Riyadh – Mubasher: MENA’s leading regulated fintech platform Tarabut has inaugurated its regional headquarters (HQ) in Riyadh, according to a press release.

The new office promotes Saudi-focused product development and client delivery, anchoring Tarabut’s role as the technology infrastructure and intelligence layer for open banking in the Kingdom.

Abdulla Almoayed, Founder and CEO of Tarabut, commented: “Saudi Arabia has shown that transformation is not a buzzword, it is a blueprint. Establishing our headquarters in Riyadh is a long-term commitment to the Kingdom, and our pledge to build, to serve, and to grow alongside our regulator, partners, shareholders, and team.”

Tarabut has already achieved full connectivity to all major Saudi banks and signed landmark partnerships with institutions, including Alinma Bank, the Saudi Awwal Bank (SAB), and the Saudi National Bank (SNB).

In a previous interview with Mubasher,  Almoayed revealed that they prioritize boosting partnerships in Saudi Arabia.