Al Amthal Financing Co., a SME lending company in the Kingdom of Saudi Arabia, has chosen Codebase Technologies, one of the world’s fastest-growing open API banking solutions providers, to launch their digital lending services in the KSA market. The project will be supported by Codebase Technologies local partner, Raqmiyat.
The collaboration will digitise the SME lending operations of Al Amthal and expand their retail lending business by utilising the cutting-edge capabilities of Codebase Technologies’ Digibanc platform, enabling the Saudi lender to offer their Retail and Corporate customers a Sharia-compliant digital onboarding, loan origination, and servicing experience.