Latest news with #AyhamGorani
Zawya
29-04-2025
- Business
- Zawya
PEMO launches in Saudi Arabia to empower businsses with smarter expense managment
Riyadh, Saudi Arabia: Pemo, the all-in-one spend management platform, has officially launched in Saudi Arabia, offering cutting-edge financial solutions to businesses of all sizes across the Kingdom. Backed by $19 million in funding from global investors, the MENA-grown FinTech company will provide smart corporate and virtual cards, automated receipt collection, and AI-driven accounting to streamline expense tracking and invoice management, enabling Saudi companies to focus their time on innovating and driving the growth of their businesses. By having a presence in the market, Pemo aims to help contribute towards building Saudi's thriving FinTech ecosystem, which is being driven by the Kingdom's transformative Vision 2030 goals and its ambitions to be a digital-first economy. Partnering with neoleap, a subsidiary of alrajhi bank, Pemo will integrate its cutting-edge and user-friendly spend management platform with neoleap's innovative payment infrastructure, meaning that Saudi businesses will have full control over their finances, optimising their operations for greater transparency and efficiency. Over 6,000 customers already use Pemo, and the partnership with neoleap marks a natural step as the company enters the Saudi market. With government-backed initiatives, regulatory advancements and a thriving start-up scene, Pemo's focus will be on both servicing businesses and hiring talent over the coming year. A key priority for Pemo is to nurture and help build Saudi's FinTech ecosystem, providing opportunities for the next generation of leaders by investing in aspiring talent. Commenting on the company's launch into Saudi, Ayham Gorani, Co-Founder of Pemo, said: 'Saudi Arabia is undergoing a remarkable economic transformation, and businesses need smart, efficient financial solutions to fuel their growth efforts. By launching in the Kingdom, and partnering with a trusted entity like neoleap, we're bringing our platform to one of the most dynamic and forward-thinking markets in the region; we have always wanted to be in Saudi, and we are committed to helping support the Kingdom's goal towards a cashless future as part of its Vision 2030 ambitions. 'At the same time, we're excited to be investing in local tech talent and nurturing the next generation of FinTech leaders as we help towards building a sustainable, world-class FinTech ecosystem.' Echoing this sentiment, Abdullah Albrahim, CEO of neoleap, said: 'At neoleap, our mission is to reshape the financial landscape and equip businesses with the tools they need to thrive in an increasingly digital world. Our partnership with Pemo is a significant step in that direction, providing Saudi businesses with a seamless, AI-powered spend management solution fully integrated with neoleap's advanced payment infrastructure. This collaboration reflects our shared vision of enabling businesses to make smarter financial decisions, while advancing Saudi Arabia's FinTech ecosystem.' Pemo's move into Saudi marks three years of the business being in operation, with the company recently being named amongst the UAE's Top Future 100 companies and Forbes' Top UAE fintech companies.
Arab News
28-04-2025
- Business
- Arab News
UAE-based fintech Pemo enters Saudi market
Pemo, an all-in-one spend management platform, has officially launched in Saudi Arabia, offering cutting-edge financial solutions to businesses of all sizes across the Kingdom. Backed by $19 million in funding from global investors, the MENA-grown fintech company will provide smart corporate and virtual cards, automated receipt collection, and AI-driven accounting to streamline expense tracking and invoice management, enabling Saudi companies to focus their time on innovating and driving the growth of their businesses. By having a presence in the market, Pemo will help contribute toward building Saudi Arabia's thriving fintech ecosystem, which is being driven by the Kingdom's Vision 2030 and its ambitions to be a digital-first economy. Partnering with neoleap, a subsidiary of Alrajhi Bank, Pemo will integrate its cutting-edge and user-friendly spend management platform with neoleap's innovative payment infrastructure, meaning that Saudi businesses will have full control over their finances, optimizing their operations for greater transparency and efficiency. More than 6,000 customers already use Pemo, and the partnership with neoleap marks a natural step as the company enters the Saudi market. With government-backed initiatives, regulatory advancements and a thriving startup scene, Pemo's focus will be on both servicing businesses and hiring talent over the coming year. Ayham Gorani, co-founder of Pemo, said: 'Saudi Arabia is undergoing a remarkable economic transformation, and businesses need smart, efficient financial solutions to fuel their growth efforts.' By launching in the Kingdom, and partnering with a trusted entity like neoleap, we're bringing our platform to one of the most dynamic and forward-thinking markets in the region; we have always wanted to be in Saudi, and we are committed to helping support the Kingdom's goal toward a cashless future as part of its Vision 2030 ambitions. 'At the same time, we're excited to be investing in local tech talent and nurturing the next generation of fintech leaders as we help toward building a sustainable, world-class fintech ecosystem.' Echoing this sentiment, Abdullah Albrahim, CEO of neoleap, said: 'At neoleap, our mission is to reshape the financial landscape and equip businesses with the tools they need to thrive in an increasingly digital world. Our partnership with Pemo is a significant step in that direction, providing Saudi businesses with a seamless, AI-powered spend management solution fully integrated with neoleap's advanced payment infrastructure. This collaboration reflects our shared vision of enabling businesses to make smarter financial decisions, while advancing Saudi Arabia's fintech ecosystem.' Pemo's move into the Kingdom marks three years of the business being in operation, with the company recently being named among the UAE's Top Future 100 companies and Forbes' top UAE fintech companies.
Zawya
23-04-2025
- Business
- Zawya
Pemo launches in Saudi Arabia to empower businesses with smarter expense management
Riyadh, Saudi Arabia: Pemo, the all-in-one spend management platform, has officially launched in Saudi Arabia, offering cutting-edge financial solutions to businesses of all sizes across the Kingdom. Backed by $19 million in funding from global investors, the MENA-grown FinTech company will provide smart corporate and virtual cards, automated receipt collection, and AI-driven accounting to streamline expense tracking and invoice management, enabling Saudi companies to focus their time on innovating and driving the growth of their businesses. By having a presence in the market, Pemo aims to help contribute towards building Saudi's thriving FinTech ecosystem, which is being driven by the Kingdom's transformative Vision 2030 goals and its ambitions to be a digital-first economy. Partnering with neoleap, a subsidiary of alrajhi bank, Pemo will integrate its cutting-edge and user-friendly spend management platform with neoleap's innovative payment infrastructure, meaning that Saudi businesses will have full control over their finances, optimising their operations for greater transparency and efficiency. Over 6,000 customers already use Pemo, and the partnership with neoleap marks a natural step as the company enters the Saudi market. With government-backed initiatives, regulatory advancements and a thriving start-up scene, Pemo's focus will be on both servicing businesses and hiring talent over the coming year. A key priority for Pemo is to nurture and help build Saudi's FinTech ecosystem, providing opportunities for the next generation of leaders by investing in aspiring talent. Commenting on the company's launch into Saudi, Ayham Gorani, Co-Founder of Pemo, said: 'Saudi Arabia is undergoing a remarkable economic transformation, and businesses need smart, efficient financial solutions to fuel their growth efforts. By launching in the Kingdom, and partnering with a trusted entity like neoleap, we're bringing our platform to one of the most dynamic and forward-thinking markets in the region; we have always wanted to be in Saudi, and we are committed to helping support the Kingdom's goal towards a cashless future as part of its Vision 2030 ambitions. 'At the same time, we're excited to be investing in local tech talent and nurturing the next generation of FinTech leaders as we help towards building a sustainable, world-class FinTech ecosystem.' Echoing this sentiment, Abdullah Albrahim, CEO of neoleap, said: 'At neoleap, our mission is to reshape the financial landscape and equip businesses with the tools they need to thrive in an increasingly digital world. Our partnership with Pemo is a significant step in that direction, providing Saudi businesses with a seamless, AI-powered spend management solution fully integrated with neoleap's advanced payment infrastructure. This collaboration reflects our shared vision of enabling businesses to make smarter financial decisions, while advancing Saudi Arabia's FinTech ecosystem.' Pemo's move into Saudi marks three years of the business being in operation, with the company recently being named amongst the UAE's Top Future 100 companies and Forbes' Top UAE fintech companies.
Syyaha
23-04-2025
- Business
- Syyaha
PEMO LAUNCHES IN SAUDI ARABIA TO EMPOWER BUSINESSES WITH SMARTER EXPENSE MANAGEMENT
Riyadh, Saudi Arabia, 23rd April 2025:Pemo, the all-in-one spend management platform, has officially launched in Saudi Arabia, offering cutting-edge financial solutions to businesses of all sizes across the Kingdom. Backed by $19 million in funding from global investors, the MENA-grown FinTech company will provide smart corporate and virtual cards, automated receipt collection, and AI-driven accounting to streamline expense tracking and invoice management, enabling Saudi companies to focus their time on innovating and driving the growth of their businesses. By having a presence in the market, Pemo aims to help contribute towards building Saudi's thriving FinTech ecosystem, which is being driven by the Kingdom's transformative Vision 2030 goals and its ambitions to be a digital-first economy. Partnering with neoleap, a subsidiary of alrajhi bank, Pemo will integrate its cutting-edge and user-friendly spend management platform with neoleap's innovative payment infrastructure, meaning that Saudi businesses will have full control over their finances, optimising their operations for greater transparency and efficiency. Over 6,000 customers already use Pemo, and the partnership with neoleap marks a natural step as the company enters the Saudi market. With government-backed initiatives, regulatory advancements and a thriving start-up scene, Pemo's focus will be on both servicing businesses and hiring talent over the coming year. A key priority for Pemo is to nurture and help build Saudi's FinTech ecosystem, providing opportunities for the next generation of leaders by investing in aspiring talent. Commenting on the company's launch into Saudi, Ayham Gorani, Co-Founder of Pemo, said: 'Saudi Arabia is undergoing a remarkable economic transformation, and businesses need smart, efficient financial solutions to fuel their growth efforts. By launching in the Kingdom, and partnering with a trusted entity like neoleap, we're bringing our platform to one of the most dynamic and forward-thinking markets in the region; we have always wanted to be in Saudi, and we are committed to helping support the Kingdom's goal towards a cashless future as part of its Vision 2030 ambitions. 'At the same time, we're excited to be investing in local tech talent and nurturing the next generation of FinTech leaders as we help towards building a sustainable, world-class FinTech ecosystem.' Echoing this sentiment, Abdullah Albrahim, CEO of neoleap, said: 'At neoleap, our mission is to reshape the financial landscape and equip businesses with the tools they need to thrive in an increasingly digital world. Our partnership with Pemo is a significant step in that direction, providing Saudi businesses with a seamless, AI-powered spend management solution fully integrated with neoleap's advanced payment infrastructure. This collaboration reflects our shared vision of enabling businesses to make smarter financial decisions, while advancing Saudi Arabia's FinTech ecosystem.' Pemo's move into Saudi marks three years of the business being in operation, with the company recently being named amongst the UAE's Top Future 100 companies and Forbes' Top UAE fintech companies.
Zawya
04-03-2025
- Business
- Zawya
Pemo partners with Hale Education Group to provide UAE students with summer internship programme
Dubai, United Arab Emirates: Pemo, an all-in-one spend management platform and a leading UAE-based FinTech, has announced a partnership with the Hale Education Group to provide High School students with hands-on experience of the business world, via a dedicated Summer Internship Programme. The programme, spearheaded by Pemo Co-Founder, Ayham Gorani and Peter Davos, Founder and CEO of Hale Education, has been uniquely developed to provide students with a firm grasp of working in a successful UAE home-grown FinTech, combining research and practical skills that should help support their Further Education journey. During the programme, students will be able to experience working on a range of different areas of the business, from product and software development, marketing and operations. It is hoped that by introducing students to the fast-paced world of startups, it will help aid their understanding of how to run a business, giving them a real view of entrepreneurialism. For the last twelve years, Hale has helped GCC students secure acceptances to leading US universities, including Stanford, MIT, Caltech, and Ivy League schools. 'Given the emergence of FinTech as one of the drivers of the global - and regional economy - and Pemo's phenomenal trajectory as a thriving UAE business, students will now have the ability to not only apply their learning in a professional setting, but meaningfully contribute to Pemo's growth story,' says Peter Davos, founder and CEO of Hale Education. 'Internships are a key component in the college admissions process, particularly those at firms like Pemo, in which interns work on small projects that lead to real impact', he added. The successful candidates are set to work closely with the Founders at Pemo on a series of interactive and real-life business and research tasks. Commenting on the initiative, Ayham Gorani, Co-Founder of Pemo said: 'We are excited to expose local students to the intersection of technology, entrepreneurship, and finance, empowering them with real-world skills through structured work experiences. By working directly with High School students, we hope to inspire them about the opportunities that exist in finance and technology careers, and also give them a taste of entrepreneurial life. 'Perhaps one day these students will go on to lead and start their own businesses, and so we're excited to play a role in opening their eyes to what is possible. We could think of no better partner than Hale Education to do this with, and we're looking forward to supporting the development of the next generation of UAE FinTech talent.' Pemo started back in 2022, with the company scaling rapidly following a series of investments and product developments that now sees the company work with over 5,000 customers, providing them with fast, transparent, and simplified invoice payment and expense management solutions, as well as smart corporate cards. Hale students interested in applying for the internship programme must submit a resume, transcript, and test scores to Hale Education.
