UAE-based fintech Qashio, a leading corporate spend management platform, announced the acquisition of Sanad Cash, a Saudi Arabian expense management solution.
This deal marks a significant step in Qashio's growth into the Kingdom of Saudi Arabia (KSA), combining Qashio's spend management technology with Sanad Cash's local expertise.
The acquisition reinforces Qashio's long-term commitment to the region.
Author's summary: Qashio acquires Sanad Cash for Saudi expansion.