Financial Sector Development Program

The Vision 2030 program that sets the sector targets — including 525 active fintechs by 2030, and the 70%-digital-retail-payments target that was passed early.

3 ACTIVITIESSCOPE

2017SINCE

ACTIVITIES CLEARED FOR

Payments & acquiringOpen banking servicesDigital banking

WHY THERE IS NO ACTIVITY LIST

HOW IT GOT HERE

2017 — Launched as a Vision 2030 realisation program for the financial sector.2025 — Digital retail payments passed 85%, against a 70%-by-2025 target — met early and then exceeded.CURRENT — Holds the sector targets, including 525 active fintechs in the Kingdom by 2030.

HOW TO ENGAGE

2 ROUTES

Enablers publish programme calendars and application windows. Most run on cohort intake rather than rolling applications.

PROGRAMME

Programme or accelerator intake

Structured support — mentoring, market access, and in some cases funding — delivered in cohorts rather than continuously.

WHAT YOU WILL BE ASKED FOR

Registered entity
A product at the stage the programme is scoped for
Founder time; these are not passive programmes

CHECK THE PUBLISHED INTAKE CALENDAR · TYPICAL TIMEFRAME COHORT-BASED

FUNDING

Funding or soft loan

Non-dilutive or concessional capital, usually tied to milestones and local hiring.

WHAT YOU WILL BE ASKED FOR

Audited or reviewed financials
A use-of-funds plan tied to milestones
Evidence of local economic contribution

VIA THE PROGRAMME’S APPLICATION PORTAL · TYPICAL TIMEFRAME 3–6 MONTHS