.
.
.
.

Saudi central bank licenses two more fintech companies to provide payment services

Published: Updated:

The Saudi Central Bank said on Tuesday it has granted licenses to two more financial technology companies, International Digital Solutions Co and Azm Fintech Co, to provide payments services, boosting the total number of such licenses to 13.

For the latest headlines, follow our Google News channel online or via the app.

Financial centers in the Gulf region are looking to cultivate a financial startup scene to position themselves as regional powerhouses in financial technology, or fintech.

Read more:

Gulf Capital buys majority stake in US health tech firms for $60 mln, plans to expand

Abu Dhabi begins work on the UAE’s first quantum computer

Russian Soyuz rocket launches into space with satellites from Saudi Arabia, UAE