According to a signed agreement
Elm will provide SingleView with "Rowad Initiative" services, aligning with its focus on entrepreneurs.
Riyadh - October 2023
Elm, the pioneer company in providing digital solutions, has signed an agreement with SingleView to provide it with “Rowad Initiative” services. The signing event took place at Elm ’s headquarters in Riyadh, in presence of Mr. Mahir bin Ibrahim Al-Wahibi, Vice President of Products at Elm, and Mr. Abdulrhman bin Hajed Alarifi CEO of SingleView. The agreement came to reflect Elm ’s commitment to entrepreneurs in the non-banking financial sector, emphasizing a promising success story between the two companies.
With “Rowad Initiative” service, SingleView will enable its clients to verify and ensure the accuracy of customer data and simplify the verification process. The service will increase accuracy levels in the data used, and mitigate forgery and identity theft. In addition, the service will provide consistently updated and matched data with official records. Also, it will enhance the quality of facility-specific data, and promote the use of identity in emerging sectors.
Worth to mention is that SingleView is a privately owned Fintech company specialized in providing open banking solutions. The company, that was established in 2019 with headquarter in Riyadh, focuses on digitizing financial services by enabling companies across industries to achieve profitability, increase customer interaction, and achieve long-term success through digital transformation.
The company provides innovative and integrated products for open banking, including account information and payment creation services. Noteworthy is that SingleView is earnestly expanding its network through partnership agreements to provide solutions for companies and entities in the Saudi market, with aspirations to extend its business scope to various regional and global areas.
On the other hand, Elm is actively providing training and skill development opportunities to different sectors that gives a clear roadmap for investors and enhance investment prospects for small and medium-sized enterprises (SMEs), by offering innovative environment and generating employment opportunities for current and future generations.
Additionally, Elm contributes to accelerating economic growth through digitization, creating future opportunities to foster the development of small and medium-sized enterprises (SMEs) and unlocking new economic potential for sustainable long-term growth.
