LEAP 2025, held in Riyadh from 9 to 13 February, highlighted Saudi Arabia’s commitment to financial technology and digital transformation. The event, held at the Riyadh Exhibition and Convention Center in Malham, Saudi Arabia, served as a stage for organisations to showcase their efforts in accelerating financial services in the region.
The five-day event saw experts from across the financial market come together to discuss and learn about AI-driven financial services, investment platforms, strategic partnerships, fraud prevention and more. With attendees getting a greater understanding of what firms are doing to help achieve the Kingdom’s Vision 2030 goal, we wanted to share some of the biggest announcements made at LEAP 2025.
LEAP 2025 featured a dedicated Fintech Track, covering digital banking, blockchain applications, and AI in finance. The Investor Stage provided additional insights into investment strategies in financial services.
Crowdfunding growth in Saudi Arabia
One standout panel included Mohammed El-Kuwaiz, chairman of the Capital Market Authority, who discussed the rapid expansion of crowdfunding platforms in Saudi Arabia. He noted that the sector has doubled annually over the past three years, surpassing SR3billion ($800million) in capital in the previous year.
Fintech innovations and regulatory developments
Another panel explored AI-powered financial solutions and emerging blockchain use cases. It also touched on new regulatory frameworks that support the fintech industry in Saudi Arabia.
Investment strategies in the digital economy
Experts also provided insights into investment opportunities in Saudi Arabia’s digital economy in other , discussing private equity, venture capital, and fintech-specific investment trends.
Partnerships and acquisitions
Zoom, in collaboration with Oracle Cloud Infrastructure (OCI), launched Zoom AI Companion in Saudi Arabia. This platform enhances financial compliance through real-time data processing, risk assessment, and regulatory alignment, ensuring that financial institutions meet Saudi Arabia’s evolving fintech regulatory landscape.
Saudi technology provider T2 acquired Moola, a corporate expense management platform. This move marks T2’s expansion into the fintech sector, strengthening its offering of AI-powered financial tools and automation solutions for businesses.
Saudi Telecom Company partnered with Shaffra to introduce AI-powered agentic solutions designed to automate financial workflows and improve decision-making. The initiative targets banking, fintech, and other financial sectors, allowing enterprises to integrate AI employees that streamline operations.
Saudi-based FAI partnered with KPI.com, a UK-based AI-powered business management platform, to improve tax compliance, accounting, and financial reporting for businesses in Saudi Arabia and Central Asia. This initiative aims to provide end-to-end financial automation solutions, helping companies navigate the Kingdom’s complex tax regulations.
Deloitte, a key partner at LEAP 2025, announced its collaboration with Salesforce to drive AI-led transformation in financial operations across Saudi Arabia. The partnership is designed to enhance AI-driven risk management, compliance automation, and Arabic-language AI capabilities, ensuring financial institutions stay ahead of regulatory and technological changes.
Cognizant and Upsource by Solutions announced a three-year partnership to enhance business process outsourcing (BPO) for financial services using AI-driven automation frameworks and compliance-focused solutions. This initiative aims to streamline financial operations, risk management, and customer service efficiency for financial institutions in Saudi Arabia.
Other announcements
Mozn unveiled new AI-powered fraud prevention tools as part of its FOCAL Risk and Compliance platform. The enhancements—device fingerprinting, fraud analytics, and fraud management-as-a-service (FMaaS)—offer businesses real-time fraud detection and risk mitigation capabilities.
RasMal, a Saudi fintech specialising in cap table management and investment governance, announced the closing of its $4.8million pre-series A investment round, led by Syndicate Element Holding Group (SHG). The funding will enhance automated equity transfers, fundraising processes, and investor relations, aligning with Saudi Arabia’s fintech ecosystem growth.
