SAMA licenses Muwafaqa Alragmiya to provide finance aggregation services

Riyadh – Mubasher: The Saudi Central Bank (SAMA) licensed Muwafaqa Alragmiya Company to provide finance aggregation services in Saudi Arabia, according to the Saudi Press Agency (SPA).

The move reflects SAMA’s efforts to strengthen the Kingdom’s financial sector, enhance the efficiency of financial transactions, and expand innovative financial solutions that support financial inclusion.

The central bank also reiterated the importance of dealing only with licensed and authorized financial institutions, noting that a list of approved entities is available on its official website.

Source: Mubasher Source: {{details.article.source}}