Social Development Bank has launched the FintechHub program in partnership with the UN Conference on Trade and Development and the Empretec program, with support from Fintech Saudi. This initiative aims to empower future leaders in financial technology.
Held from September 8 to 12 in Riyadh, FintechHub focuses on fostering innovation in fintech by developing a comprehensive economic ecosystem. It supports startups and ambitious entrepreneurs, offering them access to the latest trends and tools necessary for sustainable success.
The program showcases the bank’s collaboration with key fintech sector partners, including Fintech Saudi, which plays a crucial role in enhancing the fintech ecosystem in the Kingdom. Supported by certified trainers and global fintech entrepreneurs, participants gain knowledge of cutting-edge technologies and innovations, enabling them to stay ahead of market developments and create effective, sustainable business models that meet consumer needs and drive economic growth.
In addition to financial services, the bank provides non-financial services, savings awareness programs, capacity-building initiatives, and workshops for entrepreneurs and small business owners. These efforts aim to empower target groups, enhance production efficiency, and maximize economic participation, contributing to comprehensive and sustainable developmental empowerment for a vibrant and productive society.
Since its establishment in 1971, Social Development Bank has been a cornerstone of development in Saudi Arabia. The bank has undergone significant transformations, positioning it as a leading institution in driving social and economic development.