Fintech & Payments

License Number 77

July 13, 2026

SAMA approved Credit Line for micro consumer finance, taking licensed finance companies to 77 against a Vision 2030 target of 525, with fintech micro-lending capped at SR25,000 per borrower

Source: SAMA / Arab News

The takeaway: As license numbers grow toward the 2030 target, the real advantage lies in owning distribution and the customer's daily habit, which are key to winning in the lending market.

Osamah Alfadda
|
CEO

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