This marks Sahm Capital’s second appearance as a sponsor at CMF, underscoring its commitment to expanding its presence in the domestic market and supporting Saudi Arabia’s Vision 2030. The initiative aims to diversify the economy, empower citizens, attract investors, and establish Saudi Arabia as a global leader in innovation and sustainability.
Founded in 2022 and fully licensed by the CMA, Sahm Capital has rapidly grown into a leading fintech player. In October 2023, the company received licenses for Dealing, Advising, and Custody services, followed by the launch of the Sahm trading app in December 2023. The app, a first-of-its-kind platform, has already surpassed 1 million users, making it one of the fastest-growing trading platforms in the region.
In addition to its brokerage licenses, Sahm Capital secured Managing and Arranging licenses from the CMA in October 2024, positioning the company to offer a wide range of financial services, such as investment banking, managing investments and operating funds. Backed by Valuable Capital Group, a multinational entity with regulatory expertise in Hong Kong, Singapore, and the United States, Sahm Capital leverages its global network to deliver comprehensive financial services to a broader investor base.
Hadeel Bedeeri, General Manager of Sahm Capital, commented: “After three years of deepening our roots in Saudi Arabia, we are honoured to be embraced by over a million users. This achievement boosts our confidence as we look to serve a broader audience across the Arab world with high-quality financial services, aiming to help every investor realize their full potential in a thriving, opportunity-rich capital market.”
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The issuer is solely responsible for the content of this announcement.
Sahm Capital
Sahm Capital, registered in Riyadh, holds full regulatory licenses from the Capital Market Authority (CMA) to provide Dealing, Advising, Custody, Arranging, and Managing Investments and Operating Funds Activities in the Securities Business services (license no. 22251-25). As the first fintech-driven financial company to achieve full CMA licensing, Sahm Capital has established itself as the fastest-growing member of the Saudi Exchange, leveraging proprietary technology and innovative financial solutions to deliver seamless, one-stop financial services. For more information, visit: www.sahmcapital.com
This article was updated 2 days ago
