SAMA Regulatory Sandbox

A government or industry programme. Programme of the Saudi Central Bank that lets fintech firms test products under regulatory supervision. 3 companies on TechScoop are recorded with SAMA Regulatory Sandbox.

  • Hala — Business accounts, card issuing, POS payments and financing for Saudi SMEs
  • Tamara — Riyadh-based buy now, pay later and consumer finance company that lets shoppers split purchases into instalments at partner merchants in Saudi Arabia, the UAE, Kuwait and Bahrain. Founded in 2020, it holds a SAMA consumer finance licence.
  • Wadaie — Sharia-compliant time deposits across Saudi banks on one platform