2017年12月12日，CMA宣布推出金融技术实验许可证（FinTech ExPermit），并于2018年2月开放了第一批FinTech ExPermit申请。
As a continuous effort to promote FinTech innovation in the capital market, the Capital Market Authority (CMA) is pleased to welcome applications for the 2nd batch for the FinTech ExPermits with effect from 15/10/2018. The application period for the 2nd batch will be closed on 15/12/2018.
Under this regulation, the Authority announced on 11/12/2017 the establishment of the Financial Technology Experimental Permit (FinTech ExPermit) and opened the first batch of applications for a FinTech ExPermit in February of this year. The CMA had received number of FinTech applications and had on 10/07/2018 granted the FinTech ExPermit to two (2) applicants to create equity crowdfunding platform.
In continuation of the CMA's role in regulating and developing the Capital Market, enhancing the role of the capital market in further supporting the Saudi economy and providing a supportive regulatory environment in light of the rapid development of Financial Technology (FinTech) in the capital market which supports providing new finance methods for investors as part of the CMA's strategy in facilitating funds which works under the umbrella of the financial development sector program - a Saudi vison 2030 executing program.