Saudi Press

Saudi Arabia and the world
Saturday, Aug 30, 2025

Luna Space Financial Company launches its new identity 'Nami' in Saudi market

Luna Space Financial Company launches its new identity 'Nami' in Saudi market

In the past few days, Luna Space Financial Company witnessed the rebranding of Skyband Financial to become “Nami” Fintech (https://namipay.com.sa/).
The company has been operating in the Saudi market since 2020, after obtaining the necessary official licenses & permits from the Saudi Central Bank (SAMA). Whereby, the company, under its new identity, aims to make a quantum leap in the financial services provided to the financial sector and other sectors benefiting from these services.

This strategic development for the company is aiming to contribute in achieving the Financial Sector Development Program objectives, one of the Vision 2030 Programs, aiming to transform the financial sector in Saudi Arabia. Nami’s contribution to support the sector through providing new advanced solutions and technologies that create a distinctive experience for all partners and clients, and will reflect on all members of the Saudi society.

The launch took place along with the approval of "Nami" to be the first entity in the Kingdom to obtain e-receipt service license from the Saudi Payments.

Currently, the company is providing network connectivity services to several banks, other POS service providers, and major merchants, as well as, a package of services for selling and leasing POS terminals to banks and financial companies.

The services include installation, maintenance, and customer support services. In addition, selling and installing POS terminals directly to all merchants and entrepreneurs, providing all necessary services and tools for POS management, maintenance, and prompt support. These services are available and provided in 23 cities in all of Saudi Arabia’s regions.

In addition, "Nami" is working on providing more services in payments and tech solutions that will help partners, merchants and entrepreneurs efficiently manage their financial operations, which will be announced in due course in the near future.

On this event, Mr. Abdulmohsen Al-Sudairi, CEO of “Nami”, said: “In light of Vision 2030, the Kingdom of Saudi Arabia is one of the most developed countries in the field of financial technology, pushing towards reaching the objectives set for digitizing financial transactions, relaying many benefits at the national level economically. Furthermore, we are keen about working on "Nami" to be a vital resource for this sector through our unique ideas and innovative solutions, creating a unique experience for the clients of this sector, engaging with all segments of society.”

Al-Sudairi stated that obtaining the license for "Nami" to provide e-receipt services is a strong motivation for the company at this stage to continue providing new solutions and ideas.

He explained that the digital receipt has many advantages in digitizing operations in a modern and eco-friendly manner. The service automatically saves receipts digitally for both the customers and merchants, reduces costs for merchants, contributes to preserving the rights of all parties, raises the financial and environmental culture of community members, and contributes to achieving environmental sustainability.
Newsletter

Related Articles

Saudi Press
0:00
0:00
Close
After the Shock of Defeat, Iranians Yearn for Change
YouTube Altered Content by Artificial Intelligence – Without Permission
Iran Faces Escalating Water Crisis as Protests Spread
More Than Half a Million Evacuated as Typhoon Kajiki Heads for Vietnam
HSBC Switzerland Ends Relationships with Over 1,000 Clients from Saudi Arabia, Lebanon, Qatar, and Egypt
Sharia Law Made Legally Binding in Austria Despite Warnings Over 'Incompatible' Values
Dogfights in the Skies: Airbus on Track to Overtake Boeing and Claim Aviation Supremacy
Tim Cook Promises an AI Revolution at Apple: "One of the Most Significant Technologies of Our Generation"
Are AI Data Centres the Infrastructure of the Future or the Next Crisis?
Miles Worth Billions: How Airlines Generate Huge Profits
Zelenskyy Returns to White House Flanked by European Allies as Trump Pressures Land-Swap Deal with Putin
Beijing is moving into gold and other assets, diversifying away from the dollar
Cristiano Ronaldo Makes Surprise Stop at New Hong Kong Museum
Zelenskyy to Visit Washington after Trump–Putin Summit Yields No Agreement
High-Stakes Trump-Putin Summit on Ukraine Underway in Alaska
Iranian Protection Offers Chinese Vehicle Shipments a Cost Advantage over Japanese and Korean Makers
Saudi Arabia accelerates renewables to curb domestic oil use
Cristiano Ronaldo and Georgina Rodríguez announce engagement
Asia-Pacific dominates world’s busiest flight routes, with South Korea’s Jeju–Seoul corridor leading global rankings
Private Welsh island with 19th-century fort listed for sale at over £3 million
Sam Altman challenges Elon Musk with plans for Neuralink rival
Australia to Recognize the State of Palestine at UN Assembly
The Collapse of the Programmer Dream: AI Experts Now the Real High-Earners
Armenia and Azerbaijan to Sign US-Brokered Framework Agreement for Nakhchivan Corridor
British Labour Government Utilizes Counter-Terrorism Tools for Social Media Monitoring Against Legitimate Critics
WhatsApp Deletes 6.8 Million Scam Accounts Amid Rising Global Fraud
Nine people have been hospitalized and dozens of salmonella cases have been reported after an outbreak of infections linked to certain brands of pistachios and pistachio-containing products, according to the Public Health Agency of Canada
Texas Residents Face Water Restrictions While AI Data Centers Consume Millions of Gallons
Tariffs, AI, and the Shifting U.S. Macro Landscape: Navigating a New Economic Regime
India Rejects U.S. Tariff Threat, Defends Russian Oil Purchases
United States Establishes Strategic Bitcoin Reserve and Digital Asset Stockpile
Thousands of Private ChatGPT Conversations Accidentally Indexed by Google
China Tightens Mineral Controls, Curtailing Critical Inputs for Western Defence Contractors
OpenAI’s Bold Bet: Teaching AI to Think, Not Just Chat
BP’s Largest Oil and Gas Find in 25 Years Uncovered Offshore Brazil
JPMorgan and Coinbase Unveil Partnership to Let Chase Cardholders Buy Crypto Directly
British Tourist Dies Following Hair Transplant in Turkey, Police Investigate
WhatsApp Users Targeted in New Scam Involving Account Takeovers
Trump Deploys Nuclear Submarines After Threats from Former Russian President Medvedev
Germany’s Economic Breakdown and the Return of Militarization: From Industrial Collapse to a New Offensive Strategy
IMF Upgrades Global Growth Forecast as Weaker Dollar Supports Outlook
Politics is a good business: Barack Obama’s Reported Net Worth Growth, 1990–2025
"Crazy Thing": OpenAI's Sam Altman Warns Of AI Voice Fraud Crisis In Banking
Japanese Prime Minister Vows to Stay After Coalition Loses Upper House Majority
President Trump Diagnosed with Chronic Venous Insufficiency After Leg Swelling
Man Dies After Being Pulled Into MRI Machine Due to Metal Chain in New York Clinic
FIFA Pressured to Rethink World Cup Calendar Due to Climate Change
"Can You Hit Moscow?" Trump Asked Zelensky To Make Putin "Feel The Pain"
Nvidia Becomes World’s First Four‑Trillion‑Dollar Company Amid AI Boom
Iranian President Reportedly Injured During Israeli Strike on Secret Facility
×