Riyadh – Sharikat Mubasher: Alinma Bank announced a strategic investment and partnership with Qashio, the MENA region’s leading spend management and corporate card platform, to deliver advanced digital financial solutions for Saudi corporations and SMEs.

The deal adds Qashio to Alinma’s growing portfolio of fintech investments, which already includes Amwal Tech, Ejari, Lean Technology, NearPay, and several local VC funds, according to a recent press release.

Building on their existing collaboration, the two companies plan to develop a comprehensive spend management platform, integrating Qashio’s global expertise and loyalty ecosystem with Alinma’s scale and client base.

Through this partnership, businesses will gain access to streamlined expense management tools and exclusive loyalty benefits with premium partners such as Emirates Skywards, Air France–KLM, Avios, Japan Airlines, Jumeirah One, Accor Hotels, Intercontinental, and Shukran.

Alinma said the investment aligns with Saudi Vision 2030, supporting economic diversification, financial innovation, and the Kingdom’s transition toward a cashless society. Armin Moradi, Qashio CEO and founder, noted that the collaboration combines Alinma’s credibility and reach with Qashio’s proven technology to set “a new benchmark for corporate financial solutions in Saudi Arabia and the region.”