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Fintech News from Saudi Arabia www.fintechnews.me

25/12/2025

2025 Fintech Review: Saudi Arabia Surpasses Targets, Cashless Transactions Surge, Digital Banking Expands https://fintechnews.ae/29470/fintech-saudi-arabia/2025-fintech-review-saudi-arabia-surpasses-targets-cashless-transactions-surge-digital-banking-expands/

Cashless transactions, digital banking, and the expansion of data centers were major themes in Saudi Arabia’s fintech industry in 2025.

22/12/2025

Huawei Adds Sahm Capital Trading App to Wearables in Saudi https://fintechnews.ae/29458/fintech-saudi-arabia/huawei-sahm-capital-smartwatch-saudi-arabia/

Huawei launches the Sahm Capital smartwatch app in Saudi Arabia, offering market updates, alerts, and portfolio insights.

19/12/2025

Global Cyber Skills Gap Worsens as AI Adoption Rises https://fintechnews.ae/29417/fintech-saudi-arabia/global-cyber-skills-gap-ai-saudi-2025/

Fortinet’s 2025 report highlights Saudi Arabia’s growing cybersecurity skills gap and rising demand for certified professionals.

15/12/2025

noon Raises $500M Amid Gulf E‑Commerce Competition https://fintechnews.ae/29326/fintech-saudi-arabia/noon-raises-500m-gulf-ecommerce/

Noon, the Middle East’s e‑commerce platform, raises US$500M ahead of a potential IPO amid growing regional competition.

09/12/2025

IBM Powers Riyadh Air’s Fully AI-Driven Operations https://fintechnews.ae/29170/fintech-saudi-arabia/ibm-riyadh-air-ai-operations/

IBM and Riyadh Air partner to launch AI-driven operations, transforming employee workflows and passenger experiences.

08/12/2025

MoneyHash Partners with WalaOne to Streamline Loyalty Integration https://fintechnews.ae/29125/fintech-saudi-arabia/moneyhash-walaone-loyalty-integration/

MoneyHash and WalaOne partner to give Saudi merchants seamless loyalty integration, letting users earn and redeem points across merchants.

30/11/2025

erad Raises $125M with Jefferies to Boost SME finance in the GCC https://fintechnews.ae/28957/fintech-saudi-arabia/erad-jefferies-financing/

Free Newsletter Get the hottest Fintech Middle East News once a month in your Inbox Riyadh-based alternative financing platform erad has partnered with Jefferies, with co-investment from Channel Capital, to secure US$125 million in a credit facility aimed at expanding embedded finance solutions acro...

27/11/2025

Why a Successful Digital Wallet Works Like a Shopping Mall https://fintechnews.ae/28830/fintech-saudi-arabia/openway-digital-wallet/

Digital wallets are becoming full ecosystems, and OpenWay’s platform shows how flexible infrastructure enables new services and growth.

27/11/2025

Jeddah Fintech Week 2025 Concludes with Focus on Financial Education https://fintechnews.ae/28937/fintech-saudi-arabia/jeddah-fintech-week-2025/

Jeddah Fintech Week 2025 saw 5,000+ participants attend workshops and panels on finance, trading, and AI under royal patronage.

25/11/2025

SAB Invest and Stride Ventures Partner to Boost Saudi VC Sector https://fintechnews.ae/28483/fintech-saudi-arabia/sab-invest-stride-ventures-saudi-vc-partnership/

SAB Invest partners with India’s Stride Ventures to strengthen Saudi Arabia’s VC ecosystem and expand non-dilutive funding for startups.

25/11/2025

MoneyHash Names Abdullah Khayat as Country Director for Saudi https://fintechnews.ae/28557/fintech-saudi-arabia/moneyhash-abdullah-khayat-saudi/

MoneyHash appoints Abdullah Khayat as Country Director for Saudi Arabia to drive digital payment growth under Vision 2030.

21/11/2025

Microsoft to Collaborate with PIF and SITE on Saudi Sovereign Cloud https://fintechnews.ae/28856/fintech-saudi-arabia/pif-site-microsoft-sovereign-cloud-saudi/

PIF, SITE, Microsoft sign MoU to explore sovereign-cloud services in Saudi, boosting data security and access to cloud and AI technologies.

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