lite

Lite is a fintech company focused on transforming the payments landscape in Saudi Arabia. With a recent pre-seed funding round of 3.2 million SAR led by Scene Holding and supported by a group of angel investors, Lite is poised to contribute significantly to the country's Vision 2030 initiative. The company offers a full suite of financial services aimed at promoting a less cash-dependent economy. Lite is in the process of obtaining an Electronic Money Institution (EMI) license from the Saudi Central Bank (SAMA), ensuring that its services are both secure and compliant. By leveraging cutting-edge technology, Lite provides seamless and intelligent financial solutions to businesses, positioning itself as a key player in the digital transformation of the region's financial sector.

Keywords: fintech, payments, Saudi Arabia, Vision 2030, digital transformation, financial services, EMI license, SAMA, tech-driven, secure.