Makassb

Makassb is a Saudi Arabia-based fintech platform for the digital distribution of investment fund and real estate investment fund units to investors, connecting fund managers/investment opportunity holders with investors in an online environment. The Saudi Capital Market Authority (CMA) granted Makassb a FinTech Experimental Permit (ExPermit), under a board decision dated 30 May 2022, to test its investment and real estate distribution platform inside the CMA's regulatory sandbox, and the company has since completed the requirements to commence business under that permit. Because it operates under an experimental/sandbox permit rather than a full commercial license, the platform is best described as being in a testing/beta stage. The company's own site (makassb.sa, reached via a redirect from the makassb.co domain in the discovery note) could not be retrieved during this research due to access restrictions, so product details beyond the regulatory filings and press coverage are limited.