The Social Development Bank has launched the FintechHub program in partnership with the United Nations Conference on Trade and Development (UNCTAD) and the Empretec program, with the support of Fintech Saudi. This initiative is the first of its kind aimed at empowering future leaders in the financial technology sector.
Held from September 8 to 12 in Riyadh, FintechHub focuses on fostering innovation in financial technology by developing a comprehensive economic ecosystem. It supports startups and ambitious entrepreneurs by providing access to the latest trends, knowledge, and tools necessary for developing their projects and achieving sustainable success.
The program reflects the bank’s collaboration with several partners and supporters in the financial technology sector, including Fintech Saudi, which plays a crucial role in enhancing the financial technology ecosystem in the Kingdom. This initiative is backed by certified trainers from the Empretec program and global fintech entrepreneurs, offering participants insights into the latest technologies and innovations to stay ahead of market developments. Participants also learn how to develop effective and sustainable business models that meet consumer needs and drive economic growth.
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The Social Development Bank offers a range of financial and non-financial services, savings awareness programs, capacity-building programs, and workshops for entrepreneurs and owners of small and emerging enterprises. These efforts aim to empower all target groups in their developmental and social activities, improve production efficiency, and enhance economic participation, moving towards broader horizons of comprehensive and sustainable developmental empowerment for a vibrant and productive society.
Since its establishment in 1971, the Social Development Bank has been a key pillar of development in Saudi Arabia. It has undergone significant transformations, making it one of the most important developmental institutions with a crucial and influential role in the Kingdom’s social and economic development journey.
