Fintech Buddy Saudi Arabia collaborates with Riad & Riad Law Firm to empower fintechs

Fintech Buddy Saudi Arabia collaborates with Riad & Riad Law Firm to empower fintechs

Riyadh, Saudi Arabia: Fintech Buddy Saudi Arabia, a one-stop shop platform that provides professional services for startups and foreign companies (sponsored by The Law Firm of Nasreen Alissa), signed a Memorandum of Understanding (MoU) today with Riad & Riad Law Firm, a full-service law firm focusing on corporate law matters such as corporate compliance, capital market, data privacy, company formation, labor and employment, and dispute resolution. Through this partnership, the two parties will join hands to support Egypt-based Fintechs who are planning to expand to Saudi Arabia and vice versa.

The MoU was signed by Nasreen Alissa on behalf of Fintechs Buddy Saudi Arabia and Dr. Fatma Salah on behalf of Riad & Riad Law Firm in the presence of officials and managers from both parties.

Commenting on the agreement, Nasreen Alissa, (Founder) at Fintech Buddy Saudi Arabia said, “In line with the Kingdom’s Vision 2030, Saudi Arabia is emerging as an attractive hub for global companies looking to expand their operations and establish their regional offices. Moreover, the Saudi authorities have been lately putting efforts to develop a diversified and effective fintech sector, increase the number of active fintechs to 525, and create 18,000 fintech jobs by 2030. Fintech sector is