Riyadh, Saudi Arabia – The Saudi Central Bank (SAMA) has officially licensed Tal Finance Co. to provide debt-based crowdfunding solutions, further expanding the Kingdom’s innovative financial ecosystem. With the inclusion of Tal Finance, the total number of companies authorized to offer debt-based crowdfunding solutions in Saudi Arabia now stands at 12. Additionally, the number of […]
The Saudi Central Bank (SAMA) has announced the licensing of Majd Saudi Payments Company to provide payment services via electronic wallets. This addition raises the total number of licensed payment service providers in the Kingdom to 26 companies. This strategic move underscores SAMA’s commitment to bolstering and empowering the payments sector by enhancing the efficiency […]
Abu Dhabi, December 11, 2024 — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, made a significant impact at Bitcoin MENA 2024, held on December 9-10 at the Abu Dhabi National Exhibition Centre (ADNEC). Exclusive Horizon Night Setting the stage for the highly anticipated conference, Bybit hosted its exclusive “Horizon Night” on December 8. […]
December 24, 2024 In a new step to enhance its financial services and expand its regional scope, Weyay Bank announces the launch of the “AFAQ” service, which is a qualitative leap in the field of bank transfers between the Gulf Cooperation Council countries. “AFAQ”, by linking the payment systems of the Gulf countries, enables financial […]
December 23, 2024 Saudi Arabia, Riyadh – EdfaPay is pleased to announce the obtaining of a technical license as a Mobile Point-of-Sale (Soft-POS) technology provider from the Saudi Central Bank (SAMA). This milestone aligns with EdfaPay’s continuous efforts to enhance digital innovation in the payments sector and provide advanced and secure technological solutions that meet […]
December 19, 2024 Riyadh, Saudi Arabia – alrajhi bank and Marriott Bonvoy, the award-winning global travel programme by Marriott International, announced the launch of the Marriott Bonvoy alrajhi bank Credit Card in Saudi Arabia. The new cobrand credit card provides unique benefits and rewards to travellers across every part of their travel journey as they earn […]
The Saudi Central Bank (SAMA) has granted its no-objection for D360, a licensed digital bank, to commence its banking operations in the Kingdom of Saudi Arabia. This milestone marks a significant step in the evolution of the Kingdom’s financial sector, paving the way for enhanced innovation and competition within the banking industry. This development aligns […]
RIYADH: Money20/20, the world’s leading fintech show and the place where money does business, is introducing its inaugural Middle East edition to take place in Riyadh, Saudi Arabia on September 15-17, 2025 at the Riyadh Exhibition & Convention Centre (RECC). Money20/20 Middle East will bring to Riyadh the brightest minds in fintech, as well as global […]
Riyadh, Saudi Arabia – Mastercard and Jeel — a subsidiary of Riyad Bank — are joining forces to enable digital and cutting-edge solutions such as AI to drive innovation in Saudi Arabia. Introducing the novel offering to the Kingdom, the collaboration will see the two entities work together to serve all non-banking financial institutions […]
Dubai, UAE – December 12, 2024: Audax, the digital banking solutions provider backed by Standard Chartered Bank, has announced a strategic partnership with Tuum, a leader in core banking technologies, to support financial institutions in their digital transformation journey. The collaboration aims to empower banks to modernize their systems, rapidly launch digital services, and expand […]