Vault Expands Into Saudi Arabia with CMA License
Fintech platform Vault has secured regulatory approval to enter the Saudi Arabian market, obtaining a Capital Market Authority advisory licence. The expansion targets a specific wealth segment often overlooked by traditional financial institutions: investors with assets between $1 million and $10 million. This underserved demographic represents significant growth potential in the region's rapidly developing wealth management sector. Vault's platform offers personalized global investment access, enabling clients to diversify portfolios across international markets. The move reflects growing demand for digital wealth solutions in the Middle East, where high-net-worth individuals increasingly seek alternatives to conventional banking.
