Egyptian fintech leader MoneyHash, the Middle East and Africa’s premier payment orchestration platform, has announced a strategic partnership with Amwal Tech, a Saudi-based fintech innovator specializing in aggregated credit card installment solutions. This collaboration aims to accelerate the adoption of flexible payment options in Saudi Arabia’s rapidly evolving fintech ecosystem.
Founded in 2021 by Nader Abdelrazik and Mustafa Eid, MoneyHash has built a proprietary payment orchestration platform and a comprehensive payment operating system. Following a successful beta launch in 2022—where it onboarded major regional players such as Foodics, Rain, and Tamatem—the company introduced its enterprise suite in October 2023, targeting large-scale businesses.
Earlier this year, MoneyHash secured US$5.2 million in pre-Series A funding to fuel its global expansion plans. The company also recently partnered with noon payments, a leading digital payment gateway in Saudi Arabia, to simplify access to localized payment methods across the GCC.
Its latest partnership with Amwal Tech will integrate Amwal’s high-limit installment solutions into MoneyHash’s unified orchestration platform. This integration will enable merchants to offer customers greater flexibility and value, driving sales growth and improving financial management.
Nader Abdelrazik, CEO of MoneyHash, commented:
Installments have become a critical tool for merchants looking to boost revenue and for customers seeking better control over their spending. Our collaboration with Amwal Tech ensures businesses can deploy these solutions quickly and confidently through our orchestration layer.
This alliance further solidifies MoneyHash’s position as the underlying infrastructure connecting leading payment providers across the region, empowering businesses to activate innovative payment solutions through a single integration.
