Regulatory Partnership
Enabling rapid deployment of financial products
Our regulatory partnership enables you to swiftly launch innovative financial products leveraging our comprehensive suite of licenses. With our licensed entities in Saudi Arabia and the UAE, along with PCI-DSS certification, we provide a robust foundation for offerings such as digital wallets and card issuance.
By partnering with us, you can accelerate your go-to-market strategy, sidestepping the complexities of obtaining regulatory approvals and managing operational intricacies. You retain full control over the product terms and marketing strategies while benefiting from our deep regulatory expertise and tailored infrastructure. This empowers you to focus on your core strengths and unique value propositions, enhancing agility and competitiveness in the dynamic financial services landscape.
Regulatory Heavy Lifting
PARTNER PRODUCT
Customer facing experiences
Our partners focus on their product, Stitch allows it’s partners to ensure that they are spending their time on perfecting their user journeys rather than having to worry about the complexities of financial products.
TECH INFRASTRUCTURE
Scalable core banking system
Stitch’s core infrastructure was built to adapt to a fast-moving environment. We have our own ledger to process transactions and update financial records.
REGULATORY INFRASTRUCTURE
Built-in regulation
Stitch as a regulated institution can provide the capability for companies to skip the costly and lengthy process of becoming regulated. We handle the risky factors that would otherwise keep you exposed.
PAYMENT OPERATIONS
Onboarding & support ready
We built the entire account onboarding and identity verification process. Our team makes sure all transfers and payments run smoothly, remain compliant and on call.
Countries We Are Regulated In
We are focused on simplifying the way money moves.
Saudi Arabia (COMING SOON)
Regulator: Saudi Arabian Money Authority (SAMA)
License: Major Electronic Money Institution (EMI)
Working with these licenses, Stitch can help you launch several financial products in Saudi Arabia and the United Arab Emirates. These products include digital wallets, payment services, peer to peer transfers, cross-border funds transfer, card issuing, and several others. Stitch provides the technical infrastructure and the regulatory coverage, you handle the product experience and customer facing channels.
United Arab Emirates (COMING SOON)
Regulator: Saudi Arabian Money Authority (SAMA)
Licenses:
  • Stored Value Facilities (SVF)
  • Retail Payment Services and Card Schemes (RPSCS)