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The Saudi Central Bank (SAMA) licensed “Mal for Finance Aggregator Service" company to provide finance aggregation services. With Mal for Finance Aggregation Service, there are now (4) licensed companies offering finance aggregation services.
This decision reflects SAMA's endeavor to support the financial sector, increase the efficiency of financial transactions, and promote innovative financial solutions for financial inclusion in Saudi Arabia.
SAMA emphasizes the importance of dealing exclusively with authorized financial institutions. To view licensed and permitted financial institutions, visit SAMA's official website.
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