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The Saudi Central Bank (SAMA) permitted four new FinTech startups to test their innovative solutions in SAMA's Regulatory Sandbox. These are: SpireTech for open banking, The Lending Hub and Soar for peer-to-peer (P2P) lending, and Ldun for micro, small and medium enterprises factoring.
This underscores SAMA's continued efforts in the development of the Saudi FinTech sector and its commitment to promoting financial inclusion and innovation.
To view licensed and permitted financial institutions, visit SAMA's official website.
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