Riyadh – Mubasher: Saudi Arabian fintech company Geidea has signed multiple strategic partnerships with Saudi, regional, and international financial institutions and technology innovators during the Seamless Saudi Arabia 2024 event which concluded on 24 October to drive forward digital payment solutions in the Kingdom.
The company penned a deal with the Saudi listed Alinma Bank to fast-track digital transformation and empower the financial sector in Saudi Arabia.
Geidea entered into a partnership with the UAE’s Emirates NBD, another listed entity, to launch a new chapter of seamless transactions by using cutting-edge technology and trusted financial services.
The fintech company signed agreements with two more Saudi entities; Idex Services Company for boosting and innovating advanced payment solutions aimed at enhancing customer experience; and Tamara to join forces for driving financial inclusion in the Kingdom while empowering businesses to meet customer needs.
Geidea also teamed up with the UAE-based tpay Mobile through a partnership aimed at providing seamless online payment solutions for tpay’s clients while introducing its mobile payment methods to Geidea customers. This partnership will further deliver flexible, innovative online payment solutions across the MENA region.
As for the international institutions which collaborated with the Saudi fintech firm, BNP Paribas penned a deal with Geidea to enhance digital payment solutions and empower enterprises with seamless, tailored solutions in Saudi Arabia.
Another international deal was concluded with Planet to endorse payment experiences for visitors and boost merchants to thrive, in line with the Saudi Vision 2030.
It is worth noting that Geidea joined forces with the UAE listed bank FAB and Magnati in 2023 to provide digital payment acceptance services for businesses operating the Kingdom.
Earlier in 2022, Geidea collaborated with Saudi-based delivery-as-a-service startup BARQ to facilitate digital payments.
