Visa has officially been named a Founding Partner of 24Fintech, a milestone event for the fintech industry in Saudi Arabia.
This collaboration strengthens Visa’s strategic alignment with the Kingdom’s ambitious Vision 2030 goals.
Visa’s role underscores its dedication to enabling innovation across digital payments and financial technologies.
24Fintech is designed to accelerate fintech advancements and foster collaboration within the financial ecosystem.
The event runs from 3 to 5 September 2024 at Riyadh Front Exhibition & Conference Centre.
This premier venue is ideal for showcasing fintech developments and global digital transformation efforts.
Organizers include the Financial Sector Development Program (FSDP), SAMA, CMA, and the Insurance Authority (IA).
They are working alongside Fintech Saudi and Tahaluf to deliver an impactful and well-curated event.
Visa’s active involvement signals its commitment to the Kingdom’s economic diversification and innovation priorities.
As a Founding Partner, Visa will help elevate the dialogue around fintech opportunities in the region.
The company continues to expand its presence through strategic collaborations and local investments.
A new Visa Innovation Centre will open in Riyadh, supporting homegrown solutions and fintech startups.
This centre will serve as a hub for co-creation, experimentation, and regional product development.
Visa’s partnerships also include local stakeholders such as the Saudi Tourism Authority (STA).
These alliances are designed to enhance payment experiences and stimulate fintech ecosystem growth.
Visa Fast Track helps emerging fintechs scale quickly and integrate into Visa’s global network.
Visa Ready offers solutions that ensure businesses are compliant and ready to accept digital payments.
Both programs play a crucial role in building a connected, secure, and inclusive digital economy.
Ali Bailoun, Visa’s Regional GM, emphasized support for Saudi Arabia’s forward-looking fintech and innovation agenda.
He highlighted Visa’s passion for supporting the nation’s evolving financial landscape.
At 24Fintech, Visa will display its most advanced digital payment solutions and services.
Visa Direct enables secure, real-time transfers to accounts, cards, and wallets globally.
Visa Installments offers flexible payment plans that empower consumer choice and convenience.
Other highlights include advanced fraud detection tools and seamless contactless payment capabilities.
These innovations reflect Visa’s global expertise and regional commitment to digital excellence.
Visa will also spotlight fintech collaborations with Tarabut, Beyon, and Thawani.
These partnerships drive shared goals in open banking, financial accessibility, and cross-border innovation.
Each partner brings unique contributions that enhance the fintech value chain in the region.
Visitors are invited to explore these innovations at Visa’s interactive booth, Stand H1.E50.
Visa experts will be available to demonstrate technologies and answer fintech-related questions.
This experience is tailored to professionals, entrepreneurs, and government officials shaping Saudi Arabia’s financial future.

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