Saudi-based Sahm Capital joins hands with Alibaba Cloud SCCC

Saudi-based Sahm Capital joins hands with Alibaba Cloud SCCC

Sahm Capital Financial Company, previously known as VCFC, a leading Fintech firm based in Riyadh, has collaborated with Alibaba Cloud SCCC, a cloud service provider jointly founded by Alibaba Cloud and STC Group, to further enhance system reliability and strengthen user experience on the platform stability for its all-in-one trading app, Sahm. Launched in December […]Sahm Capital Financial Company, previously known as VCFC, a leading Fintech firm based in Riyadh, has collaborated with Alibaba Cloud SCCC, a cloud service provider jointly founded by Alibaba Cloud and STC Group, to further enhance system reliability and strengthen user experience on the platform stability for its all-in-one trading app, Sahm.

Launched in December 2023, Sahm is the first of its kind in Saudi Arabia, enabling a one-click quick switch between Saudi and U.S. stock accounts in real-time for both trading and currency conversion. The app’s all-in-one feature is showcased through its seamless combination of market quotes, information, education, and analysis.

This integration sets the app apart from other trading platforms, eliminating the need for users to switch between multiple apps when making cross-market investment decisions. Sahm also provides investors with a list of Shariah Compliant Stocks available in the U.S. market, along with a selection