The Saudi Arabian Monetary Authority has licensed Malaa Company for Information Technology to provide payment account information services, an open banking-related activity, bringing the number of licensed companies offering payment services in Saudi Arabia to 33.
Saudi Arabian Monetary Authority2026-07-22
Saudi Arabian Monetary Authority licenses Malaa Company for payment account information services, bringing Saudi payment service providers to 33
The Saudi Arabian Monetary Authority licensed Malaa Company for Information Technology to provide payment account information services, an open banking service, bringing the total number of licensed payment service providers in Saudi Arabia to 33.