MoneyHash and Moyasar Join Forces to Transform Saudi Arabia’s Fintech Landscape

MoneyHash, the Middle East and Africa’s first payment orchestration platform, has teamed up with Saudi fintech player Moyasar in what looks to be a big step for the Kingdom’s digital payments scene. The two companies say the partnership is designed to fuel innovation, strengthen collaboration, and back Saudi Arabia’s broader vision to drive financial technology transformation.

Nader Abdelrazik, CEO of MoneyHash, called the agreement a way of “aligning efforts with local expertise” and building momentum in one of the region’s fastest-growing digital economies. On the other side, Moyasar’s CEO Abdulaziz Alshetwi described it as the start of a long-term partnership aimed at opening new doors for businesses, while also bolstering the Kingdom’s ambition to become a global hub for fintech. Spot on, if you ask me, because anyone following Saudi’s Vision 2030 agenda can see payments are becoming central to its diversification play.

The partnership brings together two clear strengths. MoneyHash offers businesses the tech and flexibility to stitch together multiple payment services – something many startups in the region struggle with, since managing different gateways and compliance rules can be a bit of a faff. Moyasar, meanwhile, brings its local credentials as a SAMA-licensed fintech, plus on-the-ground knowledge of the Saudi market. Put together, they’re hoping to deliver smoother solutions for merchants and help scale up the wider ecosystem.

I remember chatting with a small Riyadh-based founder during a recent startup showcase supported by Arageek. He mentioned how integrating different payment tools felt like “building a Lego set with missing pieces.” That struck a chord. It’s exactly the type of headache partnerships like this one are meant to fix.

That said, partnerships alone won’t solve everything. The real test comes in execution – whether they can roll out solutions that genuinely make payments easier for SMEs rather than just ticking boxes. Personally, I reckon if they manage to ease that integration pain, entrepreneurs will be chuffed to bits. And believe it or not, even small tweaks in checkout success rates can translate into serious revenue gains for a fledgling business.

MoneyHash positions itself as the go-to payments plumbing system across MEA, while Moyasar, founded by Saudi engineers and based in Riyadh, has built a reputation for designing secure, scalable digital solutions. Together, they’re placing a bet on Saudi’s fintech future – and for startups tring to navigate the maze of options, it could be the lifeline they’ve been waiting for.

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