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Vision

To have a dynamic digital financial ecosystem that fosters financial development, thus providing sustainable support to competitive and diversified economic sectors in the Sultanate through innovation

Financial Technology (Fintech)

 

"Financial Technology (Fintech) refers to the usage of modern technologies in the provision of financial services and products. Fintech encompasses innovative practices that develop the provision of new or existing financial products and services, by reducing costs, enhancing security, and improving financial inclusion, thus spurring financial development and economic growth. The rapid technological developments have been transforming the financial sector in an unprecedented manner, and the adaptation to these changes has become inevitable. The Central Bank of Oman has therefore been prioritizing the development of Fintech and enhancement of innovation in the financial sector through the introduction of suitable regulatory frameworks and approaches including the Fintech Regulatory Sandbox project and others in the pipeline." 

Fintech Regulatory Sandbox

 




The first Fintech Regulatory Sandbox cohort is now closed. The next cohort will be announced shortly.

Regulatory Sandbox Register

The following is the current FinTech Regulatory Sandbox Approved Company and the Authorization Date joining the sandbox.

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Date of Joining: 13 January 2022

Location of the Company: Al Ebda Technology Al Hadith L.L.C, Ghala Bousher, Muscat, Sultanate of Oman, PO Box: 649, Postal Code:130


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