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Saudi Arabia Completes World’s Largest Battery Energy Storage Project

JAKARTA – Egypt-based payment orchestration platform MoneyHash has strengthened its presence in the Saudi Arabian market through a strategic collaboration with WalaOne, a digital loyalty wallet provider. This partnership aims to simplify how merchants access and implement loyalty and rewards programs through a single, integrated platform.

About MoneyHash

Established in 2021 by entrepreneurs Nader Abdelrazik and Mustafa Eid, MoneyHash has built a comprehensive payment orchestration system that streamlines payment operations for businesses. Following a successful pilot program in 2022 that attracted prominent regional clients including Foodics, Rain, and Tamatem, the company launched its enterprise-focused product suite in October of the previous year.

The fintech startup raised $5.2 million in pre-Series A funding earlier in 2025 as part of its international growth plans. Saudi Arabia has become a key market for the company, which has recently finalized multiple partnership agreements in the kingdom.

Partnership Benefits

The collaboration combines MoneyHash’s orchestration technology with WalaOne’s multi-partner loyalty wallet, which consolidates reward points from various programs into one platform. Through MoneyHash’s unified API interface, businesses can integrate WalaOne’s services using the same process they would for activating payment gateways, digital wallets, or buy-now-pay-later options.

This integration eliminates the complexity of negotiating separate partnerships, managing multiple contracts, or developing custom loyalty infrastructure within existing business systems.

Strategic Vision

According to Abdullah El Khayat, General Manager and Country Director for Saudi Arabia at MoneyHash, loyalty programs have evolved beyond simple promotional tools. They now serve as fundamental components in building lasting customer relationships.

The partnership with WalaOne reinforces MoneyHash’s broader strategy to diversify its offerings by expanding alternative payment solutions, loyalty options, and additional value-added services for merchants across the region.

This move positions MoneyHash to better serve the growing demand for flexible, integrated payment and loyalty solutions in Saudi Arabia’s rapidly evolving digital commerce landscape.

 

Original Article:

Tirto.id. (2025, December 19). 7.8 GWh Saudi Arabia ESS Project Officially Connected to the Grid. Retrieved from https://tirto.id/78-gwh-saudi-arabia-ess-project-officially-connected-to-the-grid-hn5k