The Saudi Central Bank licenses for the “credit care” company to practice the digital mediation activity for the financing authorities

On 23/03/2025, the Saudi Central Bank issued an update regarding The Saudi Central Bank licenses for the credit care company to practice the digital mediation activity for the financing authorities. This decision aims to support and empower the financial sector, promote innovation in financial services, and enhance overall financial inclusion in the kingdom. The licensed companies now total 5, with the goal of reaching a broader audience and increasing the efficiency and effectiveness of financial transactions in Saudi Arabia.