Wazen approval of the Central BankDecember 27, 2022
Wazen Financial Company participating in the GITEX Global 2023October 8, 2023
At Wazen Company, we’re thrilled to share our recent participation in the Seamless Saudi Conference's accompanying exhibition. During the event, we showcased our innovative suite of products and services, attracting a steady stream of visitors and prospective partners to our platform. In an exciting development, Wazen has officially announced the signing of two memorandum of understanding (MOUs). The first MOU was Signed with Wosool Company, while the second was with Moyasar Company. These agreements mark a significant step forward in our commitment to fostering strategic collaborations in the industry. Furthermore, our team engaged in numerous productive negotiations and extended offers to companies operating in the Payments field Such as AL Rajhi Bank, SABB Bank, and STC. These discussions aimed at exploring potential opportunities that will enable us to enhance our services and provide an even better experience for our valued customers. Stay tuned for more updates on our journey to delivering excellence in payment solutions through Wazen Pay.
Signing new agreements for Wazen at Seamless Saudi Arabia 2023 exhibition (Effective partnerships... and promising opportunities)
Wazen had participated in the exhibition accompanying Seamless Saudi Arabia 2023 exhibition, which was held at Riyadh on September 4-5. Wazen showcased its services and products and received VIP visitors and success partners through its display stand. Wazen announced the signing of a memorandum of understanding with Wosool Company, as well as signing a memorandum of understanding with Moyasar Company. The company conducted many discussions and presented possible opportunities with companies interested in the same field in order to provide better service to its customers. Seamless Exhibition is the largest and best event in Saudi Arabia in the digital fintech field, covering the latest innovations in this field, and in the field of payments, retail, e-commerce, home delivery, and digital marketing. In such a huge exhibition, Wazen is here for the second year in a row to display and learn more about digital fintech and to benefit others with our great experience in this field, and how to deal with business and use money in this era characterized by technological intelligence. We also exchange benefits and experiences with other companies operating in this sector. Therefore, we have signed several new agreements, memorandums of understanding and cooperation with some companies that we are pleased to cooperate with, which are:
- Moyasar Company: It is a Saudi company licensed by the Central Bank of Saudi Arabia and headquartered in Riyadh. It specializes in the field of digital fintech and providing electronic payment services to customers. A memorandum of understanding was signed with it in order to enhance and enable digital fintech services and electronic accounting and facilitate the entire electronic payment experience.
- Wosool Company: It is a Saudi company based in Riyadh. It provides digital fintech solutions for all the client’s needs to manage the company’s entire financial system automatically with the highest quality, in a safe and organized manner, whatever the sector or commercial activity of the company. A memorandum of cooperation was signed with it to exchange experiences and benefits in the fields of digital fintech, electronic payments, and the development of electronic accounting systems in order to fully increase the efficiency and quality of services provided to customers.
How does Wazen benefit from signing new agreements with other digital fintech companies?
By signing the memorandum of understanding with Moyasar and Wasool Company, this will help exchange experiences between Wazen and these companies and learn the best common and appropriate practices for companies, which will enable Wazen to increase the efficiency of the services provided in the field of digital fintech. It also helps to increase productivity in practice and develop accounting services in all sectors to which we provide our services at Wazen. The memorandum of understanding between Wazen, Wasool and Moyasar will allow for further cooperation through joint initiatives such as training programs and the exchange of knowledge and different experiences that are unique to each company. As we work to enhance our services at Wazen, we will also help develop the accounting sector in the Kingdom of Saudi Arabia, as the benefits of this cooperation are not limited to Wazen, Wasool, or Moyasar only, but rather its effects will spread to the digital fintech sector and electronic payment automation throughout the Kingdom and the benefit to the parties benefiting from it. Both government sectors and private companies. Through this strategic cooperation, all services at Wazen will become stronger, more accurate and efficient, enhancing our capabilities to better support the economy, accounting and management of companies with entirely Saudi hands and minds. And so on, you can see how the document of understanding and joint agreements between Wazen and companies operating in the same sector can serve as a starting point for amazing future cooperation, and the exchange of experiences and benefits in a way that benefits the client’s interest to provide the best service with the highest quality and efficiency to him in the field of digital fintech, technology, and financial accounting, including It benefits his business and his company. Join us now at Wazen and benefit from the advantages and services provided to your project and company to expand in the world of business and to have your administrative and financial operations according to periodic reports and flexible and accurate statistical data that you can access as quickly as possible, from any device, and from anywhere.
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