RIYADH, SAUDI ARABIA -
Media OutReach Newswire
- 19 February 2025 - Sahm Capital, the first fintech-driven financial
company to secure full Capital Market Authority (CMA) licensing (license
no. 22251-25), is proud to announce its participation as a platinum
sponsor at the Capital Market Forum (CMF) 2025. Organized by the Saudi
Tadawul Group, CMF 2025 took place from February 18–20, 2025, in Riyadh,
Saudi Arabia, serving as a premier global platform for fostering
interconnectedness between key financial markets worldwide.
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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