All News and Announcements
SAMA Licenses Fintech Company Loan to Provide Consumer Microfinance Solutions
With the new licensee, there are now six authorized companies offering consumer microfinance solutions in Saudi Arabia.
IrisGuard Partners With Elm to Help Boost Financial Inclusion in the Developing World
The world's first Iris-enabled payment platform and a leading provider of innovative Government digital services collaborate for more efficient, inclusive and trusted distribution social protection payments.
SVC Launches New Investment in Fintech VC Funds Product at the Financial Sector Conference 2023
Saudi Venture Capital Company, in partnership with the Capital Market Authority and the Financial Sector Development Program has launched a new product designed to support the growth of the fintech industry in Saudi Arabia.
Grameen Credit Agricole Foundation Lends $3.7M to Assilassimé Solidarite of Togo, Agora Microfinance Zambia
The foundation has announced its disbursal of local-currency loans to Togo-based Assilassimé Solidarite in an amount approximately equivalent to $2.5 million and Agora Microfinance Zambia in an amount approximately equivalent to $1.2 million.
New Mastercard Study Reveals Rapid Shift Toward Digital Payments in Saudi Arabia
Up to 77 percent of consumers in the Kingdom spending more money online since the onset of the pandemic.
Saudi Arabian Savings App Hakbah Forms Partnership With Visa
The solution offers customers a convenient and simple method for Savings Groups’ habit.
COVID-19: FNFI Backs Nine Microfinance Institutions
The National Fund for Inclusive Finance is putting in place mechanisms to support its partnering microfinance institutions amidst the COVID-19 crisis.