The Kuwait Capital Markets Authority issued Resolution No. 192 of 2025 registering National Investments Company in its dedicated register for FinTech service providers, authorising it to provide a securities-based crowdfunding platform service. Securities-based crowdfunding, as regulated by the CMA, enables companies to raise funding from the public by offering equity interests or issuing securities for that purpose. The framework is set out in Letter Nineteen (FinTech) of the Executive Bylaws of Law No. 7 of 2010, which establishes the first package of FinTech services covering securities-based crowdfunding and automated investment advisers. The registration brings the number of registered providers of securities-based crowdfunding platforms to two, alongside Al-Mawazi Capital Company. The CMA is reviewing additional applications for securities-based crowdfunding platform services in coordination with applicants to confirm that required conditions and criteria are met before registration.
Kuwait Capital Markets Authority 2025-11-02
Kuwait Capital Markets Authority registers National Investments Company as a FinTech provider for securities-based crowdfunding platforms
The Kuwait Capital Markets Authority has registered National Investments Company as a FinTech service provider, authorizing it to offer a securities-based crowdfunding platform. This registration, under the framework of Letter Nineteen of the Executive Bylaws of Law No. 7 of 2010, brings the total number of such providers to two. The CMA is also reviewing further applications for securities-based crowdfunding services.