Core banking platform for Saudi digital finance programs
Finpace helps financial institutions in Saudi Arabia modernize banking operations and launch new digital propositions on a controlled core platform.
The platform supports the operating layer behind digital banks, wallets and financial services, giving institutions the control to move from strategy to production with confidence.
Core banking, wallets, digital channels and delivery ownership
Technology foundation for regulated digital banking
Own the core behind the digital product
Finpace provides the core banking infrastructure for institutions building new digital propositions or modernizing existing banking operations in Saudi Arabia.
The platform gives the institution a controlled environment for product management, account operations, ledger integrity and digital service delivery. Customer channels, operational workflows and back-office administration work from the same foundation.
It is designed for programs where launch speed, resilience and long-term technology ownership must be addressed together.
Core banking for Saudi digital finance
Digital banking in Saudi Arabia is no longer only a channel initiative. Banks, wallet providers and new financial ventures need a core platform that can support the operating model behind the product.
Finpace provides that foundation. The platform supports account operations, ledger control, product configuration, digital channels and back-office administration from one environment.
For Saudi institutions, Finpace offers a controlled route to launch new propositions, modernize existing operations and retain ownership of future change.
Finpace overview
Banking operations beyond go-live
Finpace is built for the point where a digital banking product becomes a live operation.
The platform gives institutions control over accounts, transactions, approvals, exceptions and service activity from one environment. This allows teams to operate the product with the governance and visibility expected from regulated financial services.
As the program grows, Finpace supports ongoing product change without separating the customer experience from the core banking operation.
Card programs
Finpace supports debit, prepaid, virtual and physical card products through the institution’s issuing and processing setup.
Teams manage card status, customer controls, transaction visibility and servicing activity through the platform, with processor connectivity handled as part of the implementation.
Accounts and ledger operations
Finpace provides the account and ledger layer for digital financial products, covering balances, postings, statements, reconciliation and reporting.
It operates as the primary account system for a new proposition or sits alongside an existing core where the institution keeps its general ledger, accounting policy and statutory reporting unchanged.
Wallet infrastructure
Finpace supports wallet-led financial products with controlled customer accounts, stored-value logic, transaction records and operational servicing.
Institutions use the platform to manage wallet activity as part of the broader digital finance environment, rather than running the wallet as a separate product with its own operational process.
Digital asset services
Finpace extends digital banking with infrastructure for regulated digital asset products.
Institutions manage digital asset accounts, wallet activity, custody operations, transaction controls and customer servicing through the same operating environment used for their broader financial product portfolio.
This gives the business a controlled route to digital asset services without creating a separate customer layer, back-office process or technology stack.
Onboarding and identity verification
Finpace supports digital onboarding with identity verification, screening and review controls built into the customer application process.
Institutions manage KYC decisions inside the platform, supported by document verification, biometric checks and approved third-party providers. The result is a controlled onboarding process that supports AML requirements without turning customer acquisition into a manual back-office exercise.
Lending and Islamic finance operations
Finpace supports lending from application through servicing, with product logic configured around the institution’s credit policy and financing model.
For Saudi programs, the platform supports conventional lending and Sharia-compliant structures where required. Approvals, disbursements, repayment schedules, collections and servicing records remain inside the same controlled operating environment.
Finpace provides mobile banking applications for iOS and Android as part of the institution’s digital banking environment.
The apps give customers secure access to accounts, wallets, payments and services while keeping branding, product logic and release scope under the institution’s control.
Because the mobile channel operates from the same Finpace platform, customer activity remains connected to the core, back office and operational processes behind the product.
Seamless integrations
Saudi financial infrastructure
Finpace integrates with the infrastructure selected for the Saudi program and brings external provider activity into the institution’s operating environment.
Production access, certification and commercial arrangements are handled through the institution’s approved bank, processor, scheme partner, bureau, identity provider or licensed service provider.
Sponsor bank and BaaS connectivity
Finpace supports programs delivered through sponsor bank or BaaS arrangements, where regulated accounts, cards or payments are provided by a licensed partner.
The institution keeps the branded digital experience, customer servicing, reporting and operational control inside Finpace.
Identity and business verification
Finpace integrates with identity verification and KYB providers for customer and business onboarding.
Verification results, screening outcomes, review decisions and customer status changes are handled inside the platform workflow.
Credit information
Saudi credit information infrastructure, including SIMAH where required, can be incorporated into lending and risk assessment processes.
Bureau responses, approvals, overrides and borrower records remain connected to the lending workflow.
FX & Remittance
International transfers and currency exchange are supported through the institution’s approved banking, FX and remittance partners.
Transfer status, exchange activity, customer records and settlement visibility remain inside Finpace.
Instant transfers
Real-time transfer flows are supported through SARIE-related connectivity arranged through the institution’s approved access route.
Transfers, statuses, transaction records, failed-payment review and support activity remain visible inside the operating environment.
Technology ownership for strategic programs
For institutions that require deeper technology ownership, Finpace is available through source code licensing.
This model gives the institution the ability to host, extend and maintain the platform under agreed license terms, with greater control over architecture, release governance and future development.
It is suited to strategic digital banks, wallet programs and modernization initiatives where long-term independence is part of the technology strategy.
Sharia-compliant finance
Finpace supports Islamic banking and financing products within the same core environment used for broader digital financial services.
Product rules, approvals, repayment schedules, disclosures and servicing can be managed in line with the institution’s Sharia governance model.
This gives Saudi institutions a controlled platform for Islamic finance without separating product operations from the core banking foundation.
Deployment options
A managed SaaS model gives institutions a faster route to production while Finpace handles platform hosting, maintenance and updates.
The institution keeps control of the product, customer experience and operating model, without taking responsibility for platform operations internally.
Our clients
Financial institutions building digital services in Saudi Arabia
Finpace supports banks, digital banking ventures, wallet providers and finance companies preparing to launch, modernize or extend digital financial products.
The platform is suited to programs where digital channels need to operate with clear governance, approved infrastructure and internal control.
Instead of relying on fragmented tools, institutions use Finpace as a controlled environment for customer service, account operations, product management and back-office execution.
Why Finpace?
Core banking foundation
Finpace provides the core account, ledger and product infrastructure required to operate digital financial services with financial control from day one.
Regulated delivery discipline
The platform is designed around security, auditability, permissions, operational governance and integration with compliance processes.
Ownership options
Finpace gives institutions a choice of managed delivery, dedicated deployment or source code licensing, so the platform model can match the institution’s control requirements.
“Finpace gave us a controlled path to launch a neobank without building the entire banking stack from scratch. We were able to go to market under our own brand while keeping the operating model, customer relationship and product roadmap inside the business.” - Ahmed El-Masry, Chief Digital Officer, Flot
Foundation for long-term growth
Finpace gives institutions a banking platform that can grow with the digital finance business, from the first product launch to a broader portfolio of accounts, wallets, payments, cards and lending services.
The platform keeps product configuration, customer operations, transaction records and back-office control within one technology environment. This allows the institution to introduce new services, refine existing products and manage operational change without creating separate systems for each stage of growth.
Advance your core banking strategy
Turn your digital banking, wallet or modernization program into a controlled production environment.
Speak with Finpace to review your operating model, delivery requirements and ownership strategy.