Fortis Expands Fintech Solutions to Saudi Arabia's SME Sector
Fortis is expanding into Saudi Arabia to support SMEs with digital solutions. The company aligns its goals with Saudi Arabia's Vision 2030 and plans to tailor its platform to local regulations. Fortis recently raised twenty million dollars to support its expansion and product development.
Fintech company Fortis is expanding into Saudi Arabia to support small and medium-sized enterprises (SMEs) with its point of sale (POS), customer relationship management (CRM), and payments solutions.
Executive Vice President Arseny Kosenko shared the company’s immediate goals and long-term vision, highlighting their alignment with Saudi Arabia's Vision 2030.
Fortis plans to first solidify its presence in the UAE before entering Saudi Arabia and other Middle Eastern and North African markets.
The company aims to tailor its omnichannel platform to comply with local regulations and enhance its usefulness for Saudi businesses and consumers.
By focusing on SME financing and digital transformation, Fortis intends to empower businesses to thrive in a digital landscape while contributing to Saudi Arabia’s economic diversification.
The company recently raised 20 million dollars in investment to support its expansion plans, emphasizing a focus on growth, product development, and market introduction.
Executive Vice President Arseny Kosenko shared the company’s immediate goals and long-term vision, highlighting their alignment with Saudi Arabia's Vision 2030.
Fortis plans to first solidify its presence in the UAE before entering Saudi Arabia and other Middle Eastern and North African markets.
The company aims to tailor its omnichannel platform to comply with local regulations and enhance its usefulness for Saudi businesses and consumers.
By focusing on SME financing and digital transformation, Fortis intends to empower businesses to thrive in a digital landscape while contributing to Saudi Arabia’s economic diversification.
The company recently raised 20 million dollars in investment to support its expansion plans, emphasizing a focus on growth, product development, and market introduction.
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