alinma Digital Fund has announced a strategic investment and partnership with Qashio, the MENA region’s leading spend management and corporate card platform to continue its commitment to provide top-tier services to the corporate sector and offering advanced financial solutions to enhance operational efficiency.
The investment officially adds Qashio to alinma investment portfolio of financial technology (Fintech) companies, which includes notable names like Amwal Tech, Ejari, Lean Technology, NearPay, and several VC funds. This investment deepens the partnership between the two entities, aiming to develop a comprehensive spend management platform and deliver financial solutions to SME and corporate clients, ensuring they benefit from the latest global technologies
This strategic investment supports Saudi Arabia’s Vision 2030 by contributing to economic diversification, fostering financial innovation, and promoting a transition toward a cashless society. By combining alinma’s scale, credibility, and extensive client base with Qashio’s globally proven spend management platform, the partnership sets a new benchmark for corporate financial solutions in Saudi Arabia and the region.