Title: Press Release: The Capital Markets Authority Registers “National Investment Company” in the Securities-Based Fintech Services Register at the CMA to Provide the Service of Securities Based Crowdfunding Platform

Kuwait, 2 November 2025 – Within the framework of the State of Kuwait’s directions to adopt innovative financial solutions, and CMA’s ongoing efforts to promote the growth of the financial sector, the Capital Markets Authority announced the issuance of Resolution No. (192) of 2025 on 02/11/2025 Regarding the Registration of National Investments Company in the Register of Securities-Based Fintech Services at the CMA as a Securities Based Crowdfunding Platform

Crowdfunding means heading to the public for the purpose of raising money. There are many forms of crowdfunding, however, the Capital Markets Authority, according to its competences, regulates the form that is related to securities activities, which is the “Securities-based Crowdfunding”. This service enables companies  to receive funds from the public for the purpose of funding specific projects offered through waiving part of their capital stakes/shares or issuing securities for this purpose.

Crowdfunding plays an essential role in diversifying funding and investment channels, facilitating access for entrepreneurs and investors to innovative financial instruments, expanding the investor base, creating new financing opportunities for small and medium enterprises, and promoting innovation in various economic sectors, thereby achieving financial inclusion and enhancing Kuwait’s position as a capable center for financial technologies in the region.

CMA has issued Module Nineteen (Financial Technologies) of the Executive Bylaws of Law No. 7 of 2010 Regarding the Establishment of the Capital Markets Authority and Regulating Securities Activities, and their amendments, in which it regulated the first batch of FinTech services of Securities-based Crowdfunding and Digital Financial Advisory. This was followed by the launch of the initial implementation phase of this framework pursuant to Resolution (181) of 2023, to facilitate the process of qualifying the parties willing to provide the services within the regulatory framework of CMA.

The total number of companies registered in the CMA’s register of Fintech Services to provide the Service of Securities Based Crowdfunding Platform has become two companies to date, which are:
1- Mowazi Capital Company
2- National Investments Company
 

The CMA continues reviewing other applications related to providing the service of Securities Based Crowdfunding Platform, by directly coordinating with the applicants to ensure meeting all conditions and requirements in preparation for registration in its Register of Securities-Based Fintech Services. The list of companies registered in the Register of Securities-Based Fintech Services can be viewed through the Fintech page at CMA’s website, which is updated periodically in accordance with the CMA’s resolutions in this regard.

The Capital Markets Authority confirms that implementing the regulatory framework for financial technologies represents a strategic step that reflects its keenness to keep pace with the rapid developments in global financial markets, and to enhance the ability of individuals and institutions to benefit from digital investment solutions effectively and with high transparency.

Finally, the CMA invites all interested and concerned persons to communicate with its concerned organizational unit of financial technologies with regard to the regulatory framework of financial technologies, and its products and services. The CMA urges to communicate with the registered companies in the Fintech Services Register on any inquiries regarding their services, which contributes to the integration of the efforts and enhances cooperation of stakeholders and interested parties to support CMA’s initiatives in developing the regulatory framework and increase its chances of success and sustainability.

Ends-

Notes to Editors:
The Capital Markets Authority was established pursuant to Law No. 7/2010, approved by the Kuwaiti Parliament in February 2010. Pursuant to the Law, the CMA shall regulate and supervise the securities activities, achieve transparency and fairness, observe listed companies’ execution of Corporate Governance regulations, and protect investors from unfair practices which violate the CMA's Law.

Furthermore, the Law's provisions stipulate the supervision of mergers, acquisitions, and disclosure operations. The CMA also aims to provide awareness programs related to securities activities.

For further information, please contact:
Public Relations & Media Office
Tel: 1888898
Email: pr-media@cma.gov.kw