HyperPay acquires Sanad Cash to expand its digital payment offerings

HyperPay acquires Sanad Cash to expand its digital payment offerings

HyperPay, the largest and fastest-growing payments services provider in the MENA region, has announced the acquisition of Sanad Cash, the leading Saudi spend management fintech. This strategic move aims to bolster HyperPay's service offerings and solidify its standing as a comprehensive all-in-one digital solution across the MENA region. Furthermore, it represents a significant milestone in HyperPay's mission to simplify and automate financial transactions for both individuals and corporations. The payments services provider will closely collaborate with Sanad Cash in the coming months to integrate their platforms and services. Muhannad Ebwini, Founder & CEO of HyperPay, said: “We are thrilled to welcome Sanad Cash into the HyperPay family. This acquisition perfectly aligns with our strategic vision of providing a complete range of digital payment solutions, covering issuing and acquiring services, to our esteemed customers. By joining forces, we aim to deliver a more comprehensive and streamlined solution to corporate clients in the region. Leveraging Sanad Cash's expertise in expense management, we are confident that we can enhance our tools and services, simplifying financial operations for businesses of all sizes. This synergy will enable HyperPay to cater to a wider spectrum of customer needs, offering a unified and convenient platform for various