Tarabut Opens Riyadh HQ to Drive Saudi Fintech Transformation
Tarabut, the leading regulated financial technology platform in the MENA region, has opened its regional headquarters in Riyadh. The inauguration, attended by prominent figures from strategic partners and Tarabut's leadership, signals a long-term commitment to Saudi Arabia's fintech sector.
The new headquarters will serve as a hub for collaboration and Saudi-focused product development. It aims to accelerate the adoption of open banking and embedded finance use cases, supporting the sector at a crucial stage in the rollout of open banking. Tarabut has already achieved full connectivity to all major Saudi banks and signed key partnerships with institutions such as SNB, Alinma Bank, and SAB.
Founder and CEO Abdulla Almoayed expressed the company's dedication to building, serving, and growing alongside its partners and team in the Kingdom. The Riyadh headquarters will reinforce Tarabut's role as the technology infrastructure and intelligence layer for open banking in Saudi Arabia.
With its new regional headquarters in Riyadh, Tarabut is poised to drive Saudi Arabia's fintech transformation. The company's initiatives focus on enabling financial institutions and fintechs to address financing, credit decisioning, and customer experience challenges, while fostering open banking adoption. The new hub underscores Tarabut's commitment to the Kingdom and its fintech ecosystem.
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