The Saudi Central Bank (SAMA) licensed Tamawal company to provide finance aggregation services. With Tamawal, six licensed companies…
Saudi Arabia
Fintech Saudi Arabia
Pemo, a Dubai-based spend management platform, has officially entered the Saudi Arabian market. Backed by US$19 million in…
Standard Chartered has expanded its product offering in the Middle East with the launch of direct custody services…
BKN301 Group, a London-based fintech company specialising in Banking as a Service (BaaS) with operations across the Middle…
Nayla Finance, a Riyadh-based fintech company focused on providing funding for micro-businesses, has secured US$4 million in seed…
Finastra has announced the successful implementation of its Kondor treasury trading system, supported by DXC Technology’s cloud-based managed…
Checkout.com, a global digital payments solutions provider headquartered in London, has partnered with Tabby, a financial services and…
Riyad Bank’s digital innovation branch, Jeel, has announced a collaboration with Google Cloud to enhance digital services in…
PayTabs Group, a Riaydh-based payment orchestration company, has acquired a majority stake in PayTabs Egypt, reinforcing its presence…
Saudi Venture Capital (SVC) has announced its investment in the Artal Growth Opportunities Fund, a closed-ended private equity…
The Saudi Central Bank (SAMA) has officially granted a license to Tamara Finance, enabling the company to provide…
Uber has released the findings of its Economic Impact Report for the Kingdom of Saudi Arabia, outlining the…
Telr, a Dubai-based payment gateway, has partnered with Bank AlJazira, a Saudi Arabian financial institution, to enhance digital…
Palm Ventures, a VC firm based in Riyadh, has announced the initial close of Palm Ventures Fund I,…
IBM and Alinma Bank have announced that Alinma Bank, a financial institution in Saudi Arabia, has adopted IBM’s…
MongoDB, a US-based database company, has announced plans to expand its presence in the Middle East following five…
In Saudi Arabia, generative artificial intelligence (genAI) has the potential to elevate the country’s gross domestic product (GDP)…
Fintech funding in Saudi Arabia saw a significant drop of 74% year-over-year (YoY) in 2024, totaling US$182 million,…
The Saudi Central Bank (SAMA) has granted approval to four new fintech startups to participate in its Regulatory…
On the sidelines of LEAP 2025, Microsoft Arabia and the National IT Academy (NITA) have announced the establishment…