Nucleus Software and Saudi Finance Company win digital transformation award

Nucleus Software Exports Ltd. and Saudi Finance Company (SFC) have jointly received the "Excellence in Digital Consumer Transformation" Award at the 30th Edition of Finnovex Saudi Arabia 2025. This recognition highlights their 10-year strategic partnership, which began in 2014, leveraging Nucleus Software’s FinnOne™ financing system.

The collaboration has transformed consumer financing across auto, personal, and SME sectors, focusing on speed, inclusivity, and Shariah-compliant innovation. Key milestones include digitizing the entire loan lifecycle, enabling Shariah-compliant financing aligned with SAMA regulations, and facilitating faster fund disbursals through automation and ZATCA API integration. The partnership has also expanded financial inclusion with innovative schemes like guarantor, housewife, buy-out, and top-up, and introduced flexible short-term financing.

Nucleus Software's FinnOne Neo® and FinnAxia® platforms manage over $15 trillion in yearly transactions and $1.2 trillion+ in global loans. SFC, established in 1990, is a pioneer in individual and SME financing in Saudi Arabia, supported by its strategic alliance with Al Khorayef Group (49%) and Abu Dhabi Islamic Bank (51%).