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SAMA: Fintech Investments Surpass 30B Riyals
The Governor of the Saudi Central Bank (SAMA), Ayman bin Mohammed Al-Sayari, confirmed that the fintech sector in the Kingdom is experiencing exceptional growth. By the end of August 2026, there were 371 companies operating in the fintech field, and the cumulative investments in the sector exceeded 30 billion riyals as of mid-2026, with an expectation of an upcoming major investment announcement. He also noted that digital payments constituted 85% of all payment transactions in the Saudi market by the end of 2025. Furthermore, developments in artificial intelligence are creating a new reality for the global financial sector, emphasizing that trust remains fundamental to the success of these innovations. Al-Sayari affirmed the Central Bank’s commitment to fostering innovation while maintaining the Kingdom’s economic stability.
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