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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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