Tarabut Acquires Vyne Ahead of New MENA Regulatory Requirements
Tarabut, the first and largest regulated open banking platform in the MENA region, announced the acquisition of London-based Vyne, a real-time account-to-account (A2A) payments platform for online businesses. This strategic acquisition, which has been approved by both the Saudi Central Bank (SAMA) and the UK’s Financial Conduct Authority (FCA), bolsters Tarabutās ability to deliver faster, more accessible, and more interconnected financial services, both across the region and globally. The deal closed officially on August 1st,...