In the Gulf Cooperation Council (GCC), the open banking phenomenon is evolving at a rapid pace. Across the region, regulators…
Saudi Arabia
In 2019, Saudi Arabian startups raised a record of US$67 million through 71 deals, representing a 35% increase in investment…
Fintech Saudi, a financial sector development program initiative launched by the Saudi Arabian government in 2018, has released its latest…
Saudi Arabia’s capital markets watchdog has granted Haseed Investing Company and Wahed Capital a Fintech ExPermit, allowing the two companies…
The Saudi Arabian Monetary Authority (SAMA) has selected 18 companies to form the second batch of ventures to join its…
At the Financial Sector Conference last month in Riyadh, Saudi Arabia, Saudi British Bank (SABB), one of the five largest…
Experts are optimistic about the outlook for fintech development in Saudi Arabia, which they claim will be driven by the…
After banning the trading of cryptocurrencies, Saudi Arabia is now developing a blockchain-based digital currency in collaboration with the United…
An investment group that includes Japan’s SoftBank and Saudi Arabia’s main sovereign wealth fund, has announced a major close with over US$93…