Saudi Arabia grants first digital banking licences
STC Pay and ARTAR given green light by central bank.
STC Pay
Western Union snaps up 15% stake in Saudi telco’s payments arm
Currently Western Union provides stc pay with money transfer services.
Moven and STC Pay plan challenger bank in Saudi Arabia
Moven founder announces new bank on social media.
Western Union expands into Asia with Kyodia and Hanpass partnership
The collaborations are live with payout functionality.
