Riyadh - Sharikat Mubasher: WUKAD, a Saudi-based all-in-one digital platform, announced the soft launch of its digital application ‘WUKAD’ to provide digital finance aggregation services for individuals across Saudi Arabia, after obtaining the license from the Saudi Central Bank (SAMA) in March 2026.

The WUKAD application serves as a unified digital platform that connects individuals seeking financing with licensed financing entities, enabling them to review and compare financing options and submit their requests with ease through an integrated digital experience, the company announced in a recent statement.

For financing entities, the application offers an effective digital channel to reach diverse customer segments, enhance their digital presence, and expand the reach of their financing products, ultimately supporting the digital financing market in Saudi Arabia.   

This milestone reflects WUKAD’s commitment to the highest compliance and governance standards amid the accelerating growth of the Saudi fintech sector, driven by the objectives of Saudi Vision 2030 and the Financial Sector Development Program.

Ahmed Tarboush, Managing Director at WUKAD, stated that the launch of the WUKAD application represents a significant step in advancing the digital finance aggregation market in the Kingdom by adopting a digital model that enhances competitiveness and transparency, and provides a more efficient, seamless financing experience for individuals and financing entities alike.

He affirmed that WUKAD harnesses technology to create added value for financing entities by providing advanced digital channels that accelerate the deployment of financing products.

WUKAD leverages cutting-edge technology and data insights to simplify the financing process and provide customers with clear and unbiased comparisons to choose the right financing option.