The Capital Market Authority's Fintech Lab, running since 2018, is a regulatory sandbox that grants experimental permits to fintech companies in securities activities such as equity crowdfunding and robo-advisory.
About the program
The Capital Market Authority launched the Fintech Lab in 2018 to test innovative business models in the capital market under its supervision and within set controls and time limits. The lab accepts applications from local and international companies year-round through an experimental permit application form. By the end of the second quarter of 2025, the Authority had granted 68 experimental permits, 36 of those companies had started operations and 5 companies had graduated.
Regulatory sandbox issuing FinTech Experimental Permits (FinTech ExPermit); no funding. Applications by emailing the application form to Fintech.Expermit@cma.gov.sa per the official page.
What it offers
- Sectors
- Fintech
- Equity
- Takes no equity
- Format
- Rolling