Inclusive Financial Solutions and Aurionpro forms Joint Venture in Saudi Arabia
Inclusive Financial Solutions (IFS), a leading Saudi Arabia-based fintech and Aurionpro Solutions Pte Ltd, an Aurionpro subsidiary in Singapore, ink a strategic partnership agreement to establish a new joint venture company, Aurionpro MENA, to provide cutting-edge solutions to banks and fintechs in the Kingdom of Saudi Arabia. The joint venture based in Riyadh will accelerate the efforts of IFS to further the development of financial sector in the Kingdom, which is in line with the Vision 2030. Aurionpro with its cutting-edge solutions backed by strong capabilities will work with IFS to jointly serve the Saudi Arabian market.
Adel Ibrahim Alsubeaei, Founder and CEO, IFS, said: “Aurionpro has the perfect blend of technology and capabilities that fit in our mission to redefine banking and payments in Saudi Arabia. This agreement corroborates the vision of IFS to build strategic partnerships with specialized global experts. Aurionpro will help us introduce and localize advanced financial technologies in the Saudi market.”
Commenting on the new joint-venture, Mr Paresh Zaveri, Chairman and Managing Director, Aurionpro Solutions Limited, said: “Aurionpro is deeply honoured with this strategic partnership with IFS. This highly disruptive and strategically important partnership, will allow us to significantly grow our presence in the MENA region.”
About Inclusive Financial Solutions:
IFS is a pioneer in the field of payment aggregation and e-invoicing. IFS is one of the first companies in the Kingdom to offer such solutions and have obtained a digital payments license from the Saudi Central Bank (SAMA).
About Aurionpro Solutions Limited:
Aurionpro Solutions Limited (NSE: AURIONPRO) (BSE: 532668) is an advanced technology solutions company catering to the needs of the Banking, Mobility, Payments, and Government sectors. It converges multiple technology solutions under a single umbrella – Advanced and Accelerated Platform-led Transformation (ADAPT) to the ‘New Digital World’. Headquartered in Mumbai, India, the company serves globally with the expertise and commitment of 1700+ passionate people supporting its journey.
