Fintech companies MoneyHash and Moyasar team up to accelerate financial technology development in Saudi Arabia
Saudi Arabia's digital economy is poised for significant growth following the strategic partnership between MoneyHash and Moyasar. This collaboration, according to Abdulaziz Alshetwi, CEO of Moyasar, is a key step in their mission to foster innovation in the fintech sector and strengthen Saudi Arabia's digital economy.
Moyasar, a licensed fintech company based in Saudi Arabia, will partner with MoneyHash, the leading payment orchestration platform in the Middle East and Africa. The partnership aims to unlock new possibilities for businesses and contribute to the development of the wider fintech ecosystem.
Nader Abdelrazik, CEO of MoneyHash, echoed Alshetwi's sentiments, stating that the partnership will accelerate the growth of Saudi Arabia's digital economy. Both CEOs are committed to this partnership, which supports the Kingdom's vision for payment innovation and digital transformation.
Moyasar's local presence and regulatory credentials, coupled with MoneyHash's expertise in payment orchestration, will enable them to collaborate on initiatives that support businesses and contribute to the development of the wider fintech ecosystem.
The partnership is a significant step towards Saudi Arabia's ambition to become a global hub for financial innovation. It aligns their efforts with local expertise in Saudi Arabia, focusing on initiatives within the field of fintech.
This partnership supports the growth of Saudi Arabia's digital economy, and both companies are eager to embark on this journey together. As Abdulaziz Alshetwi emphasised, collaboration is central to their mission, and this partnership with MoneyHash is just the beginning.
In conclusion, the partnership between MoneyHash and Moyasar promises to bring about positive changes in Saudi Arabia's digital economy, fostering innovation and supporting businesses in their digital transformation journey.
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