SAMA Licenses Finance Aggregation Service Provider

The Saudi Central Bank (SAMA) has licensed Mal for Finance Aggregator Service to provide finance aggregation services. With the addition of Mal for Finance Aggregator Service, there are now four licensed companies offering finance aggregation services.
In a press release issued by SAMA, this decision reflects SAMA’s commitment to supporting the financial sector, increasing the efficiency of financial transactions, and promoting innovative financial solutions for financial inclusion in Saudi Arabia.
SAMA emphasizes the importance of dealing exclusively with authorized financial institutions. To view licensed and permitted financial institutions, visit SAMA’s official website.