FeaturedFintechInvestment in Saudi fintech sector reaches $347 mn in the last 12 monthsIFM CorrespondentOctober 25, 2021 by IFM CorrespondentOctober 25, 2021 The rise in investments is a sign of a maturing fintech industry in the Kingdom... Read more
FeaturedFintechSaudi Arabia-based CashIn raises $1.6 mn for business expansionIFM CorrespondentSeptember 20, 2021 by IFM CorrespondentSeptember 20, 2021 The funding round was led by BIM Ventures... Read more
FeaturedFinanceSaudi Payments launches instant payment system ‘sarie’WebAdminApril 22, 2021 by WebAdminApril 22, 2021 It is being launched in cooperation with IBM and Mastercard... Read more
FeaturedFintechIrish fintech Global Shares sets up ME headquarter in RiyadhPritam BordoloiFebruary 8, 2021 by Pritam BordoloiFebruary 8, 2021 The fintech has also partnered with NCB Capital, the investment arm of the National Commercial Bank... Read more
FeaturedFintechFintech Saudi launches accelerator programme to support the industryPritam BordoloiOctober 5, 2020 by Pritam BordoloiOctober 5, 2020 The programme is being launched in partnership with Flat6Labs... Read more
FintechNumber of fintechs in Saudi Arabia grew by 147% in the last two years: ReportsPritam BordoloiAugust 19, 2020 by Pritam BordoloiAugust 19, 2020 The number of smartphone payment transactions grew by 352% year-on-year to April 2020... Read more
FeaturedFintechSaudi Payments partners with Japan’s JCB to enable the JCB paymentPritam BordoloiJuly 28, 2020 by Pritam BordoloiJuly 28, 2020 The partnership will enable local banks to accept JCB cards through their network of point-of-sale terminals... Read more
FintechMagazineCashless society: epayments catch fire in Saudi ArabiaInternational FinanceJanuary 13, 2020March 18, 2020 by International FinanceJanuary 13, 2020March 18, 2020 Saudi Arabia achieved 36% epayments out of all payments in 2019 against a target of 28% for 2020. Is this growth sustainable?... Read more
FintechSaudi epayments account for over 36% of all payments nowInternational Finance DeskNovember 27, 2019 by International Finance DeskNovember 27, 2019 SAMA is encouraging financial inclusion in the Kingdom by supporting advancements in epayments such as Mada... Read more