Tag: Saudi Central Bank

Regulatory change drives AI adoption in MENA banking

The Middle East and North Africa’s banking sector is experiencing a major shift as regulatory demands intensify and digital transformation accelerates. Financial institutions are...

MoneyGram and tiqmo unite for Saudi remittance expansion

MoneyGram has announced a new partnership with tiqmo, one of Saudi Arabia’s fastest-growing digital wallets, to enhance cross-border money transfers.

Saudi debt crowdfunding platform Lendo secures $690m facility from J.P. Morgan

Saudi Arabia-based FinTech Lendo, a debt crowdfunding platform, has secured a $690m (SAR 2.6bn) warehouse facility led by J.P. Morgan.

Saudi Arabia's FinTech investment more than doubles in 2023 despite global drop Key Saudi FinTech investment stats in 2023: • Saudi FinTech companies raised a combined...

Lendo secures $28m in Series B funding for Shariah-compliant crowdfunding

Lendo, a Saudi Arabia-based FinTech company specialising in Shariah-compliant debt crowdfunding, has successfully secured a substantial Series B funding of SAR 105m ($28 million).

120,000+ FinTech leaders get exclusive industry stories delivered every week