Tagged: muhannad ebwini

HyperPay Obtains License from SAMA to Support Development of Financial Services Ecosystem in KSA

HyperPay, the Saudi payments services provider (PSP) operating in the MENA region, reportedly obtained a license from the Saudi Central Bank (SAMA) in order to support the diversification and development of the financial services ecosystem in KSA. In line or consistent with its strategy to… Read More

Muhannad Ebwini: CEO at HyperPay Says Fintech Solutions Can Help Us Deal with Cost-of-Living Crisis

Globally, rising inflation, a higher cost of living, and slower wage growth are impacting the lives of people right around the world. A recent report suggested that many consumers are turning to physical cash to help manage their finances amid the cost-of-living crisis. But Muhannad… Read More

MENA Payments Provider HyperPay Raises $40 Million

  HyperPay, a payments provider located in Saudi Arabia but providing services across the MENA region, has raised $40 million (SAR 138M) in a funding round led by Mastercard (NYSE: MA) with the participation of Amwal Capital Partners and AB Ventures. Along with the investment… Read More

Mastercard, HyperPay to Expand Virtual Payment Channels across MENA Region

Mastercard (NYSE: MA), a tech leader in the international payments sector, has announced a strategic partnership Saudi Arabia-based HyperPay, which claims to be the fastest growing e-commerce payments services provider in the MENA region, in order to drive the adoption of digital payment solutions across… Read More

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