TPS Arabia, the Saudi arm of TPS Worldwide, has officially launched operations in Saudi Arabia with the inauguration of its new office in the King Abdullah Financial District (KAFD) in Riyadh, marking a significant step in the company’s regional expansion and engagement with Saudi Arabia’s growing digital economy. The inauguration ceremony was attended by H.E. Ahmad Farooq, Ambassador of Pakistan to Saudi Arabia, who served as the chief guest and highlighted the launch as a reflection of Pakistan’s expanding technology presence and growing collaboration with the Kingdom in financial innovation.
Shahzad Shahid, Group CEO of TPS Worldwide, said TPS Arabia represents a strategic move to work more closely with clients in Saudi Arabia, offering proven platforms in digital banking, payments, AI-driven digital transformation, and managed services. According to Shahid, TPS Arabia is positioned to support institutions in scaling operations and delivering secure, customer-centric experiences aligned with Saudi Vision 2030. Ahson Saeed, Managing Director of TPS Arabia, added that the Riyadh office will enable the company to drive next-generation payments and AI-powered transformation for banks, fintechs, corporates, and government entities, creating a localized hub for financial technology and innovation.
From its Riyadh base, TPS Arabia will provide a full suite of solutions to banks, financial institutions, and fintechs, including payment card processing, digital wallets, real-time payments, open banking, and payment orchestration services, complemented by local delivery, implementation, and managed services. Beyond financial institutions, the company will also assist corporates, businesses, and government organizations in implementing AI-driven digital transformation initiatives, covering robotic process automation (RPA), governance, risk and compliance (GRC), and workforce skill augmentation. The local presence aims to provide scalable and compliant solutions tailored specifically to Saudi Arabia’s market needs.
TPS Worldwide, headquartered in the Middle East, Africa, and Asia, is recognized as a leading provider of white-labelled digital banking and payments platforms, offering services to institutions of varying sizes. TPS Arabia, as the company’s regional entity in Riyadh, aims to deepen its footprint in Saudi Arabia’s fast-growing digital economy by partnering with banks, enterprises, and fintechs. Its offerings are designed to ensure secure, compliant, and scalable financial operations while enabling institutions to leverage AI and advanced technology for business process transformation. By establishing a local presence in KAFD, TPS Arabia positions itself to contribute to the Kingdom’s financial modernization efforts and provide innovative solutions that support institutional growth, efficiency, and customer experience.
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