{"id":52500,"date":"2022-08-24T21:43:55","date_gmt":"2022-08-24T21:43:55","guid":{"rendered":"https:\/\/www.africannewspaper.net\/2022\/08\/24\/saudi-central-bank-grants-license-to-two-new-fintech-firms-the-north-africa-post\/"},"modified":"2022-08-24T21:44:01","modified_gmt":"2022-08-24T21:44:01","slug":"saudi-central-bank-grants-license-to-two-new-fintech-firms-the-north-africa-post","status":"publish","type":"post","link":"https:\/\/www.africannewspaper.net\/2022\/08\/24\/saudi-central-bank-grants-license-to-two-new-fintech-firms-the-north-africa-post\/","title":{"rendered":"Saudi central bank grants license to two new fintech firms \u2013 The North Africa Post"},"content":{"rendered":"\n<div>\n<p>The Saudi Central Bank (SAMA) Tuesday issued operation permits to \u201cLean Technologies\u201d and \u201cMod5r\u201d, two companies which will provide Open Banking Solutions.<\/p>\n<p>The permits are in line with the Council of Ministers\u2019 decision in the second quarter of 2022, which provides for the adoption of the Fintech Strategy containing the supreme directive order for the Kingdom of Saudi Arabia to be among the leading countries in the field of Fintech.<\/p>\n<p>Regulatory Sandbox, the central bank\u2019s regulator, with the two new permits, now has 38 fintech firms under its control.<\/p>\n<p>The issuance of the permits completes a series of actions undertaken to conquer a stack of strategic objectives including activating SAMA\u2019s sandbox environment role to the realization of the Kingdom\u2019s Vision 2030 goals through the Financial Sector Development Program (FSDP).<\/p>\n<p>The FSDP is a bold program that aims to promote economic growth, savings, investment activities and financial inclusion.<\/p>\n<\/div>\n<p>Source: <a href=\"https:\/\/northafricapost.com\/60130-saudi-central-bank-grants-license-to-two-new-fintech-firms.html\">north africa post<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Saudi Central Bank (SAMA) Tuesday issued operation permits to \u201cLean Technologies\u201d and \u201cMod5r\u201d, two companies which will provide Open Banking Solutions. The permits are in line with the Council of Ministers\u2019 decision in the second quarter of 2022, which provides for the adoption of the Fintech Strategy containing the supreme directive order for the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v17.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Saudi central bank grants license to two new fintech firms \u2013 The North Africa Post - African News Paper<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africannewspaper.net\/2022\/08\/24\/saudi-central-bank-grants-license-to-two-new-fintech-firms-the-north-africa-post\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Saudi central bank grants license to two new fintech firms \u2013 The North Africa Post - African News Paper\" \/>\n<meta property=\"og:description\" content=\"The Saudi Central Bank (SAMA) Tuesday issued operation permits to \u201cLean Technologies\u201d and \u201cMod5r\u201d, two companies which will provide Open Banking Solutions. The permits are in line with the Council of Ministers\u2019 decision in the second quarter of 2022, which provides for the adoption of the Fintech Strategy containing the supreme directive order for the [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africannewspaper.net\/2022\/08\/24\/saudi-central-bank-grants-license-to-two-new-fintech-firms-the-north-africa-post\/\" \/>\n<meta property=\"og:site_name\" content=\"African News Paper\" \/>\n<meta property=\"article:published_time\" content=\"2022-08-24T21:43:55+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-08-24T21:44:01+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.africannewspaper.net\/#website\",\"url\":\"https:\/\/www.africannewspaper.net\/\",\"name\":\"African News Paper\",\"description\":\"We bring Africa Closer To you\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.africannewspaper.net\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africannewspaper.net\/2022\/08\/24\/saudi-central-bank-grants-license-to-two-new-fintech-firms-the-north-africa-post\/#webpage\",\"url\":\"https:\/\/www.africannewspaper.net\/2022\/08\/24\/saudi-central-bank-grants-license-to-two-new-fintech-firms-the-north-africa-post\/\",\"name\":\"Saudi central bank grants license to two new fintech firms \\u2013 The North Africa Post - African News Paper\",\"isPartOf\":{\"@id\":\"https:\/\/www.africannewspaper.net\/#website\"},\"datePublished\":\"2022-08-24T21:43:55+00:00\",\"dateModified\":\"2022-08-24T21:44:01+00:00\",\"author\":{\"@id\":\"https:\/\/www.africannewspaper.net\/#\/schema\/person\/19893f3a11e0429bf3219300d406960a\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.africannewspaper.net\/2022\/08\/24\/saudi-central-bank-grants-license-to-two-new-fintech-firms-the-north-africa-post\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.africannewspaper.net\/2022\/08\/24\/saudi-central-bank-grants-license-to-two-new-fintech-firms-the-north-africa-post\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.africannewspaper.net\/2022\/08\/24\/saudi-central-bank-grants-license-to-two-new-fintech-firms-the-north-africa-post\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.africannewspaper.net\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Saudi central bank grants license to two new fintech firms \\u2013 The North Africa Post\"}]},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.africannewspaper.net\/#\/schema\/person\/19893f3a11e0429bf3219300d406960a\",\"name\":\"admin\",\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/www.africannewspaper.net\/#personlogo\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/e23d29bdcdae20b5bf12dca33252ec65?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/e23d29bdcdae20b5bf12dca33252ec65?s=96&d=mm&r=g\",\"caption\":\"admin\"},\"sameAs\":[\"https:\/\/africannewspaper.net\"],\"url\":\"https:\/\/www.africannewspaper.net\/author\/admin\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Saudi central bank grants license to two new fintech firms \u2013 The North Africa Post - African News Paper","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.africannewspaper.net\/2022\/08\/24\/saudi-central-bank-grants-license-to-two-new-fintech-firms-the-north-africa-post\/","og_locale":"en_US","og_type":"article","og_title":"Saudi central bank grants license to two new fintech firms \u2013 The North Africa Post - African News Paper","og_description":"The Saudi Central Bank (SAMA) Tuesday issued operation permits to \u201cLean Technologies\u201d and \u201cMod5r\u201d, two companies which will provide Open Banking Solutions. 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