Ottu opened its regional office in the capital, Riyadh, specifically in Al-Mashareq Tower in the Olaya district, and caters to all the regions of the Kingdom of Saudi Arabia, according to the strategic expansion plan, and it is the fourth office after Kuwait, Bahrain and the Emirates.
Ottu payment gateway management solution spinned off in 2019 to cater to the regional and global enterprises to orechestrate online payments . Ottu positions itself uniquely by empowering medium and large organizations to connect with their banks directly, giving them the flexibility to manage and chose the best online payment gateway routing for a better reach and optimized commercial offering. It caters to differnet industry vertcals like Airlines, Banks, Insurance, real-estate, retail, Automobiles and multinational brands by offering industry specific modules to build world-class payment experiences for its customers.. Enterprises use Ottu single API to connect directly with multiple payment gateways, aggregators or PSPs to expand quickly to new markets in a secure and compliant manner.
Ottu integrates payments into your business operations in an efficient way with complete white-labelling without having to build your own payments infrastructure. Offered an a SaaS model, organizations need not worry about scaling costs due to revenue sharing
Ottu is one of the leading financial technology companies in the Middle East that provides Fintech solutions.
Mr Talal Al Awadhi, CEO of Ottu commented " By Opening our Riyadh office our ambition is to be part of the (rapidly growing) Saudi economy which plays a vital role in the over all development of Fintech in the MENA Region".