Developed in collaboration with Fintech Saudi, the Jeel Sandbox represents Saudi Arabia’s first fintech sandbox accelerator, designed to empower startups, financial institutions, and innovators to build, test, and launch digital financial products within a secure and scalable environment.
The initiative plays a vital role in advancing the Kingdom’s national fintech strategy, bridging the gap between early-stage concepts and market-ready financial solutions. By reducing development cycles and providing access to enterprise-grade infrastructure, the Jeel Sandbox supports faster innovation across the country’s growing financial sector.
Powered by Mambu’s composable banking technology and hosted on Google Cloud Platform (GCP) in full compliance with SAMA’s cloud framework, the Jeel Sandbox delivers both agility and regulatory-grade security. The platform offers a structured pathway for fintechs—from mock APIs and Wallet-as-a-Service (WaaS) to comprehensive Banking-as-a-Service (BaaS) capabilities—enabling seamless testing, integration, and scaling of fintech solutions.
George Harrak, Chief Executive Officer of Jeel, emphasized the strategic importance of the collaboration:
“Through the Jeel Sandbox, we are building a secure and compliant foundation for scalable Banking-as-a-Service, fostering innovation that aligns with Saudi Arabia’s Vision 2030.”
Harjit Kang, Regional Lead for the Middle East at Mambu, added:
“This partnership marks an important milestone for Mambu’s expansion in Saudi Arabia. Collaborating with Jeel reinforces our shared commitment to supporting the Kingdom’s fintech development and Vision 2030 objectives.”
The partnership’s next phase will focus on onboarding fintech startups into the Jeel Sandbox, with the first pilot cohort scheduled for launch later this year, setting the stage for a new era of collaboration, innovation, and digital transformation in the Saudi fintech landscape.
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