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Wamid acquires 51% stake in DirectFN for $35.7m - Vimarsana News

Wamid acquires 51% stake in DirectFN for $35.7m

Tadawul Advanced Solutions Company Wamid has signed a sale and purchase agreement with National 2 Ventures (N2V) to acquire 51% of the issued share capital in Direct Financial Network Company (DirectFN).

Digital payment firm Tweeq gets license to offer e-wallet services in Saudi Arabia - Vimarsana News

Digital payment firm Tweeq gets license to offer e-wallet services in Saudi Arabia

RIYADH: As Saudi Arabia aims to diversify its financial sector by accelerating development in fintech, its central bank has granted another license to a new payment technology firm, Tweeq International financial Co., to offer e-wallet services in the Kingdom.

New SABB procurement card for businesses - Vimarsana News

New SABB procurement card for businesses

Saudi British Bank has partnered with Saudi Payments and Visa to launch SABB Procurement Card, designed specifically for its corporate and business clients to manage everyday payments digitally. This is part of the bank’s ongoing efforts to provide banking products and services that meet the highest standards for all customers. The newly introduced procurement card enables

Future of funds and debt capital market discussed in FSC Talks-3 - Vimarsana News

Future of funds and debt capital market discussed in FSC Talks-3

It was organized by the partners of the Financial Sector Development Program (Ministry of Finance, the Saudi Central Bank, and the Capital Market Authority), in the presence of more than 300 experts and specialists in the financial and business sectors, investment funds management, and the debt market.

SABB launches new prepaid procurement card for corporates - Vimarsana News

SABB launches new prepaid procurement card for corporates

The Saudi British Bank (SABB) has partnered with Saudi Payments & Visa to launch SABB Procurement Card, designed specifically for its corporate and business clients to manage everyday payments digitally.