Riyadh – Sharikat Mubasher: Etihad GO Telecom Co. announced that its subsidiary, GO Money (Alhulul Almuntilaqa), has received final approval from the Saudi Central Bank (SAMA) to launch micro-consumer financing services in the Kingdom. The approval was granted on 28 January, according to a disclosure filed with Tadawul by the company.

GO Money will begin operations with a paid-up capital of SAR 20 million. The company said the new entity aims to offer accessible micro-financing solutions to consumers, contributing to the growth of Saudi Arabia’s digital financial services ecosystem.

The move aligns with the objectives of Saudi Vision 2030, particularly efforts to expand financial inclusion and support innovation in the fintech sector, while also supporting GO Telecom’s broader strategic direction.

GO Telecom noted that the financial impact of the new subsidiary will be reflected in its consolidated financial statements once GO Money officially commences operations.