logo-en
  • Home
  • Companies
  • Investors
    • Home
  • FinTech Hub
  • News
LoginRegister
  • english iconEnglish
  • english iconArabic
  1. Mubasher News
  2. Moyasar Financial serves over 6,000 merchants in Kingdom

Moyasar Financial serves over 6,000 merchants in Kingdom

NOHA.GAD
Sep 4, 2024
Moyasar Financial served over 6,000 merchants in Saudi Arabia

Riyadh - Exclusive Sharikat Mubasher: Moyasar Financial Company, a Saudi provider of payment solutions, served more than 6,000 merchants who are directly connected to the company or banks, Abdulmajeed Alsaif, Business Development Representative, revealed in an interview with Sharikat Mubasher on the sidelines of 24 Fintech summit.

The official highlighted the company’s commitment to supporting companies, organizations, and freelancers by providing innovative and secure services, in partnership with banks and other financing companies.

Alsaif said that 24 Fintech is one of the leading fintech events in the Kingdom as it allows companies to forge strategic collaborations and partner with several entities in the Kingdom.

Licensed by the Saudi Central Bank (SAMA), Moyasar provides merchants with a wide range of products supported by different payment methods, such as Mada, Visa, Mastercard, American Express, Apple Pay, and STC Pay.

24 Fintech takes place in Riyadh from 3 to 5 September, with the participation of more than 300 exhibitors and over 350 investors. It gathers regulatory bodies, policymakers, investors, technology experts, and industry leaders from around the world.

It serves as a platform for global thought leaders across finance, policy, technology, investment, and academia to discuss several topics, including, fintech regulation and governance, artificial intelligence and machine learning in financial operations, financial inclusion, cybersecurity and big data, embedded finance, and more.

Tags

Saudi Arabia
Fintech
Payments
24 Fintech
Share

Attract clients with your ad

Start Now

Trending

Monsha’at concludes AI Week in partnership with SDAIA
MUBASHER.SA
PIF holds $26.3bn stake in SpaceX as of end of June
MUBASHER.SA
Egypt’s Fawry submits request to obtain ‘Major PI’ license from SAMA
MUBASHER
PIF, Formula E launch STEM education platform 'Driving Force Presented by PIF'
MUBASHER.SA
Saudi Energy to deliver power infrastructure to Expo 2030 Riyadh site
Riyadh - Sharikat Mubasher: Saudi Energy signed a Power Supply and Implementation Agreement with Expo 2030 Riyadh Company, wholly owned by the Public Investment Fund (PIF), to deliver the power infrastructure required across the Expo 2030 Riyadh site.The agreement was signed by Khalid AlGhamdi, Chief Executive Officer of Saudi Energy, and Talal Al-Marri, Chief Executive Officer of Expo 2030 Riyadh, according to the official statement,The deal aims to establish the electrical infrastructure required to meet the power demands of Expo 2030 Riyadh. This includes the construction of a bulk supply point, three primary substations, and all associated transmission and distribution infrastructure.Leading Saudi companies, including Alfanar, Haif Company, Trading and Development Partnership, and Al-Babtain Power & Telecom Company, will support the execution of these worksAlGhamdi highlighted that the agreement reflects the critical role of Saudi Energy in supporting major national projects by developing a reliable and highly efficient power infrastructure.He emphasized that Saudi Energy will deploy its capabilities and expertise to execute Expo 2030 Riyadh’s electric supply requirements to the highest standards of quality and operational performance, supporting the readiness of this global event and aligning with the Kingdom’s development goals.For his part, Al-Marri said: “The agreement marks another important milestone, reflecting the accelerated progress across the various workstreams underway on site and reinforcing its readiness in line with the established delivery schedule.”He noted that the partnership with leading Saudi national companies reflects confidence in local capabilities and expertise, and their ability to deliver projects of this scale and ambition in line with the highest technical and operational standards. Moreover, the agreement marks a significant step toward securing the critical utility requirements of Expo 2030 Riyadh and enabling the timely development and successful opening of the event. 

Related News

Private Equities News
Calendar Icon
Aug 16, 2026
PIF holds $26.3bn stake in SpaceX as of end of June
Read More
Private Equities News
Calendar Icon
Aug 16, 2026
PIF, Formula E launch STEM education platform 'Driving Force Presented by PIF'
Read More
Private Equities News
Calendar Icon
Aug 16, 2026
Saudi Energy to deliver power infrastructure to Expo 2030 Riyadh site
Read More
Private Equities News
Calendar Icon
Aug 13, 2026
UAE names 6 startups for inaugural Mastercard Lighthouse cohort
Read More
Private Equities News
Calendar Icon
Aug 13, 2026
AIREV partners with Qualcomm to bring sovereign AI to enterprises
Read More
Private Equities News
Calendar Icon
Aug 13, 2026
Money20/20 Middle East 2026 gathers global fintech leaders in Riyadh next month
Read More
Private Equities News
Calendar Icon
Aug 13, 2026
Riyadh Air, barq partner to advance airline payment technology development
Read More

Sharikat Mubasher Newsletter

Get insights and exclusive content from the world of business and finance that you can trust delivered to your inbox

Email is Required
Should be a valid email

Democratizing private equity investments

  • Home
  • Companies
  • Investors
  • FinTech Hub
  • News
  • Contact Us
  • Sitemap
2024 All rights reserved to Sharikat Mubasher