Tagged: licensing

Saudi Central Bank (SAMA) Announces Licensing of Finance Firms Focused on Debt-based Crowdfunding

The Saudi Central Bank (SAMA) announced the licensing of two finance companies that are “specialized in debt-based crowdfunding, namely: Forus and Tameed.” The licenses were “granted to the companies after successful testing of their solutions in SAMA’s Regulatory Sandbox; an experimental environment dedicated to innovative… Read More

Fintech Alviere Comments on What Organizations Should Consider When Looking for Embedded Finance, BaaS Providers

Recently, we connected with the Alviere team. They discussed licensing in the embedded finance sector. According to Alviere, licensing in embedded finance is one of the most important areas in the financial industry. As explained by Alviere, the OCC is watching banking-as-a-service (BaaS) and embedded… Read More

Saudi Central Bank (SAMA) Issues License to Manafa, a Finance Company

The Saudi Central Bank (SAMA) recently announced the licensing of Manafa – a finance company specialized in debt-based crowdfunding in the Kingdom. Manafa is “a closed joint-stock company with a capital of SAR 40 million.” The license was granted to the company “after a successful… Read More

Central Bank of Kuwait Issues Digital Bank Guidelines, Initial Approvals Promised in 2022

The Central Bank of Kuwait this week released guidelines for digital banks. They said this falls within its overall efforts to utilize the latest advancements to bolster financial stability, encourage innovation, and meet future economic needs. Governor Dr. Mohammad Y. Al-Hashel said guaranteeing the smooth operation… Read More

Blockchain Software Solutions Provider Globex Signs New Licensing Agreement with Earn.re For investor Onboarding With Smartphone App

Blockchain software solutions company GlobexUS Holdings, Corp. (Globex) announced on Wednesday that Earn.re, a blockchain-based commercial real estate (CRE) financing platform, has signed a licensing agreement for Globex’s Ethereum-based KYC/AML compliance solutions to onboard and verify the platform’s investors through a company-branded smartphone app. Globex… Read More

Canada’s CoinField Debuts White Label Crypto Exchange Software Licensing Program

CoinField, a Canada-based cryptocurrency exchange, announced on Tuesday the launch of its new cryptocurrency exchange software licensing program. Founded in 2017, CoinField offers users a multi-layer and secure trading platform to trade digital assets such as bitcoin, ethereum, litecoin, ripple, dash, and bitcoin cash. “CoinField is… Read More

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