Saudi Central Bank
24 Fintech to redefine the global financial ecosystem
Saudi Arabia’s position as a major fintech hub will take a stride forward tomorrow when the new three-day 24 Fintech summit and exhibition opens at the Riyadh Front Exhibition & Conference Centre.
Funding Souq to operate debt crowdfunding platform in Saudi Arabia
Funding Souq, an SME financing and investment platform, has obtained a license from the Saudi Central Bank (SAMA) to operate its debt crowdfunding platform in the Kingdom of Saudi Arabia.
Lendo secures $28M in Series B funding led by Sanabil Investments
Lendo, a Saudi Arabia-based shariah-compliant debt crowdfunding marketplace, has raised SAR 105 million ($28 million) in Series B funding led by Sanabil Investments. The round saw participation from S...
UAE Ministry of Economy partners with FOODICS to boost F&B SME growth
The UAE Ministry of Economy has recently announced a strategic partnership with FOODICS, the leading cloud-based restaurant technology and payments platform in the MENA region to foster SME growth loc...
Saudi Central Bank extends deferred payment program for additional 3 months
The Saudi Central Bank announces the extension of the Deferred Payment Program – one of SAMA’s Private Sector Financing Support Programs – for three additional months from October 1,...