In Saudi Arabia, open banking is taking off, driven by a conducive regulatory landscape, increased competition in the…
Saudi Arabia
Fintech Saudi Arabia
The Saudi Central Bank (SAMA) announced granting “Bwatech”, “Rabet”, and “Mala’a”, the permit to operate under its Regulatory…
The Saudi Central Bank (SAMA) announced the licensing of three new companies specialized in finance and electronic payments,…
Buy now, pay later (BNPL) arrangements are becoming increasingly popular in Saudi Arabia, a trend that has been…
Wa’ed, the entrepreneurship arm of Saudi Aramco, has collaborated with Fintech Saudi as a strategic partner, along with…
Riyad-based social trading platform Dawul announced last week it has raised $5 million in a seed round led…
Saudi Arabia-based Arab National Bank has signed on US-based open source solutions provider Red Hat, Inc., for the…
Saudi Arabia startups raised US$205 million across 34 deals in Q3, their best ever quarter in terms of…
The payment and ecommerce revolution has been a bit delayed in the Middle East, compared to tech hotspots…
Saudi-based SME-focused fintech startup Lamaa has raised SAR19 million (about US$5 million) in a pre-Series A round. The…
Over 80% of consumers in the UAE and Saudi Arabia reported that they would be willing to use…
Rasan, an insurtech startup based in Saudi Arabia, has secured SAR 90 million (US$24 million) in a growth…
Illegal data collection and financial data theft have become major concerns amongst GCC consumers, according to a new…
Payments emerged as the most popular area for investment in Saudi fintech companies, according to a new report…
According to a new report by Carma, Kuwait Finance House (KFH) is the most popular MENA-based Islamic bank…
Saudi Arabia-based digital payment and POS solutions startup CashIn has raised SAR 6 million, or US$1.6 million, in…
UAE-based healthcare financing solution Klaim has fetched US$1.6 million in a pre-Series A funding round, according to an…
Cash usage is declining amongst growing Saudi fintech adoption, according to the findings of Fintech Saudi’s National Fintech…
The first half of 2021 has been eventful for Saudi fintech startup funding. H1 saw deal sizes ranging…
Forus Capital, a Saudi Arabia-based Islamic P2P lending marketplace, has raised a Series A round of funding for…