In 2022, the number of fintech companies licensed by the Saudi Arabian Monetary Authority (SAMA) stood at 30, almost double the amount compared to the previous year. Before 2020, there were less than thirty fintech companies authorized by the SAMA to operate within the country, and zero were licensed. Since 2020, however, fourteen companies were licensed, and subsequently, there has been a rise is both licensed and authorized companies within the country.
Number of licensed and authorized fintech companies by SAMA in Saudi Arabia from 2018 to 2022
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Saudi Central Bank. (September 4, 2023). Number of licensed and authorized fintech companies by SAMA in Saudi Arabia from 2018 to 2022 [Graph]. In Statista. Retrieved November 19, 2024, from https://www.statista.com/statistics/1422417/saudi-arabia-sama-licensed-authorized-fintech-companies/
Saudi Central Bank. "Number of licensed and authorized fintech companies by SAMA in Saudi Arabia from 2018 to 2022." Chart. September 4, 2023. Statista. Accessed November 19, 2024. https://www.statista.com/statistics/1422417/saudi-arabia-sama-licensed-authorized-fintech-companies/
Saudi Central Bank. (2023). Number of licensed and authorized fintech companies by SAMA in Saudi Arabia from 2018 to 2022. Statista. Statista Inc.. Accessed: November 19, 2024. https://www.statista.com/statistics/1422417/saudi-arabia-sama-licensed-authorized-fintech-companies/
Saudi Central Bank. "Number of Licensed and Authorized Fintech Companies by Sama in Saudi Arabia from 2018 to 2022." Statista, Statista Inc., 4 Sep 2023, https://www.statista.com/statistics/1422417/saudi-arabia-sama-licensed-authorized-fintech-companies/
Saudi Central Bank, Number of licensed and authorized fintech companies by SAMA in Saudi Arabia from 2018 to 2022 Statista, https://www.statista.com/statistics/1422417/saudi-arabia-sama-licensed-authorized-fintech-companies/ (last visited November 19, 2024)
Number of licensed and authorized fintech companies by SAMA in Saudi Arabia from 2018 to 2022 [Graph], Saudi Central Bank, September 4, 2023. [Online]. Available: https://www.statista.com/statistics/1422417/saudi-arabia-sama-licensed-authorized-fintech-companies/