Fintech Saudi Partners with Kyndryl to Propel Saudi Arabia’s Fintech Sector 📱

In a strategic collaboration poised to boost Saudi Arabia’s fintech sector, Fintech Saudi has entered into an agreement with Kyndryl, a leading US-based information technology infrastructure services provider. Under the Makken program—a fintech enablement initiative supported by the Saudi Central Bank and the Capital Market Authority—Kyndryl will provide vital support to startups, offering a secure, cloud-based incubation platform. This collaboration aims to accelerate the adoption of advanced innovations in the Kingdom’s fintech industry, allowing startups to concentrate on developing prototypes and products, with Kyndryl providing the technical support and resources necessary to transform ideas into viable technological solutions. Furthermore, the partnership envisions co-hosting seminars, events, and workshops to foster knowledge sharing and networking within the fintech community, contributing to the overall growth and success of Saudi Arabia’s financial services sector.