Tag: Saudi Arabia

The Saudi Capital Market Authority has approved two robo-advisory services to being opperations in the country.

Gulf Capital has secured a strategic stake in electronic payment solution provider Saudi Geidea, in a deal worth over one billion Saudi Riyals ($266m).

Blockchain-based payments solution Ripple has formed an agreement with Saudi Arabian Monetary Authority to support the use of xCurrent.

Dubai-based insurance and loan comparison company Souqalmal has closed a $10m Series B round of funding.

Sharia compliant P2P-lending platform Beehive has secured a $5m Series A led by Riyad TAQNIA fund.