Page 48 - Red Hat PR REPORT - FEBRUARY 2025

2/7/25, 2:23 PM Latest News

Red Hat and neoleap Collaboration Paves Way for

Application Modernisation and Enhanced

Customer Experience in Digital Financial Services

05/02/2025

Red Hat helped streamline neoleap’s technology operations and improve delivery

for faster innovation

February 04, 2025 – Red Hat, Inc., the world's leading provider of open-source solutions, today announced it
has collaborated with leading digital financial services company neoleap, a subsidiary of Alrajhi Bank, one of

the largest banks in Saudi Arabia, to create a new platform to bring innovative digital solutions to market
faster and with enhanced security features.

Headquartered in Riyadh, neoleap is a Saudi fintech company that provides a suite of digital solutions for

business needs. From the digital wallet to accepting payments through point of sales, restaurant solutions,
payment gateway, and card issuing, neoleap’s mission is to enable businesses of any scale to conveniently
manage their finances anytime and anywhere with a fingertip.

Staying ahead of competition and disruptors in the payments industry demands continuous improvement in

time to market, quality of service and compliance with regulation and security standards such as PCI-DSS.
Facing a monolithic development process, infrastructure availability and team availability challenges, neoleap

looked for a modern application platform that could enable it to step up its business agility.

neoleap took part in an immersive Container Adoption Journey led by Red Hat Consulting on the planning,
design and implementation of a new platform, tailored to neoleap’s unique challenges and objectives. This
included a gap analysis of neoleap’s existing DevOps processes followed by the build and ongoing

monitoring and optimisation of new processes. Applications are being modernized and migrated onto Red
Hat OpenShift, the industry’s leading hybrid cloud application platform powered by Kubernetes, with initial

use cases including Payment Wallet and Unified Merchant Portal applications.

Combining the capabilities of Red Hat AMQ and Red Hat OpenShift Platform Plus, which includes Red Hat

Advanced Cluster Security, Red Hat Advanced Cluster Management and Red Hat Quay, with modern CI/CD
processes, neoleap is able to streamline software development, with application deployment time reduced

from days to minutes. This plays a role in delivering neoleap's services faster to its target market.

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