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Tarabut Gateway signs deals with four banks in Saudi Arabia

The Next Mena Team May 31, 2022 1 min read

 

RIYADH: Tarabut Gateway, one of the largest banking platforms in the Middle East and North Africa region, has secured four key banking partnerships in Saudi Arabia.

The company signed the deals with Riyad Bank, Saudi British Bank, Alinma Bank, and Banque Saudi Fransi as part of the strategy to expand its operation in the Kingdom. 

“The Kingdom’s vision is ambitious and achievable, and we look forward to being a core part of the open banking ecosystem,” Abdulla Almoayed, CEO of Tarabut Gateway, said in a statement.

As financial technology and development is rising, Saudi Arabia is getting ready for an open banking transition.