Cashless Kingdom: Saudi approves new e-wallet operator

“We’ve just launched a digital wallet business in Saudi Arabia, which is one of three licences issued recently,” says Binay Shetty, vice-chairman and CEO of BRS Ventures and executive director of Finablr. “The independent licence given by the regulator allows us to start transactions in this space.”

Euromoney.com: Cashless Kingdom: Saudi approves new e-wallet operator