SAMA Approves 4 FinTech Startups for Regulatory Sandbox

KSA, 25 February, 2025 :  The Saudi Central Bank (SAMA) has granted approval to four FinTech startups to test their solutions within its Regulatory Sandbox. The startups include SpireTech (open banking), The Lending Hub and Soar (peer-to-peer lending), and Ldun (micro, small, and medium enterprises factoring).

This move reflects SAMA's ongoing efforts to advance Saudi Arabia’s FinTech sector, fostering innovation and financial inclusion.

For a list of licensed and permitted financial institutions, visit SAMA's official website.