HyperPay launches HyperSpend for smarter corporate spending

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GHADA.ISMAIL
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Sep 16, 2026
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Riyadh – Sharikat Mubasher: Saudi Fintech HyperPay unveiled its HyperSpend, a corporate spend management platform, at Money20/20 Middle East 2026 in Riyadh.

The new platform expands HyperPay’s offering beyond payment acceptance, providing businesses with tools to manage and monitor corporate spending through a centralized system.

HyperSpend enables finance teams to issue virtual and physical prepaid corporate cards, set spending limits and merchant restrictions, and monitor transactions through real-time dashboards. The platform also supports digital receipt capture and automated approval workflows, helping businesses reduce manual expense processes.

Muhannad Ebwini, Founder and CEO of HyperPay, said the launch extends the company’s role in helping Saudi businesses digitize their financial operations by giving them greater control and visibility over corporate spending.

HyperPay said HyperSpend is designed to address the gap between digital payment acceptance and internal financial management, particularly as Saudi businesses expand.

The platform’s card and payment capabilities are supported by HyperPay’s commercial collaboration with Mastercard, while HyperPay operates as a company licensed by the Saudi Central Bank.

Money20/20 Middle East, the region's leading fintech event, runs from 14 to 16 September in Riyadh, bringing together over 600 investors, more than 350 brands, over 350 speakers, and more than 150 startups.

Throughout three days, the event will connect global financial leaders with the companies, institutions, and policymakers shaping the next phase of financial services in Saudi Arabia and across the region.


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