Saudi HR Tech Leader Jisr Expands Into Fintech With Launch Of Jisr Spend

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Jisr, Saudi Arabia’s leading HR and People Tech platform, has announced a significant expansion into financial services with the launch of Jisr Spend, the Kingdom’s first locally developed, end-to-end expense management solution. The launch, which coincided with the unveiling of a refreshed brand identity at Money20/20, marks the company’s evolution from a single-suite HR provider into a comprehensive SaaS platform that unifies HR, Talent, and Finance.

Introducing Jisr Spend

Jisr Spend integrates corporate cards, reimbursements, travel booking, and automated policy enforcement into a single, seamless platform. Designed to be fully compliant with VAT and ZATCA regulations, the solution leverages integrated HR and finance data to provide business leaders with real-time visibility and control over corporate expenses. By automating manual tasks, Jisr Spend aims to save finance teams up to 13 hours per employee each week, while also strengthening policy compliance and reducing the risk of fraud.

From HR Suite to Integrated SaaS Platform

This strategic move into fintech signals a new chapter for the company. Mohammed Akkar, CEO of Jisr, stated, “Since our start, Jisr has become the most trusted Saudi company for HR solutions. With Jisr Spend and our new brand identity, we are entering a new chapter, expanding into finance and reinforcing our role as pioneers, innovators, and enablers of digital progress across the Kingdom.” The expansion aligns with Jisr’s mission to become a central growth partner for businesses navigating digital transformation under Saudi Arabia’s Vision 2030.

A New Brand for a New Era

The company’s new brand identity is inspired by the concept of a bridge—the literal meaning of “Jisr” in Arabic—symbolizing connection, transformation, and flow. The updated design features a bold black-and-white foundation complemented by suite-specific colors drawn from Saudi landscapes. This visual refresh is intended to reflect Jisr’s evolution into a multi-suite SaaS platform that connects people, processes, and systems.

Jisr’s Market Traction and Impact

Founded in 2017, Jisr has established itself as a category leader in people and finance technology in the Kingdom. The platform currently serves over 4,500 companies, manages 500,000 employees, and processes more than SAR 10 billion in payroll annually. It maintains seamless integrations with key national systems including GOSI, Muqeem, and Mudad, positioning it as a critical infrastructure provider for businesses of all sizes, from SMBs to large enterprises.

About Jisr

Jisr is Saudi Arabia’s first homegrown SaaS platform unifying HR and Finance in a single, integrated system. Trusted by over 4,500 organizations, the platform has grown into a multi-suite solution spanning HR, Talent, and Spend. As a pioneer in HR tech, payroll compliance, and digital workforce management, Jisr enables businesses to streamline operations, strengthen compliance, and scale efficiently in line with the Kingdom’s national agenda for modernization and workforce empowerment.

Source: Zawya

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