Startup Wrap — SAMA grants permits for two fintechs to provide Open Banking services; Zywa prepares to launch in Saudi Arabia
CAIRO: The Saudi Central Bank has granted permits for two fintech startups, Saudi-based Lean Technologies and Mod5r, to provide open banking solutions.
Bringing the total number of permitted companies operating under its regulatory SandBox to 38, SAMA — as the central bank is also known — is currently…