KamelPay, a leading fintech company providing financial access to more than 350,000 employees across over 700 companies in GCC markets, announced its selection by Alinma Bank to sign a strategic Memorandum of Understanding. The partnership aims to deliver innovative payroll solutions, further strengthening both institutions’ positions as among the most advanced and innovative financial players in the Kingdom.
This strategic alliance marks a bold step forward in reshaping the future of payroll and digital financial services in Saudi Arabia. By combining Alinma Bank’s trusted and integrated payroll infrastructure with Kamel Pay’s cutting-edge digital platforms, the partnership will empower employers with streamlined, secure, and automated payroll solutions—while granting workers instant, safe, and seamless access to their earnings through innovative prepaid card solutions tailored specifically for their needs.
Beyond operational excellence, this collaboration stands as a powerful testament to the shared vision of both institutions: driving financial empowerment, fostering inclusion, and creating a future where workers across the Kingdom can access the financial tools they deserve with dignity and ease.
Aligned with Saudi Arabia’s Vision 2030, this partnership not only reaffirms Alinma Bank’s forward-looking strategy “One Step Ahead”, but also amplifies Kamel Pay’s mission to pioneer technology-driven financial inclusion at scale. Together, the two institutions are poised to set new benchmarks in digital transformation, payroll innovation, and economic empowerment—heralding a new era of financial accessibility for the Kingdom’s workforce and business community.
