Saudi Arabia is advancing its role as a leading regional fintech hub, with the Capital Market Authority (CMA) granting 68 experimental permits by the end of Q2 2025. Of these, 50 companies are registered under the CMA’s Fintech Lab.
The Fintech Lab has enabled firms to pilot solutions under regulatory oversight. Areas of focus include securities crowdfunding, digital trading platforms, and emerging technologies such as social trading and AI-powered advisory services.
This initiative reflects the Kingdom’s drive to build a financial ecosystem that is innovation-ready and attractive to both domestic and international investment.
Gulf Economist Staff Writer