During the past few decades, the financial sector has undergone significant evolution due to technical development, best practices integration, and continually changing user requirements. The Kingdom of Saudi Arabia is determined to develop its economy and development sector to diversify and keep up with the world's norms and develop a much more sustainable economic system away from oil. Thus, the Kingdom Vision 2030 reform plan was released. With the Kingdom’s determination to be part of this change, the Saudi leadership launched the Kingdom’s Vision 2030. One of the initiatives includes the Financial Sector Development Program, which aims at providing and facilitating new opportunities in the financial sector. It is also aimed at keeping pace with the require- ments of the 21st Century. Saudi Arabia kick-started the evolution of its financial technology sector in the middle of the year 2018 by approving the first fintech licenses for Osul Technologies in the Kingdom. It thus provided Osul with an opportunity to introduce a new framework for investment on a trial basis. The crowdfunding investment plans launched by Osul Technologies marked a crucial first step in realizing Saudi Arabia’s ambitions to become a fintech hub for the region.