finpeel Answers · KSA · updated 2026-08-14
Yes, if your company itself extends regulated finance to customers and no specific alternative category applies. Digital delivery does not remove the SAMA licensing requirement that applies to the underlying financing activity.
Different models can fall under finance-company, BNPL, debt-crowdfunding or bank frameworks depending on who lends and how the credit is structured.
A fintech acting only as technology or an approved service channel for a licensed lender can have a different position, but should not book the loan or make the regulated credit decision unless permitted.
Regulator: Saudi Central Bank (SAMA)
Primary sources: SAMA — Finance Companies Control Law and Rules
Directional — not legal advice. Verify with the regulator before committing.
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