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HyperPay to go public in Saudi Arabia


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Payments service provider activating in the MENA region HyperPay has planned to go public through an initial public offering (IPO) in Saudi Arabia within the next two years.


Based on the information provided in the press release, this announcement is part of the company’s expansion plans within the Saudi Arabian and MENA fintech markets, as it aims to become the preferred payment tool for organisations throughout the world by having its products and service offerings diversified.

HyperPay offering and what the MENA expansion entails

HyperPay serves as a one-stop solution that aims to meet all financial requirements and interests of customers and the company plans on providing an increasingly extensive spectrum of financial services and products as part of its expansion plans, beyond payment services. The company looks to assist robust economies like Saudi Arabia in facilitating the shift towards a cashless economy and by doing so, it aims to establish the MENA region as a cashless ecosystem that addresses the requirements and interests of customers.

Muhannad Ebwini,…

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