Financial Technology Sector
The financial technology (FinTech) sector is a key pillar of the Kingdom’s Vision 2030, driving the diversification of the economy and the digital transformation of the financial industry. By promoting innovative financial solutions such as digital payments and wallets, FinTech reduces dependence on cash while enhancing financial inclusivity. Initiatives like Fintech Saudi Arabia position the Kingdom as a leading global center for financial technology, fostering an integrated ecosystem involving banks, investors, and government entities
To ensure a secure and transparent environment, the Saudi Central Bank and the Capital Market Authority have introduced detailed regulations addressing cybersecurity, digital payments, and consumer rights protection, further safeguarding digital transactions
At DB&CO, we provide legal counsel to FinTech startups on licensing and regulatory compliance, draft contracts and agreements, advise on data protection and cybersecurity matters, and offer legal representation in financial disputes
