Fintech as a Saudi Economy Booster Towards the Kingdom Vision 2030

The use of the technology in the Financial industry is creating new business opportunities for local talent and contribute to the financial growth of the Saudi’ economy. In order to support this niche business, Saudi authorities are adapting its framework rules and regulations on financial transactions, creating a friendly environment for investments in the Fintech. The Sandbox is another aspect of this national initiative to make sure that the fintech platform preserves the rights of its customers.