Saudi fintech company Moyasar signed a series of partnerships during Money20/20 Middle East covering payments, open banking, AI, loyalty and financial services.
Moyasar signed an MoU with Syarah to power the automotive marketplace’s payments through the Moyasar Payment Gateway.
The company also partnered with Hotspot, becoming the payments partner for its platform, while Hotspot will provide financial brokerage services to Moyasar customers.
An agreement with Wadaie will explore collaboration around digital payment solutions and more integrated financial experiences, while Safqah Capital selected Moyasar as the payments partner for its platform.
Moyasar also signed an MoU with Lean Technologies, combining Moyasar’s payment gateway infrastructure with Lean’s open banking capabilities to explore new payment solutions in KSA.
The company added Payrails as a partner to integrate its payment infrastructure solutions into Moyasar’s ecosystem.
Moyasar also signed partnerships with DOO to provide AI-powered solutions to its merchants and Merit Incentives to bring loyalty, rewards, points and offers to businesses using its platform.
In another agreement, STC Bank will integrate with the Moyasar Payment Gateway, giving the bank access to Moyasar’s payment solutions, including Samsung Pay.
Moyasar is a Riyadh-based, Saudi Central Bank-regulated fintech providing payment gateway and digital payment infrastructure to businesses in KSA.
Source: LinkedIn
