Riyadh - Sharikat Mubasher: The Saudi Central Bank (SAMA) licensed financial startup, Dufaa Financing Company, to provide consumer finance activities in Saudi Arabia, bringing the total number of SAMA-licensed finance companies in the Kingdom to 73.

This decision underscores SAMA’s commitment to supporting and enabling the finance sector, increasing the efficiency of financial transactions, and promoting innovative financial solutions for financial inclusion in Saudi Arabia, SAMA stated in an official statement yesterday.

Founded in 2025, Dufaa delivers technology-driven digital solutions to provide a seamless, transparent financing experience.

SAMA plays a pivotal role in transforming Saudi Arabia’s financial sector into a robust, innovative, and globally integrated system. Aligned with Vision 2030, the apex bank has implemented comprehensive reforms to enhance financial stability, promote digital banking, and expand access to financial services.