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Source Finextra finextra.com Media Center
October 26, 2026 ai_technology fintech

PayTabs agrees to buy SeaPay in Saudi Arabia

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Overview

PayTabs Group, MENA’s award winning payment solutions powerhouse and a top 100 global fintech company today announced it has signed a Memorandum of Understanding (MOU) to acquire 100% of SeaPay (Arab Sea Financial Company) from Saudi-listed Arab Sea Information Systems Company in a transaction aimed at strengthening the group's payment infrastructure and revenue model in its largest market.

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