Saudi Finance and Nucleus Software Win Digital Transformation Award
A Decade of Innovation in Shariah-Compliant Consumer Financing
Saudi Finance Company (SFC), a leading financial services provider in the Kingdom, and Nucleus Software, a global provider of lending and transaction banking solutions, have jointly received the "Excellence in Digital Consumer Transformation" award at the 30th Edition of Finnovex Saudi Arabia 2025.
This recognition marks a significant milestone in a strategic partnership that began in 2014. Powered by FinnOne™, Nucleus Software’s advanced digital lending platform, SFC has successfully transformed its consumer financing services across Auto, Personal, and SME segments, delivering faster, more inclusive, and fully Shariah-compliant solutions.
Bander Al-Samman, CEO of SFC, said, “This award reflects our commitment to digital innovation and customer-centric finance in the Kingdom.”
Parag Bhise, CEO of Nucleus Software, added, “We’re proud to support SFC in delivering faster, inclusive, and compliant financial services.”
The key achievements include the full digitalization of the loan lifecycle, delivering Shariah-compliant financing in line with SAMA regulations, speeding up fund disbursals through automation and ZATCA API integration, expanding access with tailored financial products, and offering flexible short-term financing with customized repayment options.
The recognition highlights how technology and long-term collaboration can transform financial services and create a more inclusive, digitally empowered ecosystem.