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  2. Abumudayni: SiFi serves over 7K companies across Saudi Arabia

Abumudayni: SiFi serves over 7K companies across Saudi Arabia

NOHA.GAD
Sep 17, 2026
SiFi provides its services to more than 7,000 companies across Saudi Arabia

Riyadh - Exclusive Sharikat Mubasher:  The Saudi-based Simplified Financial Solutions Company (SiFi) delivers its services to more than 7,000 companies across the Kingdom, including the Public Investment Fund (PIF), KPMG, Nesma & Partners, and others, according to Abdulaziz Abumudayni, sales team leader at SiFi.

Speaking to Sharikat Mubasher on the sidelines of Money20/20 Middle East, Abumudayni said that SiFi, licensed by the Saudi Central Bank (SAMA), provides a digital wallet for companies to seamlessly manage payments and expenses, leveraging AI technologies to scale services.

SiFi offers a wide range of services, such as issuing an unlimited number of banking cards for companies and setting the expense limits according to each company’s needs and policies.

Abumudayni revealed that SiFi participated in Money20/20 Middle East to connect with customers and partners and present its new tech solutions.

Money20/20 Middle East 2026 took place in the Saudi capital from 14 to 16 September, connecting global financial leaders with the companies, institutions, and policymakers shaping the next phase of financial services in Saudi Arabia and across the region.

It gathered over 600 investors, more than 350 brands, over 350 speakers, and more than 150 startups, reinforcing Riyadh’s growing role as a meeting point for the global and regional financial ecosystem. 

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Simplified Financial Solutions Company
fintech
digital wallet
Money20 20 Middle East
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Abumudayni: SiFi serves over 7K companies across Saudi Arabia
Riyadh - Exclusive Sharikat Mubasher:  The Saudi-based Simplified Financial Solutions Company (SiFi) delivers its services to more than 7,000 companies across the Kingdom, including the Public Investment Fund (PIF), KPMG, Nesma & Partners, and others, according to Abdulaziz Abumudayni, sales team leader at SiFi.Speaking to Sharikat Mubasher on the sidelines of Money20/20 Middle East, Abumudayni said that SiFi, licensed by the Saudi Central Bank (SAMA), provides a digital wallet for companies to seamlessly manage payments and expenses, leveraging AI technologies to scale services.SiFi offers a wide range of services, such as issuing an unlimited number of banking cards for companies and setting the expense limits according to each company’s needs and policies.Abumudayni revealed that SiFi participated in Money20/20 Middle East to connect with customers and partners and present its new tech solutions.Money20/20 Middle East 2026 took place in the Saudi capital from 14 to 16 September, connecting global financial leaders with the companies, institutions, and policymakers shaping the next phase of financial services in Saudi Arabia and across the region.It gathered over 600 investors, more than 350 brands, over 350 speakers, and more than 150 startups, reinforcing Riyadh’s growing role as a meeting point for the global and regional financial ecosystem. 
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