Riyadh - Sharikat Mubasher: Saudi Arabia’s National Platform for Charitable Work (Ehsan) signed a memorandum of understanding (MoU) with STC Bank to develop Saudi Arabia's digital donation ecosystem.

This collaboration aims to use modern fintech solutions to enhance integration between financial and non-profit sectors, enhance operational efficiency, and maximize the social impact of charitable work by expanding giving, as reported by the Saudi Press Agency (SPA).

This milestone underscores the ongoing national efforts to empower the non-profit sector and to activate fintech’s role in supporting community initiatives, in alignment with Vision 2030 goals.

Moreover, the MoU includes offering innovative digital donation channels through the STC Bank application, enabling individuals to donate easily and securely.