Customer Story: Wadaie | ودائع Secures Financial Success with COGNNA

It all started with a simple idea.

A group of experienced treasury traders identified a gap in Saudi Arabia’s banking sector—a chance to simplify access to time deposits and internal deposit products for customers. They imagined a platform that would effortlessly connect individuals with Saudi banks, allowing them to secure the best compliance deposit returns in just three straightforward steps.

This vision evolved into Wadaie | ودائع, a pioneering platform designed to streamline financial decision-making. However, as they brought their idea to life, they quickly realized that handling sensitive financial data required more than simplicity—it demanded top-tier security at its foundation.

With COGNNA, Wadaie | ودائع found the perfect solution. By integrating COGNNA’s cybersecurity services, Wadaia ensured that its platform remained secure, user-friendly, and compliant with all regulations—empowering customers to make safe, informed financial decisions without the complexity.

The Challenge: Securing a Growing Platform

Wadaie’s founders knew that cybersecurity wasn’t just a technical need—it was a foundational pillar for earning and maintaining the trust of their customers and banking partners. As Wadaie | ودائع began to scale, they were dealing with increasing amounts of sensitive data. Customers trusted them to protect their financial information, and banks relied on them to ensure compliance with Saudi Arabia’s stringent regulatory standards, like those set by the Saudi Arabian Monetary Authority (SAMA).

But with trust came responsibility, and that responsibility carried high stakes. What if their platform became a target for cyberattacks? What if they couldn’t meet compliance requirements? Wadaie | ودائع needed more than just a basic security system—they needed a partner who could grow with them, offering peace of mind while protecting their entire operation.

The Turning Point: Partnering with COGNNA

That’s when they found COGNNA.

COGNNA wasn’t just another cybersecurity provider—it was a comprehensive platform designed to go beyond conventional security. Wadaie | ودائع chose COGNNA for its seamless approach to managed security services, offering more than just protection. It offered assurance.

From the moment COGNNA was integrated into Wadaie’s platform, everything changed. Vulnerability scanning became automatic, identifying and addressing threats before they could ever become real problems. Full data protection was always in place, ensuring that Wadaie’s platform ran smoothly without interruptions. And, most importantly, COGNNA helped Wadaie stay compliant with all regulatory requirements, making SAMA audits a breeze.

The Impact: Strengthening Trust, Empowering Growth

As Wadaie | ودائع grew, so did their confidence. With COGNNA quietly working behind the scenes, Wadaie’s team could focus on what mattered most—helping their customers secure the best deposit returns.

Wadaie’s founders marveled at how easy COGNNA was to use. Rather than dealing with multiple security solutions that often caused confusion and complexity, COGNNA provided everything in one platform—vulnerability management, data protection, regulatory compliance—all in one place. The complexity they once feared was replaced with a solution so seamless that it simply worked.

The Future: A Platform Built on Trust

With COGNNA as a trusted partner, Wadaie | ودائع now stands tall as a secure, reliable, and trusted platform. Customers enjoy the peace of mind that their financial data is fully protected, and banks are confident in Wadaie’s ability to maintain compliance.

Today, Wadaie continues to connect customers with Saudi banks, bridging the gap between financial institutions and everyday investors. And behind every successful transaction, COGNNA stands as a quiet guardian, ensuring that Wadaie’s vision of a secure, seamless financial future is realized.

“COGNNA has been a game-changer for us. It’s easy to use, comprehensive and provides multiple services on one platform. We’ve been able to ensure our compliance and protect our data, all without adding complexity to our environment.”
— Wadaie’s Founders

Thanks to COGNNA, Wadaie continues to grow as a trusted platform in Saudi Arabia’s financial sector, securing both success and peace of mind.