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Saudi Arabia
2017 (9 Years)
Last online: No recent activity
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License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Get to know nourpay - agile in payments
Company Information
Get to know nourpay - agile in payments
nourpay is a prominent fintech company in the MENA region, operating as the financial technology arm of the Amthal Group. Originally focused on cash and ATM solutions, the company has evolved into a key player in digital payments. Licensed by the Saudi Central Bank (SAMA) and the Central Bank of the UAE (CBUAE), nourpay offers a suite of agile payment services designed to support business growth. Its main offerings include Point of Sale (POS) terminals, e-commerce payment gateways, SoftPOS solutions, and payment links, catering to the needs of SMEs and large enterprises.
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