Fin Tech Focus

Fin Tech Focus




KSA issues its first FinTech licences

February 5 - 11 , 2020
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Saudi Telecom Company (stc)’s electronic payment subsidiary (stc pay) has obtained a FinTech license as an e-wallet from the Saudi Arabian Monetary Authority (SAMA), making it the first of two licensed FinTech companies in Saudi Arabia (KSA).