Technology news and insights in the Middle East, South Asia, and Africa
Technology News and insights in the Middle East, South Asia, and Africa
Money20/20 Middle East will debut in Riyadh this September with founding partners including AlRajhi Bank, Riyad Bank, STC Bank, Saudi National Bank, Tamara, Visa, and Vision Bank. The event expects 45,000+ attendees, 600 investors, and 450 exhibitors, cementing Saudi Arabia’s role as a rising global fintech hub.
Saudi Arabia’s Capital Market Authority has launched a consultation on draft rules to allow financial institutions to provide robo-advisory services. The initiative supports fintech growth, expands investment options, and reflects the Kingdom’s push toward modern, technology-driven financial markets.
MoneyGram and tiqmo join forces to offer seamless international money transfers across Saudi Arabia, advancing financial inclusion and supporting Vision 2030’s digital finance ambitions.
HyperPay has secured a licence from the Saudi Central Bank (SAMA) to advance digital payment services in Saudi Arabia. This move supports the company’s expansion and aligns with Vision 2030, aiming to enhance financial efficiency and inclusion. HyperPay also plans to go public in Saudi Arabia by 2025.