Page 12 - HYPERPAY PR REPORT - SEPTEMBER 2025

Press Release

HyperPay Strengthens Fintech Collaborations with MoUs

at Money20/20 Middle East 2025

23 September 2025- HyperPay, a leading payment service provider in the MENA region,
signed strategic Memorandums of Understanding (MoUs) with Mastercard and Mozn at
Money20/20 Middle East 2025, held in Riyadh. These partnerships are set to significantly

advance digital payments innovation and improve transaction security across Saudi Arabia, the
UAE, and Qatar.

The agreements represent a significant milestone for HyperPay, strengthening its position in
leading the region’s financial technology development and supporting broader initiatives under
Saudi Vision 2030 to boost fintech adoption and create a secure digital economy.

Muhannad Ebwini, Founder and CEO of HyperPay, said: “These two landmark
partnerships underscore our commitment to shaping the future of digital payments in the
region. 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. Together, these MoUs
strengthen our mission to deliver innovative and more secure payment experiences that will
transform the way businesses handle their financial operations in a rapidly evolving digital
economy.”,

In partnership with Mastercard, HyperPay will issue business cards tailored to the needs of
small and medium-sized enterprises (SMEs) and merchants across Saudi Arabia, the UAE, and
Qatar. These cards are designed to provide scalable, secure, and future-proof payment solutions

for businesses. This collaboration comes after HyperPay’s recent approval of its Electronic
Money Institute (EMI) license from the Saudi Central Bank (SAMA), enabling the company
to digitize SME payments more effectively.

Meanwhile, its agreement with Mozn, a regional leader in enterprise AI technologies, aims to
incorporate Mozn’s innovative Focal platform into HyperPay’s ecosystem. This partnership
seeks to enhance fraud prevention and financial crime compliance across HyperPay’s digital
transactions.

These strategic partnerships come at a time of increasing digital adoption in the region.
According to Mastercard insights, 93 percent of SMEs in Saudi Arabia are optimistic about the