Tabadul, Fintech Saudi sign MoU to launch joint projects

Tabadul, Fintech Saudi sign MoU to launch joint projects

Saudi Arabia - Saudi Electronic Info Exchange Company (Tabadul), a leading provider of innovative digital and smart financial services, has signed a memorandum of understanding (MoU) with Fintech Saudi initiative in Riyadh.

The MoU will strengthen collaboration between the two parties to launch joint projects to support the fintech industry in line with Saudi Vision 2030, said a statement.

The MoU was signed by Feher Alshareif, Tabadul’s Chief Strategy & Innovation Officer, and Nezar Alhaidar, Fintech Hub Manager at Fintech Saudi. It aims to support fintech startups and scale up their capabilities in the logistics sector and unveil initiatives to scale up the kingdom’s fintech industry.

Alshareif said: “This MoU cements Tabadul’s position and contrinutes to increasing the adoption of our fintech solutions for the logistics sector through multiple fintech channels in collaboration with our strategic partners at Fintech Saudi. This also supports our goal of becoming the leading provider of integrated digital logistics solutions in the Kingdom and one of the top digital logistics providers globally.”

Alhaidar said: “At Saudi Fintech, we are creating an ecosystem that brings together creative entrepreneurs and prepares fintech companies to design and deliver innovative solutions that would elevate logistics services in line with the objectives of the