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STC Bank becomes founding partner of Saudi Arabia’s 24 Fintech event

During its participation at 24 Fintech, STC Bank will showcase its offerings and services
STC Bank becomes founding partner of Saudi Arabia’s 24 Fintech event
Visitors will be able to download the STC Bank application, pre-register, and gain early access once the bank launches later this year (Image: 24 Fintech)

STC Bank, Saudi Arabia’s newest and first digital bank, has become a founding partner of 24 Fintech, Saudi Arabia’s new flagship fintech event. The conference will host finance, policy, technology and investment leaders from around the world in Riyadh. The annual event is set to boost Riyadh’s global financial technology ambitions and demonstrate Saudi Arabia’s commitment to shaping the future of finance.

Early access to bank’s offerings

24 Fintech will tackle key issues including governance, risk and policy, cybersecurity, global interoperability, and innovation in payments. The event also features four unique streams: the Executive Summit, 24° Trends, the Futures Forum, and Fintech Fusion.

During its participation at 24 Fintech, STC Bank will showcase its offerings and services. Visitors will be able to download the STC Bank application, pre-register, and gain early access once the bank launches later this year.

STC Bank has evolved from the highly successful stc pay, Saudi Arabia’s first and most popular digital wallet, and has been available to a select group of customers following SAMA’s approval in April 2024. The bank will expand its offerings to include a full suite of banking products, building on the innovations and services that stc pay offers.

Read: UAE approves consolidated financial statistics for 2023 with $39.2 billion government surplus 

24 Fintech

The financial technology sector is a key driver in enhancing and developing the efficiency of financial products and services. Therefore, its development aligns with the current technological revolution and the Kingdom’s developmental and economic goals.

With an aim of attracting over 26,000 participants, 300 exhibitors and 350 investors, the 24 Fintech conference is gearing up to become one of the largest financial technology gatherings in Asia, Europe, and North Africa. The first edition of the event commences today, Tuesday, at the Riyadh Front Exhibition and Conference Center and will conclude on September 5.

The 24 Fintech conference will offer 175 hours of special content which an expert panel oversees. This positions it as a prominent competitor to the world’s leading fintech conferences. It will also host a group of regulatory bodies, policymakers, investors, technology experts, and academics. Moreover, it provides a platform for global stakeholders to collaborate in driving the collective transformation of the financial technology industry.

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