Economy

SingleView Unveils Innovative Open Banking Solutions and Strategic Partnerships at 24Fintech

SingleView, a leading fintech company in open banking and B2B services, unveiled its innovative solutions during its participation in the “24Fintech” conference and exhibition, held at the Riyadh Exhibition and Convention Center from September 3 to 5. The showcased its latest digital-led banking innovations for retail and corporates, further strengthening its pivotal role in supporting financial transformation in Saudi Arabia.

At the conference, SingleView presented its market leading technology and ambitious vision to provide seamless online banking solutions for cash management, process automation and performance optimisation for businesses. Aligned with Saudi Vision 2030’s goal of advancing the financial sector, SingleView is playing a key role in building a strong digital infrastructure and promoting financial inclusion.

On this occasion, Abdulrhman Alarifi, CEO of SingleView, stated: “Our participation in 24Fintech Conference and Exhibition is an opportunity to highlight SingleView’s role in reshaping the financial landscape in the Kingdom. Our pioneering open banking solutions are designed to lead the future of financial services both inside and outside Saudi Arabia.”

One of the conference’s highlights was SingleView’s announcement of several high-level strategic partnerships aimed at expanding its impact across key sectors. This is in addition to signing an agreement with the Real Estate Development Fund “REDF” to enhance beneficiary experiences according to global standards by linking and managing remittances and bank accounts. This partnership strategically aligns with Saudi Vision 2030, contributing to economic diversification and accelerating digital transformation.

Among these partnerships is the collaboration with the General Organization for Social Insurance (GOSI). This collaboration is an essential step towards enhancing the efficiency of GOSI banking services, helping streamline its operations and improve financial performance.

In the field of technology and automation, SingleView entered into a partnership with ABANA to provide the latest innovative financial solutions to the business sector in the Kingdom. This partnership aims to develop advanced digital infrastructure that drives more innovation in the fintech world, reflecting SingleView’s commitment to remaining at the forefront of technological advancement.

Among its key achievements, SingleView signed its first Memorandum of Understanding with Sukuk Capital in the field of payment services creation. This milestone coincided with the Saudi Central Bank’s launch of the second phase of the open banking framework, positioning SingleView at the forefront with innovative products in line with regulatory advancements.

All these developments and partnerships with various entities aim not only to strengthen SingleView’s presence and deepen its influence in the financial sector but also to set new standards for the fintech sector in general. By building bridges of cooperation between various sectors such as real estate and insurance, SingleView is expanding the horizons of what fintech can achieve. Among its key partners are:

  • Bank Albilad
  • Walaa Cooperative Insurance Co.
  • Dallah Health
  • Tal Finance
  • SiFi
  • Alibaba Cloud

On the sidelines of the Conference SingleView announced the signing of agreements with:

  • Al Majal Al Arabi Group
  • AlMANEA Co.
  • Shawarmer
  • Al Meswak Medical Group
  • ALMUDAYFER
  • Moyaser Financial Co.

These partnerships are not just additional milestones but strategic steps that enhance digital transformation and broaden the horizons of fintech in the Kingdom, positioning SingleView at the forefront of financial innovation.

As it continues to lead in innovation and collaboration, SingleView is helping to shape the future of financial services in Saudi Arabia. With its commitment to Vision 2030, SingleView is poised to be a key driver of the Kingdom’s digital transformation, creating a more intelligent and interconnected financial ecosystem.

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