Nearpay, a Saudi-based fintech infrastructure company, has officially launched operations in the United States. In effect, it has become the first Saudi firm specializing in payment infrastructure to expand into the American market.
This strategic leap signals a bold move for the Kingdom’s fintech sector, as Nearpay positions itself among global innovators in digital payments.
A Saudi Trailblazer Goes Global
The U.S. expansion is being led by Co-founder Ali Mroueh alongside technical partner Hamzah Al Ghamdi. The latter’s leadership has been instrumental in building Nearpay’s advanced payment technologies.
The company’s goal is clear: to deliver world-class digital payment solutions, locally and globally. They aim to simplify and secure transactions for businesses of all sizes.
- ✅ Seamless payment integration
- ✅ Reliable infrastructure for modern fintech demands
- ✅ Globally scalable technology with local expertise
Nearpay’s strong track record in the Saudi market gives it a solid foundation to enter and scale. The roots will help it inside one of the most competitive fintech ecosystems in the world.
Technology-First, Globally Minded
On the social platform X (formerly Twitter), Co-founder Mohammad Aleban celebrated the move:
“Our goal at Nearpay is to deliver the greatest local and global technological value. With our tech team led by my partner and brother, Hamzah Al Ghamdi, we are confident, with God’s will, that we can provide the highest added technological value.”
This statement reflects the company’s deep commitment to innovation, strong leadership, and belief in Saudi Arabia’s growing role in global fintech.
Why the U.S. Market?
Expanding into the U.S. provides Nearpay with access to:
- ✅ A large and diverse fintech ecosystem
- ✅ Cutting-edge partnerships and collaboration opportunities
- ✅ A chance to benchmark its technologies against leading global players
The U.S. also offers the opportunity to work with businesses needing fast, secure, and scalable payment solutions, a perfect match for Nearpay’s infrastructure platform.
Building from Proven Success
In Saudi Arabia, Nearpay has already demonstrated the strength of its platform by helping businesses:
- ✅ Shift from legacy payment systems to modern, digital-first infrastructure
- ✅ Improve customer experience with frictionless transactions
- ✅ Ensure high security and reliable performance under pressure
The company’s ability to deliver results in a rapidly transforming regional economy sets the stage for success in more mature, complex markets like the U.S.
What’s Next?
As Nearpay plants its flag on U.S. soil, it joins a new league of globally ambitious Middle Eastern tech firms. The expansion marks more than just a geographic move, it’s a statement that Saudi innovators are ready to lead on the world stage.
Backed by a dedicated team, forward-thinking leadership, and a mission to modernize payments, Nearpay is poised to reshape how payment infrastructure is built and scaled, from Riyadh to New York.