Rasan Receives SAMA’s approval to establish new digital finance brokerage firm

user icon
GHADA.ISMAIL
calender icon
Nov 19, 2025
article image

Riyadh – Sharikat Mubasher: Rasan Information Technology Company announced that it has received initial approval from the Saudi Central Bank (SAMA) to set up “Next Fin Solutions,” a wholly owned subsidiary that will operate in digital finance brokerage.

The approval, granted on 18 November 2025, allows Rasan to begin the regulatory procedures required to establish the new entity, as per the company’s disclosure on the Saudi Exchange.

The company said the move supports its strategy to expand into new markets and strengthen its future growth by broadening its presence in the digital financial services sector.


Share

Related News

New Cheval Maison to open in Riyadh as Cheval–Ladun partnership grows
News
Calendar Icon
November 20, 2025
New Cheval Maison to open in Riyadh as Cheval–Ladun partnership grows
Read More
HUMAIN, Adobe to build AI models, AI-powered applications
News
Calendar Icon
November 20, 2025
HUMAIN, Adobe to build AI models, AI-powered applications
Read More
Saafah Foundation, Schneider Electric partner to advance sustainability, governance in Kingdom
News
Calendar Icon
November 20, 2025
Saafah Foundation, Schneider Electric partner to advance sustainability, governance in Kingdom
Read More
Waheej, Madinet Masr launch ‘Citydom’ as new joint venture
News
Calendar Icon
November 20, 2025
Waheej, Madinet Masr launch ‘Citydom’ as new joint venture
Read More
HUMIAN leads $900mn series C round for Luma AI
News
Calendar Icon
November 20, 2025
HUMIAN leads $900mn series C round for Luma AI
Read More
Secure.com closes $45mn funding to expand AI security agents
News
Calendar Icon
November 20, 2025
Secure.com closes $45mn funding to expand AI security agents
Read More
PIF, SITE, Microsoft sign MoU to explore sovereign cloud services in Kingdom
News
Calendar Icon
November 20, 2025
PIF, SITE, Microsoft sign MoU to explore sovereign cloud services in Kingdom
Read More
Monsha’at kicks off participation at Slush 2025 in Helsinki
News
Calendar Icon
November 20, 2025
Monsha’at kicks off participation at Slush 2025 in Helsinki
Read More
HUMAIN partners with AMD, Cisco to power Kingdom’s AI future
News
Calendar Icon
November 20, 2025
HUMAIN partners with AMD, Cisco to power Kingdom’s AI future
Read More
THC, Archer Aviation, RSG partner to bring eVTOL aircraft in Saudi Arabia
News
Calendar Icon
November 19, 2025
THC, Archer Aviation, RSG partner to bring eVTOL aircraft in Saudi Arabia
Read More