SAMA greenlights Mal for Finance to offer finance aggregation services

NOHA.GAD
Nov 10, 2024

Riyadh - Sharikat Mubasher: The Saudi Central Bank (SAMA) granted license to Mal for Finance Aggregator Service Company to provide finance aggregation services, bringing the number of licensed providers of finance aggregation services in the Kingdom to four, a recent statement revealed.

This decision underpins the central bank’s commitment to fostering the financial sector, enhancing the efficiency of financial transactions, and promoting innovative financial solutions for financial inclusion in Saudi Arabia. 


Share

Related News

Geidea, Tarabut to develop innovative SME financing solutions
News
Calendar Icon
November 20, 2024
Geidea, Tarabut to develop innovative SME financing solutions
readmore
Egypt to enable Gulf remittances via InstaPay in 2 months
News
Calendar Icon
November 19, 2024
Egypt to enable Gulf remittances via InstaPay in 2 months
readmore
Amenli secures $2.3mn to advance insurance solutions in Egypt
News
Calendar Icon
November 18, 2024
Amenli secures $2.3mn to advance insurance solutions in Egypt
readmore
PayerMax wins Best Payments Solutions Provider award
News
Calendar Icon
November 13, 2024
PayerMax wins Best Payments Solutions Provider award
readmore
Manafa signs partnership with TDF during Biban 24
News
Calendar Icon
November 12, 2024
Manafa signs partnership with TDF during Biban 24
readmore
Fintech startup ProBuy forges several partnerships in Biban 2024
News
Calendar Icon
November 11, 2024
Fintech startup ProBuy forges several partnerships in Biban 2024
readmore
SAMA greenlights Mal for Finance to offer finance aggregation services
News
Calendar Icon
November 10, 2024
SAMA greenlights Mal for Finance to offer finance aggregation services
readmore
Alanazi: Nqoodlet eyes offering all financial solutions to back startups
News
Calendar Icon
November 7, 2024
Alanazi: Nqoodlet eyes offering all financial solutions to back startups
readmore
Al Bashiri: Boost partners with several entities in financial sector
News
Calendar Icon
November 6, 2024
Al Bashiri: Boost partners with several entities in financial sector
readmore
SIDB eyes partnering with all Saudi financing entities to support SMEs
News
Calendar Icon
November 5, 2024
SIDB eyes partnering with all Saudi financing entities to support SMEs
readmore