Tamara, a leading payments startup focused on driving financial inclusion across the Middle East, has…
Thunes, a global cross-border payments company, today announced that it is accelerating the expansion of its services in…
SmartCrowd Holdings, a regional pioneer in fractional real estate investments, has been granted a FinTech experimental license by…
Wealth managers in the MENA region are expecting strong growth in the number of robo advisers and digital…
KSA-based and MENA servicing payments services provider HyperPay has successfully raised $36.7 million (SAR 138 million) in a…
These past few years have seen Saudi Arabia’s fintech sector gaining strong momentum, a growth that’s been fueled…
Banque Saudi Fransi (BSF) has announced a new partnership with Backbase, an engagement banking platform provider, to transform…
Amazon Payment Services, a payment service provider operating across the Middle East and North Africa (MENA) region, has…