23 February 2021

Mastercard, Paymentology ink deals with Saudi FinTech Tweeq

Written By FinTech Alliance

Mastercard, Paymentology ink deals with Saudi FinTech Tweeq

Saudi FinTech Tweek ha signed exclusive partnership agreements with Mastercard and FinTech Alliance company Paymentology. 

In Brief: 

Tweeq is building a spending account for consumers and small businesses. 

The partnerships will enable digital payment solutions including a spending account and contactless cards. 

Paymentology offers digital commerce and payment solutions. 

What does this mean? 

The partnership aims to help develop a “first-class customer experience”. According to the release, the partnership agreements are in line with Saudi Vision 2030, a plan to reduce the country’s dependence on oil, part of which is to “develop the FinTech environment and provide financial inclusion for all sections of society”. 

Read more here. 

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