Riyadh - Sharikat Mubasher: Saudi fintech company Moyasar announced its strategic partnership with MoneyHash, a leading payment orchestration platform in the Middle East and Africa (MEA) region, to strengthen collaboration in the Saudi fast-growing digital economy.

Under this partnership, both parties will join efforts to advance fintech in Saudi Arabia and support the Kingdom’s vision for payment innovation and digital transformation, a recent statement revealed.

Moyasar will integrate its local presence and regulatory credentials with MoneyHash’s expertise in payment orchestration to launch initiatives that enhance innovation, foster businesses, and contribute to developing the fintech ecosystem in the wider region.

Commenting on this milestone, Abdulaziz Alshetwi, CEO of Moyasar, said: “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.”

For his part, Nader Abdelrazik, CEO of MoneyHash, emphasized the company’s commitment to establishing strong partnerships that accelerate Saudi Arabia’s growth. “Working with Moyasar enables us to align our efforts with local expertise and contribute meaningfully to the Kingdom’s fintech vision,” he added.

Licensed by the Saudi Central Bank (SAMA), Moyasar offers secure, simple, and scalable digital solutions for businesses across Saudi Arabia. Meanwhile, MoneyHash empowers businesses with flexibility, scalability, and innovative technology to navigate a fast-evolving financial landscape.