MoneyHash, the Middle East and Africa’s leading payment orchestration platform, and Moyasar, a fintech company licensed by the Central Bank of Saudi Arabia (SAMA), have announced a strategic partnership. This collaboration is aimed at strengthening the digital payments ecosystem within the Kingdom’s rapidly expanding digital economy.
A Strategic Alliance For Saudi’s Digital Economy
This partnership reflects a shared commitment to advancing financial technology and supporting Saudi Arabia’s vision for payment innovation and digital transformation. By joining forces, MoneyHash and Moyasar aim to contribute meaningfully to the growth and development of the wider fintech ecosystem in the Kingdom.
“Saudi Arabia has one of the most dynamic digital economies in the region, and this agreement reflects our commitment to building strong partnerships that can accelerate its growth,” said Nader Abdelrazik, CEO of MoneyHash. “Working with Moyasar enables us to align our efforts with local expertise and contribute meaningfully to the Kingdom’s fintech vision.”
Combining Local Expertise With Regional Orchestration
The collaboration combines MoneyHash’s extensive expertise in payment orchestration with Moyasar’s strong local presence and SAMA-issued regulatory credentials. This synergy is set to foster innovation and support businesses by providing them with enhanced digital payment solutions tailored for the Saudi market.
“At Moyasar, collaboration is at the heart of our mission,” stated Abdulaziz Alshetwi, CEO of Moyasar. “This MoU with MoneyHash marks the beginning of a long-term partnership that will unlock new possibilities for businesses and support the Kingdom’s ambition to become a global hub for financial innovation.”
About MoneyHash
MoneyHash is the first and leading payment orchestration and revenue operations platform built specifically for the Middle East and Africa. The platform empowers businesses with flexibility, scalability, and innovative technology to navigate a fast-evolving financial landscape.
About Moyasar
Moyasar Financial Company is a Saudi fintech licensed by the Central Bank of Saudi Arabia (SAMA), headquartered in Riyadh. Founded by Saudi engineers, Moyasar was built to provide secure, simple, and scalable digital solutions for businesses in the Kingdom.
Source: MEA TechWatch
