Rasan gets SAMA approval to establish digital finance brokerage

08:44 AM (Mecca time) Argaam
Rasan obtained initial approval from the Saudi Central Bank (SAMA) to establish a digital finance brokerage

Rasan obtained initial approval from the Saudi Central Bank (SAMA) to establish a digital finance brokerage

Rasan Information Technology Co. received initial approval on Nov. 18 from the Saudi Central Bank (SAMA) to establish Next Fin Solutions Co.

 

The new entity will be wholly owned by Rasan and will operate as a digital finance brokerage, the company said in a statement to Tadawul today, Nov. 19.

 

It added that Rasan will begin the regulatory procedures required to establish Next Fin Solutions.

 

This step aligns with the company’s strategic objectives to expand, enter new markets, and support its overall business goals while driving the future growth of its operations.

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