“Can a SAMA-licensed digital wallet become a leading consumer payments brand in Saudi Arabia?”
Loop (loop.sa) is a Saudi Arabia-based digital payments company operating a digital wallet under license from the Saudi Central Bank (SAMA). The trademark 'loop' is registered with the Saudi Authority for Intellectual Property and the operating entity is Digital Payments Company for Financial Technology, headquartered in Riyadh.
Loop discloses Loop / Digital Payments Company (in-house, SAMA-licensed) as its banking provider, according to the Embedded Finance Index 2026.
Loop does not disclose a bank charter of its own; its banking services are provided through Loop / Digital Payments Company (in-house, SAMA-licensed).
Loop processes payments through Loop Wallet (self-operated).
The Embedded Finance Index 2026 maps 2 layers in Loop's stack: Payments / PSP (Loop Wallet (self-operated)); Banking / BaaS (Loop / Digital Payments Company (in-house, SAMA-licensed)).
Loop is headquartered in Riyadh, Saudi Arabia.
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