Riyadh - Exclusive Sharikat Mubasher: Qsalary, a Riyadh-based financial services application powered by ASFA Ventures, offers diverse and flexible solutions to empower both employers and employees, Co-founder and CTO Mohammed Badwi stated in an interview with Sharikat Mubasher.

Speaking on the sidelines of the Money 20/20 Middle East conference, Badwi clarified that the application enables employees to get their earned wages at any time without waiting for the usual salary date.

For employers, Qsalary provides simple and Shariah-compliant financial solutions that align with the organization's goals, ultimately boosting job satisfaction, enhancing employees’ loyalty, and reducing turnover rates.

Badwi highlighted Saudi Arabia’s position as a global fintech hub, affirming that the Kingdom leads the world in various pivotal sectors, such as B2B, lending, corporate services, and more.

He noted that fintech events such as Money 20/20 Middle East and 24 Fintech underscore Saudi Arabia’s commitment to bolstering the fintech ecosystem within the Kingdom and the broader region.

The Money 20/20 Middle East took place in Riyadh from 15 to 17 September, bringing together more than 450 global and regional fintech brands and over 1,050 investors from around the globe.

Co-organized by Fintech Saudi and Tahaluf, the conference addressed key topics shaping the future of the financial sector, including artificial intelligence (AI) in financial services, open banking and open finance, instant payments, and data governance and regulations.

With the theme “Where Money Does Business,” Money20/20 Middle East featured dedicated partnership pavilions, executive networking lounges, and curated meeting programs to maximize ROI for sponsors and exhibitors.