Riyadh - Sharikat Mubasher: MoneyHash, a leading payment orchestration platform, partnered with the award-winning restaurant and payment tech company, Foodics, to increase operational efficiency and enhance payment solutions in the food and beverages (F&B) sector across the Middle East and Africa (MEA) region.
Through this partnership, both parties aim to address current operational challenges and shape the future of the restaurant market in the region, the company announced in a statement today.
By combining MoneyHash's leading-edge solutions with Foodics' industry-leading restaurant management platform, this collaboration targets empowering businesses to scale efficiently and thrive in a highly dynamic market.
Nader Abdelrazik, Co-founder and CEO of MoneyHash, stated that the partnership with Foodics represents a significant milestone in the company’s mission of transforming payment operations for the F&B sector in MEA.
“By combining our advanced payment orchestration capabilities with Foodics' robust restaurant management platform, we're creating a more efficient and reliable payment ecosystem for thousands of restaurants across the region,” Abdelrazik added.
For his part, CEO of Foodics Ahmad AlZaini, commented: "This strategic partnership with MoneyHash aligns perfectly with our mission to empower restaurant owners with cutting-edge technology solutions.”
He noted that MoneyHash's advanced payment orchestration capabilities will enhance Foodics’ ability to provide seamless and reliable payment processing for its merchants while facilitating the entire process for time-pressured consumers.
It is worth mentioning that MoneyHAsh recently secured $5.2 million in a pre-series A to accelerate its market penetration in the region.
MoneyHash is a leading all-in-one payment orchestration and revenue operations platform in the MEA region. It offers a comprehensive payment operating system built for emerging markets, transforming existing payment setups into high-performance engines.
