The RHQ in Riyadh will provide strategic, administrative and corporate services for BNY in the Middle East. RIYADH – The Bank of New York Mellon Corporation (“BNY”) (NYSE: BK), a global financial services company, today announced it has been granted a regional headquarters (“RHQ”) license by the Ministry of Investments in Saudi Arabia (“MISA”). The RHQ […]
Saudi Central Bank (SAMA) Grants License to Tamawal for Finance Aggregation Services
Riyadh, Saudi Arabia – The Saudi Central Bank (SAMA) has officially granted a license to Tamawal® to operate as a Finance Aggregation Services provider, marking a significant milestone in the Kingdom’s efforts to enhance innovation and inclusivity within the financial sector. With this latest approval, Tamawal becomes the sixth licensed company authorized to offer finance […]
PEMO launches in Saudi Arabia to empower businsses with smarter Expense Management
Riyadh, Saudi Arabia: Pemo, the all-in-one spend management platform, has officially launched in Saudi Arabia, offering cutting-edge financial solutions to businesses of all sizes across the Kingdom. Backed by $19 million in funding from global investors, the MENA-grown FinTech company will provide smart corporate and virtual cards, automated receipt collection, and AI-driven accounting to streamline expense […]
SANSO Launches SansoPay: The Future of Borderless Payments for Individual and Companies
EU/UAE/Global – After making waves across industries from smart tech R&D and manufacturing to cutting-edge fintech solutions, Sanso Technologies has announced the launch of its most ambitious innovation yet: SansoPay – a revolutionary digital payment platform set to redefine how the world sends, receives, and manages money. Backed by over two decades of technological leadership, Sanso Technologies, led by its […]
Saudi meal subscription startup Calo expands to UK, absorbs two local brands
Calo, the Saudi-headquartered foodtech startup, has expanded into the United Kingdom with the acquisition of two local prepared meal delivery brands, Fresh Fitness Food and Detox Kitchen. The UK expansion marks Calo’s first international move outside of the GCC, as the startup looks to build on its rapid growth in the Middle East. Founded in […]
Kuwait’s Ottu and HyperPay join forces to revolutionize Digital Payments in MENA Region
Riyadh, KSA – Ottu is proud to announce a strategic partnership with HyperPay, a leading digital payment solutions provider, through a Mutual Collaboration Agreement (MCA), marking a significant milestone in transforming the digital payments landscape across the Middle East and North Africa (MENA) region. This powerful alliance unites two of the region’s leading fintech innovators to […]
LandIn Partners with Fintech News Saudi Arabia to Support Startup Expansion into the Kingdom
Riyadh, Saudi Arabia – LandIn, a leading soft-landing partner for global startups, has announced a strategic partnership with Fintech News Saudi Arabia, a premier platform for fintech developments in the Kingdom. This collaboration is designed to empower high-potential founders by providing them with the tools, connections, and guidance needed to successfully enter and scale within Saudi […]
American Express Saudi Arabia and Tarabut Pioneer First-of-its-Kind Open Banking Experience to Expand Credit Access
Riyadh, Kingdom of Saudi Arabia – 23 April, 2025: American Express Saudi Arabia has introduced a ground-breaking, open banking-powered experience within its mobile application, transforming not just the process but the accessibility of credit for a broader segment of customers. This includes those outside traditional employment structures (such as the self-employed and non-salaried individuals) – segments that have historically been underserved by conventional […]
Mastercard and Amazon Launch Complimentary Amazon Prime Membership for Cardholders in Saudi Arabia
All Mastercard credit and debit cardholders can now enjoy up to six months of Amazon Prime membership at no additional cost, unlocking a world of savings and entertainment, including fast and free shipping, Prime Video, Prime Gaming, and Exclusive Savings Saudi National Bank cardholders will enjoy added exclusive shopping discounts with their Mastercard provided Amazon […]
Standard Chartered launches Direct Custody Service in the Kingdom of Saudi Arabia
Riyadh, Saudi Arabia: Standard Chartered announced a further expansion of its Middle East product capabilities with direct custody services in Saudi Arabia. This milestone offering will be under Standard Chartered Capital Saudi Arabia, a wholly owned subsidiary of Standard Chartered Group, licensed by Capital Market Authority of Saudi Arabia. The service, which enables clients to […]