Fintech Saudi has launched a Fintech Ecosystem Directory to provide a comprehensive database of the key support services and partners that fintech companies in the kingdom may need.
The Fintech Ecosystem Directory is divided into five main categories including investors, financial institutions, infrastructure providers, service providers, and IT providers. It includes over 32 companies together with their details such as contact information, services that can be provided and any exclusive offers or discounts that can be provided to fintechs.
Fintech Saudi was launched by the Saudi Arabian Monetary Authority in partnership with the Capital Market Authority in April 2018 to act as a catalyst for the development of the financial services technology (fintech) industry in Saudi Arabia. It has undertaken many initiatives to support Saudi Arabia’s growing fintech industry.
In October, Fintech Saudi opened applications for Fintech Accelerator, an intensive 3-month entrepreneurship program designed to help fintech communities grow and scale up their businesses.
A statement from Fintech Saudi said that at the end of November it will launch Fintech Tour 20, a cluster of high profile events aimed at increasing public engagement in the fintech industry.
Fintech companies interested in accessing the Fintech Ecosystem Directory or companies wishing to provide services to fintechs can do so via Fintech Saudi’s website
(Writing by Seban Scaria; editing by Daniel Luiz)
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© ZAWYA 2020