Khazna Sets Sights on Major Saudi Expansion with SAR 500 Million Investment
Khazna Plans to Invest More Than SAR 500 Million in Saudi Arabia by 2030
Khazna, a fintech company, plans to invest more than SAR 500 million in the Saudi market by 2030 as part of its strategy to expand its presence in the Kingdom and strengthen its digital financial services.
Omar Saleh, CEO of Khazna, said Saudi Arabia is a key market in the company’s expansion strategy, with the company planning to continue investing in the market over the coming years.
The remarks were made on the sidelines of Money20/20, a major event bringing together fintech companies, financial institutions, and digital finance professionals.
Khazna operates in the fintech sector, providing digital financial solutions designed to improve access to financial services through its digital platforms.
The planned investment of more than SAR 500 million highlights the company’s focus on expanding its operations in Saudi Arabia through the end of the decade, while continuing to develop its presence in the Kingdom’s growing digital finance ecosystem.