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HomeBusinessPluto Partners with neoleap for Saudi Market Expansion

Pluto Partners with neoleap for Saudi Market Expansion

Strategic collaboration aims to enhance financial management for Saudi businesses

September 18, 2024
in Business
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Pluto, a leading UAE-based expense and account payables management platform, has announced a strategic partnership with Saudi fintech company neoleap. This collaboration, revealed at the 24 Fintech conference in Riyadh, signifies Pluto’s entry into the Saudi market, facilitating seamless operations for its global clientele within the Kingdom.

Through this partnership, Pluto will integrate its corporate card and AI-powered expense management platform with neoleap’s financial solutions. This integration aims to simplify finance management for Saudi businesses by offering services like instant corporate card issuance, reimbursements, petty cash management, procurement, and accounts payable.

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Mohammed Ridwan, Co-Founder and COO of Pluto, stated, We are thrilled to join forces with neoleap. This collaboration not only strengthens our presence in the Saudi market but also aligns with our mission to build the future of CFO finance tooling. He emphasized the partnership’s potential to provide comprehensive financial solutions that streamline company spending.

neoleap’s CEO, Abdullah Al-Ibrahim, highlighted the milestone, saying, By joining forces with Pluto, we aim to enhance digital payments and provide innovative financial solutions that drive economic growth and efficiency for SMEs and large corporations.

Known for its innovative financial technology, neoleap aims to transform the digital payments landscape in Saudi Arabia. Leveraging neoleap’s infrastructure, Pluto plans to enhance financial management for a wide range of enterprises.

This partnership is a key part of Pluto’s growth strategy, building on its recent accolades, including being ranked #1 in EMEA for Procure to Pay Solutions and recognized globally as a top provider in Enterprise and SMB Expense Management by G2.

Tags: Expense ManagementFintech PartnershipneoleapPlutoSaudi Market
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