HyperPay strengthens fintech collaborations with MoUs at Money20/20 Middle East 2025
HyperPay, a leading payment service provider in the MENA region, has signed strategic Memorandums of Understanding (MoUs) with Mastercard and Mozn at Money20/20 Middle East 2025 in Riyadh. The agreements aim to drive innovation in digital payments and enhance transaction security across Saudi Arabia, the UAE, and Qatar.
The collaborations represent a key milestone for HyperPay, reinforcing its leadership in advancing regional financial technology and supporting Saudi Vision 2030’s broader objectives to boost fintech adoption and build a secure digital economy.
Commenting on the partnerships, Muhannad Ebwini, Founder and CEO of HyperPay, said:
“These two landmark partnerships underscore our commitment to shaping the future of digital payments in the region. Our collaboration with Mastercard is a milestone in HyperPay’s mission to promote digital inclusion and empower SMEs with modern payment solutions, while Mozn’s Focal platform integration enhances fraud prevention capabilities and builds trust with every transaction.”
As part of the MoU with Mastercard, HyperPay will issue business cards tailored for small and medium-sized enterprises (SMEs) and merchants across Saudi Arabia, the UAE, and Qatar. These cards will provide scalable, secure, and future-ready payment solutions, building on HyperPay’s recent approval of its Electronic Money Institute (EMI) license from the Saudi Central Bank (SAMA).
The agreement with Mozn, a regional AI enterprise technology leader, will integrate its Focal platform into HyperPay’s system, strengthening fraud prevention measures and enhancing compliance with financial crime regulations.
The partnerships come at a time when digital adoption in the region is accelerating. According to Mastercard insights, 93 percent of SMEs in Saudi Arabia are optimistic about the year ahead, with 99 percent already accepting digital payments—highlighting the rising demand for secure and flexible solutions.
With these agreements, HyperPay is set to deliver smarter, faster, and safer payment experiences, further contributing to the region’s rapidly expanding digital economy.
