Nqoodlet, one of the fastest-growing fintech platforms in Saudi Arabia, took part in the Money20/20 exhibition held in Riyadh from September 15–17. The event was hosted by the Financial Sector Development Program, the Saudi Central Bank (SAMA), the Capital Market Authority, and the Insurance Authority, and co-organized by Fintech Saudi and its partners.
What is Money20/20 Middle East?
Money20/20 Middle East (previously Fintech24) is the region’s largest gathering of innovators, investors, and entrepreneurs in payments and financial services from around the world. It explores the future of money and finance in the region and is considered the most important fintech event in the Middle East.
Also read: Nqoodlet at Fintech24
Founding Partners of Money20/20 Middle East
The event brings together leading financial institutions and companies, including Al Rajhi Bank, Riyad Bank, STC Bank, SNB, Tamara, Visa, and Vision Bank. These partnerships underline the event’s role in driving innovation and digital transformation in the financial sector.
The exhibition is also supported by a wide network of sponsors and strategic partners such as, Banque Saudi Fransi, SCCC by STC,and Saudi Tadawul Group. This strong presence highlights the event’s growing importance on both regional and global levels.
Key Themes and Sessions
The conference agenda focused on major shifts in the financial sector, including artificial intelligence in financial services, updated regulations, inclusive innovation, and strategic capital. Sessions featured top international speakers and addressed digital transformation, data governance, cybersecurity, and developments in payments and treasury services. Global financial institutions such as UOB, Abdul Latif Jameel Finance, JPMorgan, Citi, Mastercard, Standard Chartered, and SWIFT participated, reflecting the importance of these topics in shaping the future of finance.
Nqoodlet at Money20/20 Middle East
At our booth, we showcased our smart solutions for corporate expense management and multi-currency card issuance. These solutions help finance teams control spending and reduce operational costs. The booth drew significant attention from visitors and financial experts.
The Nqoodlet team emphasized that this participation is part of the company’s expansion strategy in the region, highlighting its role in simplifying corporate payments and providing the tools SMEs need to improve transparency and spending control.
Achievements Announced at Money20/20 Middle East
Nqoodlet, the Saudi-based fintech platform transforming SME finance, has announced the signing of an MoU with D360 Bank, the Kingdom’s pioneering digital, Shariah-compliant bank. This collaboration highlights a shared mission to deliver faster, simpler, and more accessible financial solutions for SMEs across Saudi Arabia.
“Saudi SMEs deserve tools that match the speed and ambition of their growth. Our collaboration with D360 Bank reflects a shared vision to empower businesses with digital-first solutions that replace outdated processes with speed, transparency, and control.”
– Mohamed Milyani, Co-founder and CEO of Nqoodlet.
About D360 Bank
D360 Bank is a Saudi digital, Shariah-compliant bank established in 2022 with support from the Public Investment Fund (PIF) and Derayah Financial. With capital exceeding SAR 1.65 billion and over one million customers in its first four months, D360 Bank is committed to delivering fast, transparent, and customer-first digital banking solutions for individuals and businesses.
Conclusion
Saudi Arabia’s fintech sector is experiencing unprecedented growth, positioning the Kingdom as a key regional hub for financial innovation. With this momentum, the coming years are likely to see a rise in Saudi fintech unicorns, making the Kingdom a highly attractive environment for innovation and investment.
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