Ottu Signs an MOU with Neoleap in a Strategic Move to Revamp Fintech Services

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Mar 7, 2024, Riyadh, Kingdom of Saudi Arabia

Ottu, a leading provider of online payment management solutions, and Neoleap, a major player in the Fintech industry, today announced a MOU to further Payment Gateway integration solutions. The signing ceremony took place in LEAP Conference in Riyadh. 

This partnership combines Ottu's innovative online payment management solution with Neoleap's expertise in advanced payment and digital commerce technologies. Through this collaboration, Ottu aims to streamline and optimize online payment processes across various industries, empower businesses with an efficient ecosystem for managing online sales channels and integrating multiple payment methods, and deliver transformative digital experiences to users.

"We are excited to partner with Neoleap, a company that shares our vision for shaping the future of the online payments sector," said Talal AlAwadhi, CEO of Ottu. "This partnership will enable us to offer our users even more innovative and efficient online payment solutions."

Neoleap specializes in providing advanced payment and digital commerce technologies, shaping the future of the financial sector. With a commitment to driving digitization and fostering a cashless society, it stands at the forefront of transforming the payment ecosystem in the Middle East and Africa.

“We are thrilled to kick off our partnership with Ottu to offer our innovative payment solutions for Ottu’s customers with a seamless integration” Abdullah Alibrahim, Neoleap CEO “By combining our expertise in payment processing with Ottu’s OPMS solutions, we aim to set a new standard for simplicity, security, and reliability in the industry.”

This partnership marks the beginning of an exciting chapter for Ottu and Neoleap, as they work hand-in-hand to redefine the future of financial technology.

About Ottu:

Ottu, a leading fintech company, is revolutionizing online payments for merchants in the MENA region. Through continuous innovation and direct integrations with banks, Ottu empowers businesses with seamless and secure payment solutions. Ottu's dedication to fostering strategic partnerships with banks, schemes, and acquirers fuels the growth of the fintech ecosystem, ultimately creating a more robust and inclusive financial landscape across the region.
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About Neoleap:

Neoleap is a prominent player in the fintech industry, committed to shaping the future of payments and digital commerce. With a strategic vision and a customer-centric approach, Neoleap continually strives to bring innovative solutions to the market, catering to the evolving needs of users in the financial technology space.
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