KSA’s CASHIN and Qatar’s SkipCash collaborate on product development for MENA cashless solutions.
CASHIN, the leading Saudi company in digital payments & Point-of-Sale solutions, has signed a Strategic Partnership with SkipCash, a Fintech company specializing in advanced digital & online payments, based in Qatar.
The newly signed Strategic Partnership is expected to be a gateway towards a strategic collaboration that would yield further expansion in GCC and MENA by leveraging both companies’ technical and innovative products to ensure providing an end-to-end and seamless payment ecosystem for retail SMEs’ in addition to F&B
Commenting on this achievement, Mr. Omar Alrammah, the Co-Founder and CEO of CASHIN said” This Strategic Partnership is a strategic milestone for us at CASHIN as it realizes our strategy in expanding our business and showcasing our unique local content and talent; this is also aligned with the Fintech Strategy of the Kingdom in positioning Saudi Arabia as a global destination and a world leader in Fintech.”
Mr. Omar elaborated on the significance of the newly signed Memorandum with SkipCash by adding “We believe that the future of Fintech will be driven by collaboration – especially in working jointly to develop new ideas and sharing knowledge that would transform into innovative products and services – we are extremely happy to be leading the way in local and international collaborations and representing the Kingdom at different markets.”
Mr. Mohamed Al-Delaimi, Founder & Managing Director of SkipCash, also commented on signing the partnership with CASHIN, ” We are pleased with this collaboration as we seek to make the most out of the specialized expertise in Saudi Arabia and the region, as we hope to provide an innovative set of digital payment offerings with multiple advantages in the Saudi market. Mr. Mohamed added “This partnership with CASHIN will open doors for joint ventures in Saudi Arabia and Qatar, and then expand to other countries in the region.”