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
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
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 04, 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 04, 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 04, 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 04, 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/