HyperPay Signs Strategic MoUs at Money20/20 Middle East 2025 to Accelerate Fintech Innovation in the Middle East

HyperPay, a leading payment service provider in the Middle East and North Africa (MENA) region, has signed strategic Memorandums of Understanding (MoUs) with global payments giant Mastercard and regional AI leader Mozn during the Money20/20 Middle East 2025 event in Riyadh. These landmark collaborations are set to advance digital payments innovation and bolster transaction security across Saudi Arabia, the UAE, and Qatar, reinforcing the region’s push toward a secure, digitally-driven economy .

A Major Leap for Regional Fintech Infrastructure

The agreements, announced at one of the world’s largest fintech gatherings, underscore HyperPay’s commitment to shaping the future of digital payments in the Middle East. Money20/20 Middle East 2025, held at the Riyadh Exhibition and Convention Centre, brought together more than 45,000 industry participants, including top brands, investors, and innovators from over 40 countries.

Muhannad Ebwini, Founder and CEO of HyperPay, highlighted the impact of these deals, stating, “Our collaboration with Mastercard is a milestone in HyperPay’s mission to promote digital inclusion and empower SMEs across Saudi Arabia, the UAE, and Qatar with modern payment solutions. At the same time, our integration of Mozn’s Focal platform enhances our fraud prevention capabilities and builds trust with every transaction.”

Key Features of the Partnerships

• Mastercard Collaboration: HyperPay will issue business cards designed specifically for small and medium-sized enterprises (SMEs) and merchants, offering scalable, secure, and future-proof payment solutions. This move follows HyperPay’s recent approval for an Electronic Money Institute (EMI) license from the Saudi Central Bank, positioning the company to further digitize SME payments across the region.
• Mozn Partnership: By integrating Mozn’s innovative Focal platform, HyperPay aims to enhance fraud prevention and financial crime compliance, strengthening trust and security for digital transactions These partnerships align with Saudi Vision 2030, which seeks to foster a secure digital economy and widespread fintech adoption. Mastercard insights reveal that 99% of SMEs in Saudi Arabia already accept digital payments, with 93% expressing optimism for the year ahead—a sign of robust demand for secure, flexible payment solutions.

Innovations on Display at Money20/20

HyperPay also showcased its latest payment innovations at the event, including advanced tokenization for transaction security, contactless mobile payments through HyperTap, and a real-time business payments tracking app. These offerings are PCI-DSS and ISO certified, ensuring high standards of security and compliance, and are fully regulated by the Saudi Central Bank .

Regional Expansion and Future Outlook

With its sights set on Bahrain, Egypt, and Qatar as next expansion targets, HyperPay is positioning itself as a regional leader in payment gateway services. The company’s ongoing efforts are expected to set new benchmarks for digital transformation in the MENA payments sector.

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Table: HyperPay’s Strategic Partnerships at Money20/20 Middle East 2025