Riyadh, Saudi Arabia – September 22, 2025 – TPS Arabia, the Saudi subsidiary of Pakistan-headquartered TPS Worldwide, has officially launched operations in the Kingdom of Saudi Arabia with the inauguration of its new office at the prestigious King Abdullah Financial District (KAFD). The launch marks a major milestone in the company’s regional growth strategy and its commitment to advancing Saudi Arabia’s rapidly evolving digital economy under Vision 2030.
The inauguration ceremony was attended by H.E. Ahmad Farooq, Ambassador of Pakistan to Saudi Arabia, who graced the occasion as the chief guest. He praised TPS Arabia’s expansion as a reflection of Pakistan’s growing global technology footprint and as an opportunity to further strengthen bilateral cooperation between Pakistan and Saudi Arabia in the areas of digital transformation and financial innovation.
Strengthening Regional Presence
Commenting on the launch, Shahzad Shahid, Group CEO of TPS Worldwide, highlighted the strategic importance of the new Riyadh office. “TPS Arabia is a key step in our journey to work even closer with clients in the Kingdom. With our proven digital banking and payments platforms, technology consulting, AI-driven digital transformation, and managed services, we are ready to help institutions innovate, scale, and deliver secure customer experiences in line with Saudi Vision 2030.”
Ahson Saeed, Managing Director of TPS Arabia, added: “With TPS Arabia now rooted in Riyadh, we’re ready to supercharge innovation for banks, fintechs, corporates, and government entities – driving next-gen payments and AI-powered transformation across the Kingdom.”
Enabling Next-Gen Digital Payments
From its Riyadh base, TPS Arabia will provide banks, financial institutions, and fintechs with a comprehensive suite of digital payment solutions. These include:
- Payment card processing
- Digital wallets
- Real-time payments
- Open banking frameworks
- Payment orchestration services
The company’s localized delivery and managed services will ensure that Saudi clients receive tailored, compliant, and scalable solutions designed for the Kingdom’s fast-growing financial ecosystem.
Expanding Beyond Financial Services
While financial institutions remain a primary focus, TPS Arabia also aims to support corporates, enterprises, and government bodies in their broader digital transformation journeys. The company will deploy AI-driven technologies across areas such as robotic process automation (RPA), governance, risk and compliance (GRC), and skill augmentation, with a strong emphasis on local delivery and capacity building.
Strategic Impact on Saudi Vision 2030
Saudi Arabia’s Vision 2030 places digital transformation at the heart of its economic diversification strategy. By introducing locally embedded digital banking, payments, and AI-based solutions, TPS Arabia intends to play a key role in enabling the Kingdom’s ambition of building a robust digital financial ecosystem that caters to consumers, businesses, and government entities alike.
About TPS Worldwide
Headquartered in Pakistan, TPS Worldwide is a leading global provider of digital banking and payments platforms. Its white-labelled solutions power card issuing, acquiring, digital channels, real-time payments, open banking, and digital wallets for a wide range of institutions across the Middle East, Africa, and Asia. With decades of experience, TPS has been at the forefront of driving financial inclusion and digital adoption in emerging markets.
About TPS Arabia
As TPS Worldwide’s dedicated Saudi entity, TPS Arabia is headquartered at Riyadh’s King Abdullah Financial District (KAFD). The company works with banks, fintechs, enterprises, and government institutions to deliver secure and compliant financial solutions, along with advanced AI-driven transformation services. The launch of its Riyadh office underscores TPS’s long-term commitment to the Kingdom and its role in shaping the future of digital payments and financial services in Saudi Arabia.
Follow the SPIN IDG WhatsApp Channel for updates across the Smart Pakistan Insights Network covering all of Pakistan’s technology ecosystem.
