All News and Announcements

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News

SAMA Licenses Fintech Company Loan to Provide Consumer Microfinance Solutions

With the new licensee, there are now six authorized companies offering consumer microfinance solutions in Saudi Arabia.

News

IrisGuard Partners With Elm to Help Boost Financial Inclusion in the Developing World

The world's first Iris-enabled payment platform and a leading provider of innovative Government digital services collaborate for more efficient, inclusive and trusted distribution social protection payments.

News

SVC Launches New Investment in Fintech VC Funds Product at the Financial Sector Conference 2023

Saudi Venture Capital Company, in partnership with the Capital Market Authority and the Financial Sector Development Program has launched a new product designed to support the growth of the fintech industry in Saudi Arabia.

News

New Mastercard Study Reveals Rapid Shift Toward Digital Payments in Saudi Arabia

Up to 77 percent of consumers in the Kingdom spending more money online since the onset of the pandemic.

News

Saudi Arabian Savings App Hakbah Forms Partnership With Visa

The solution offers customers a convenient and simple method for Savings Groups’ habit.