Posted 4/6/2024, 7:45:55 PM
US Fintech Startup MoneyHash Raises $4.5M, Plans Saudi Arabia Expansion to Tackle Payment Challenges
- US fintech startup MoneyHash raised $4.5 million in seed funding, eyes expansion into Saudi Arabia's growing fintech market
- Aims to tackle payment sector challenges in Saudi, helping businesses recover lost revenue due to failures
- Plans to build a solution hub in Saudi, hire dedicated local team to serve the market
- Sees Saudi as a pivotal hub to build an ecosystem of payment tech solutions and innovations
- MoneyHash's technology allows it to serve the Saudi market comprehensively, with plans for new localized products