Riyadh – September 22, 2025: TPS Arabia, the Saudi subsidiary of TPS Worldwide, has officially launched its operations in the Kingdom with the opening of a new office in the King Abdullah Financial District (KAFD). The inauguration ceremony was attended by Pakistan’s Ambassador to Saudi Arabia, H.E. Ahmad Farooq, who served as the chief guest.
Speaking at the event, Shahzad Shahid, Group CEO of TPS Worldwide, highlighted the significance of the launch, calling it a pivotal step in deepening partnerships within the Kingdom. “TPS Arabia allows us to work more closely with clients here. With our expertise in digital banking, payments, AI-driven transformation, and managed services, we are well positioned to support Saudi institutions in their journey toward innovation and secure customer experiences aligned with Vision 2030,” he said.
Ahson Saeed, Managing Director of TPS Arabia, added that the Riyadh base would serve as a hub for accelerating digital progress. “We’re here to supercharge innovation for banks, fintechs, corporates, and government organizations. From next-generation payments to AI-powered transformation, TPS Arabia is ready to make an impact across the Kingdom,” he noted.
Ambassador Ahmad Farooq praised the company’s expansion, emphasizing that the launch of TPS Arabia not only reflects Pakistan’s expanding technology footprint but also opens new opportunities for collaboration between the two countries in financial innovation and digital transformation.
From its Riyadh headquarters, TPS Arabia plans to deliver a wide range of services, including payment card processing, digital wallets, real-time payments, open banking, and payment orchestration. Beyond the financial sector, the company will also support enterprises and government bodies with AI-driven digital transformation, such as robotic process automation (RPA), governance, risk and compliance (GRC), and skill development programs all implemented locally and at scale.
About TPS Worldwide:
TPS Worldwide is a global provider of white-labeled payment and digital banking solutions, serving clients across the Middle East, Africa, and Asia. Its platforms support card issuing, acquiring, real-time payments, open banking, and digital wallets for institutions of all sizes.
About TPS Arabia:
Headquartered in Riyadh’s KAFD, TPS Arabia is focused on Saudi Arabia’s fast-growing digital economy. The company works with banks, enterprises, and fintechs to deliver secure and scalable financial solutions while also driving AI-powered transformation across the Kingdom.
