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Is Malaa a regulated financial institution?
Is Malaa a regulated financial institution?

Malaa permits for Open Banking and Robo-advisory services

Faisal Alqarni avatar
Written by Faisal Alqarni
Updated over a week ago

Malaa Information Technologies LLC and Malaa Financial Technology For Securities LLC are both registered in the Kingdom of Saudi Arabia. Our Open Banking services for saving and expense tracking are provided to clients by Malaa Technologies, a SAMA regulated entity under the Sandbox License. Our investment services are provided to clients by Malaa Securities, a CMA-regulated entity under the FintechLab License.

You can check the permit of Open Banking activities through this link:

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