LAHORE – The Ministry of Investment of Saudi Arabia has granted an Investment License to EZ Wage, marking a significant achievement for one of the leading players in the Earned Wage Access (EWA) industry in South Asia and the Kingdom. This milestone allows EZ Wage to attain 100% foreign ownership in the Kingdom, emphasizing not only its innovative approach but also Saudi Arabia’s commitment to cultivating a diverse and dynamic economy.
Speaking at the occasion, CEO and Founder Fatima Batool stated, “We’re proud to be among the first Singapore-based fintech startups to secure 100 percent foreign ownership in Saudi Arabia, thanks to the Ministry of Investment (MISA). This is more than a license; it is a launchpad for impact, innovation, and inclusion in one of the world’s fastest-growing economies. Here’s to supporting Vision 2030 and shaping the future of fintech in the Kingdom.”
With the MISA license, EZ Wage is now strategically positioned to bring its transformative wage access model and financial solutions to the Saudi market and the region, delivering real-time financial access to employees, supporting financial inclusion goals, and forming key partnerships with local enterprises, HR platforms, and digital banks. This announcement also reinforces Saudi Arabia’s growing role as a regional fintech hub, welcoming mission-driven innovators aligned with the Kingdom’s evolving economic landscape. EZ Wage’s entry into the market is set to open new avenues for digitization, talent development, and inclusive financial growth in the region as well as in South Asia and Southeast Asia.
