Saudi Arabia TDF: Launches digital lending service with Temenos
- Saudi Arabia TDF launches digital lending service with Temenos
- Temenos the banking software company, announced that TDF has gone live with a digital lending service in just 60 days
- The new service provides investors and businesses in the tourism sector with rapid access to financing solutions from TDF
- The SAR 15 billion (USD 4 billion) fund was established to enable private sector tourism investments
- In the face of unprecedented global challenges due to the ongoing pandemic, the new digital service makes it faster and easier for local
- The service currently offers corporate lending and treasury investment products with seamless digital onboarding and origination
