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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 working on developing and implementing a high standard network to carry out ....

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