E6 joins forces with Loop to boost financial inclusion in Saudi Arabia

E6 joins forces with Loop to boost financial inclusion in Saudi Arabia

Riyadh – Mubasher: Episode Six (E6), a leading global provider of enterprise-grade payment processing, has teamed up with Loop to power its fintech-as-a-service offering in Saudi Arabia.

E6 will power Loop’s cards, wallets, and instant payment solutions to back Loop’s strategic goal to become a digital financial services enabler, according to a press release.  

The partnership will enable Loop to secure advanced and disruptive digital payments that will achieve the Vision 2030 plan. This is in addition to providing customers with new payment products.

Ali Alobaid, CEO of Loop, noted: "Our collaboration with E6 has been instrumental in bringing our strategic vision to life and representing a significant leap forward in the payments modernisation journey within KSA.”

Meanwhile, E6’s TRITIUM platform will simplify Loop’s paytech stack, helping to lower costs while adapting to the fast-evolving Saudi market.

Licensed by the Saudi Central Bank (SAMA), Loop specialised in digital payments technology and services that offer a seamless and frictionless financial experience for individuals and businesses across the Kingdom.

John Mitchell, CEO and Co-Founder of E6, commented: “By combining E6's innovative technology with Loop's industry knowledge and pioneering spirit, our partnership aims to usher in a new era of payment systems, providing unparalleled value to businesses and consumers