‎Derayah Financial and D360 Bank announce a technical integration enabling customers to conduct cash transactions exceeding SAR 100 billion

‎Derayah Financial and D360 Bank announce a technical integration enabling customers to conduct cash transactions exceeding SAR 100 billion ‎Derayah Financial and D360 Bank announce a technical integration enabling customers to conduct cash transactions exceeding SAR 100 billion

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The signing ceremony

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Derayah Financial Company (“Derayah“) announced the successful completion of technical integration with D360 Bank. As a result of such integration, cash transfers to and from Derayah customers’ accounts are expected to exceed SAR 100 billion over the next five years. This milestone further cements the positions of both institutions as leaders in financial innovation.

According to a statement by Derayah, the integration is designed to deliver a seamless, unified financial experience by combining Derayah’s expertise in asset management and brokerage, with D360 Bank’s advanced digital solutions. Customers of both Derayah and D360 Bank will enjoy access to a comprehensive suite of financial products and services through integrated digital platforms, enabling them to pursue their investment goals with greater ease and unprecedented efficiency.

Mohammed bin Saeed AlShammasi, CEO of Derayah Financial Company, said: “We are proud of this achievement, which marks a turning point in our services by enabling us to deliver innovative financial solutions that go beyond client expectations. Our partnership with D360 Bank reflects our commitment to creating real value and empowering clients to achieve their ambitions in today’s fast-evolving digital world.”

Eze Szafir, CEO of D360 Bank, commented: “This strategic integration underscores D360 Bank’s commitment to shaping the future of financial innovation. By delivering forward-looking digital solutions that complement Derayah Financial’s ambition and proven expertise, we are supporting the realization of Saudi Vision 2030 goals and the Financial Sector Development Program.”

Taha A. AlKwaiz, Founder and Chairman of Derayah Financial Company and D360 Bank, also emphasized, “From the outset, our vision has been to build a comprehensive financial ecosystem that unites institutional trust and traditional expertise with innovation and technical agility. This integration brings that vision to life and demonstrates that the roadmap to the future of financial services is through strategic collaboration that enables a uniquely enriched client experience.”

 

The signing ceremony

Derayah Financial Company (“Derayah“) announced the successful completion of technical integration with D360 Bank. As a result of such integration, cash transfers to and from Derayah customers’ accounts are expected to exceed SAR 100 billion over the next five years. This milestone further cements the positions of both institutions as leaders in financial innovation.

According to a statement by Derayah, the integration is designed to deliver a seamless, unified financial experience by combining Derayah’s expertise in asset management and brokerage, with D360 Bank’s advanced digital solutions. Customers of both Derayah and D360 Bank will enjoy access to a comprehensive suite of financial products and services through integrated digital platforms, enabling them to pursue their investment goals with greater ease and unprecedented efficiency.

Mohammed bin Saeed AlShammasi, CEO of Derayah Financial Company, said: “We are proud of this achievement, which marks a turning point in our services by enabling us to deliver innovative financial solutions that go beyond client expectations. Our partnership with D360 Bank reflects our commitment to creating real value and empowering clients to achieve their ambitions in today’s fast-evolving digital world.”

Eze Szafir, CEO of D360 Bank, commented: “This strategic integration underscores D360 Bank’s commitment to shaping the future of financial innovation. By delivering forward-looking digital solutions that complement Derayah Financial’s ambition and proven expertise, we are supporting the realization of Saudi Vision 2030 goals and the Financial Sector Development Program.”

Taha A. AlKwaiz, Founder and Chairman of Derayah Financial Company and D360 Bank, also emphasized, “From the outset, our vision has been to build a comprehensive financial ecosystem that unites institutional trust and traditional expertise with innovation and technical agility. This integration brings that vision to life and demonstrates that the roadmap to the future of financial services is through strategic collaboration that enables a uniquely enriched client experience.”

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