68% of consumers have abandoned an online application for financial services, onboarding abandonment rates are reported as high as 63%, KYC now consumes roughly 3% of a bank’s total operational cost base, and one institution that rebuilt its digital account...Read More

Around 42% of Saudi consumers have used a buy-now-pay-later service, SAMA has licensed 67 finance companies for BNPL activity under its 2023 framework, and Tamara secured a Shariah-compliant financing package worth up to USD 2.4 billion from Goldman Sachs, Citi...Read More

Roughly 63% of Saudi nationals are under 35, smartphone penetration is heading toward 95% across some 36 million users, and D360 Bank went from a December 2024 launch to more than two million customers inside a single year while Barq,...Read More