The Saudi Central Bank (SAMA) granted “Spotii” and “Madfu” permits to carry out Buy Now Pay Later (BNPL) solutions pursuant…
Saudi Central Bank (SAMA)
The Saudi Central Bank (SAMA) announced the licensing of two finance companies specialized in debt-based crowdfunding, namely: Forus and Tameed.…
The Saudi Central Bank (SAMA) continues to experiment on Central Bank Digital Currency (CBDC) as it is currently working on…
The Saudi Central Bank (SAMA) announced the launch of the Open Banking Lab according to the Open Banking Framework issued…
The Saudi Central Bank (SAMA) announced the licensing of Manafa – a finance company specialized in debt-based crowdfunding in the…
Tweeq International Financial Company, a Saudi Arabian business, has been granted a license to operate as a payment fintech company…
The Saudi Central Bank (SAMA) has granted a payment license to Riyadh-based money app Tweeq to provide e-wallet services, bringing…
Canadian open banking solutions provider Salt Edge is expanding to Saudi Arabia to enable financial institutions to share their transactional…
Kuwaiti open banking platform Spare has partnered with Bahraini payment services provider EazyPay to enable Spare merchants in Bahrain to…
The MENA Fintech Association’s (MFTA) Open Finance Working Group has published a new report on the rise of open banking…
Saudi Arabia’s fintech industry has continued to grow at a rapid pace in the last 12 months according to the…
The Saudi Central Bank (SAMA) has added four open banking startups to its regulatory sandbox, bringing the number of companies…
The Saudi Central Bank (SAMA) has granted e-commerce payment licenses to Arab Sea Financial Company and Fatoraah, bringing the total…
The Saudi Central Bank (SAMA) announced that it has updated its Regulatory Sandbox framework as part of its efforts to…
The Saudi Central Bank (SAMA) announced granting permit to a new batch of companies; “Lean Technologies” and “Mod5r” to provide…
The Saudi cabinet has granted a digital bank license to STC Pay, a digital payments company which is a fully…
The Saudi Central Bank (SAMA) has granted two licenses to International Digital Solutions Co and Azm Fintech Co to provide…
The Saudi Central Bank (SAMA) launched the instant payment system sarie, under the patronage of His Excellency Governor of the…
The Saudi Central Bank (SAMA) has announced that it will be launching a round the clock instant payment system effective…
The Saudi Central Bank, previously known as Saudi Arabian Monetary Authority (SAMA), is planning to go live with open banking…