Arab Press

بالشعب و للشعب
Saturday, Aug 02, 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

Arab Press
0:00
0:00
Close
Germany Enters Fiscal Crisis as Cabinet Approves €174 Billion in New Debt
IMF Upgrades Global Growth Forecast as Weaker Dollar Supports Outlook
Politics is a good business: Barack Obama’s Reported Net Worth Growth, 1990–2025
UN's Top Court Declares Environmental Protection a Legal Obligation Under International Law
"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
Iranian President Reportedly Injured During Israeli Strike on Secret Facility
Kurdistan Workers Party Takes Symbolic Step Towards Peace in Northern Iraq
BRICS Expands Membership with Indonesia and Ten New Partner Countries
Elon Musk Founds a Party Following a Poll on X: "You Wanted It – You Got It!"
AI Raises Alarms Over Long-Term Job Security
Russia Formally Recognizes Taliban Government in Afghanistan
Saudi Arabia Maintains Ties with Iran Despite Israel Conflict
Mediators Edge Closer to Israel-Hamas Ceasefire Agreement
Germany Seeks Taliban Deal to Deport Afghan Migrants
Emirates Airline Expands Market Share with New $20 Million Campaign
Robots Compete in Football Tournament in China Amid Injuries
China Unveils Miniature Insect-Like Surveillance Drone
Marc Marquez Claims Victory at Dutch Grand Prix Amidst Family Misfortune
Iran Executes Alleged Israeli Spies and Arrests Hundreds Amid Post-War Crackdown
Trump Asserts Readiness for Further Strikes on Iran Amid Nuclear Tensions
Qatar Airways Clears Backlog of Passengers Following Missile Threats
Iran's Parliament Votes to Suspend Cooperation with Nuclear Watchdog
Trump Announces Upcoming US-Iran Meeting Amid Controversial Airstrikes
Trump Moves to Reshape Middle East Following Israel-Iran Conflict
NATO Leaders Endorse Plan for Increased Defence Spending
U.S. Crude Oil Prices Drop Below $65 Amid Market Volatility
“You Have 12 Hours to Flee”: Israeli Threat Campaign Targets Surviving Iranian Officials
Oman Set to Introduce Personal Income Tax, First in Gulf
Germany and Italy Under Pressure to Repatriate $245bn of Gold from US Vaults
Trump Praises Iran’s ‘Very Weak’ Response After U.S. Strikes and Presses Israel to Pursue Peace
WATCH: Israeli forces show the aftermath of a massive airstrike at Iran's Isfahan nuclear site
We have new information and breaking details to share about what is shaping up to be a historic air campaign tonight
Six Massive Bombs Dropped on Fordow; Trump: 'A Historic Moment for the U.S., Israel, and the World'
Fordow: Deeply Buried Iranian Enrichment Site in U.S.–Israel Crosshairs
United States Conducts Precision Strikes on Iran’s Nuclear Sites
US strikes Iran nuclear sites, Trump says
Pakistan to nominate Trump for Nobel Peace Prize.
Israel Confirms Assassination of Quds Force Commander in Tehran
16 Billion Login Credentials Leaked in Unprecedented Cybersecurity Breach
Senate hearing on who was 'really running' Biden White House kicks off
G7 Leaders Fail to Reach Consensus on Key Global Issues
Mass exodus in Tehran as millions try to flee following Trump’s evacuation order
Iranian Military Officers Reportedly Seek Contact with Reza Pahlavi, Signal Intent to Defect
China's Iranian Oil Imports Face Disruption Amid Escalating Middle East Tensions
Trump Demands Iran's Unconditional Surrender Amid Escalating Conflict
Israeli Airstrike Targets Iranian State TV in Central Tehran
×