Investment management firm Makassb Company has been granted the Financial Technology Experimental Permit (FinTech ExPermit) by the Capital Market Authority (CMA) of Saudi Arabia to test its investment and real estate distribution platform.
“This authorization marks a significant milestone for our organization and partners, as we embark on an exciting new phase of growth. Our commitment to bridging the gap between investors and unique opportunities has never been stronger, and we look forward to continuing to deliver unparalleled service to our valued clients, partners and community,” commented Abdulrahman Alfarhan, the founder and CEO of Makassb. Abdulrahman noted that the firm is one of the first property investment platform in Saudi Arabia to receive the FinTech ExPermit. The platform was founded in March 2022.