STC Bank Joins as Founding Partner of Saudi Arabia’s Flagship Fintech Event, 24 Fintech
STC Bank, Saudi Arabia’s newest and first fully digital bank, has announced its role as a Founding Partner of 24 Fintech, the country’s premier fintech event. Scheduled to take place from September 3-5, 2024, at the Roshn Front Exhibition & Conference Center in Riyadh, 24 Fintech will gather leaders from finance, policy, technology, and investment sectors worldwide.
As a key player in the STC Group’s digital innovation portfolio, STC Bank (formerly stc pay) received approval from the Saudi Central Bank (SAMA) in April 2024 and is preparing to officially launch its commercial services later this year. The bank, already available to select customers, will soon offer a full range of banking products, building on the success of stc pay, Saudi Arabia’s first and most popular digital wallet.
24 Fintech is set to elevate Riyadh’s role in the global financial technology sector, reflecting Saudi Arabia’s commitment to shaping the future of finance. The event will address critical issues such as governance, risk management, cybersecurity, global interoperability, and payment innovations. It will feature four specialized streams: the Executive Summit, 24° Trends, the Futures Forum, and Fintech Fusion.
As a Founding Partner, STC Bank will showcase its offerings and services at the event. Attendees can download the STC Bank app, pre-register, and gain early access once the bank’s services go live later this year.
By supporting 24 Fintech, STC Bank aims to strengthen Saudi Arabia’s position as a leading fintech hub while fostering discussions on the challenges and opportunities shaping the industry.
