Qashio, the UAE’s leading corporate spend management platform, today announced its acquisition of Sanad Cash, one of Saudi’s first and most established expense management solutions. This landmark deal marks a major leap in Qashio’s growth into the Kingdom of Saudi Arabia (KSA) and reinforces its long-term commitment to the region.
The acquisition combines Qashio’s industry-leading spend management technology with Sanad Cash’s deep local expertise, enabling Saudi businesses to access a fully localised, compliant, and seamless platform for managing corporate expenses and cards. The two market leaders joining forces will also enable Saudi clients to expand globally through Qashio’s international presence in EU, UK, and the UAE. This strengthens Qashio’s position as the region’s most comprehensive and only international spend management solution for businesses.
The move is designed to fuel Qashio’s expansion into Saudi Arabia. By combining forces, Qashio will offer enhanced localised features, streamlined regulatory compliance, and unmatched rewards for Saudi enterprises, which are increasingly shifting towards digital payments in line with the Kingdom’s Vision 2030 for a digital society. Existing Qashio clients will be able to get locally issued cards in KSA.
To support this major growth phase, Qashio is launching an extensive recruitment drive. The company currently has over 120 open positions across multiple functions to be filled within the next six months, reflecting its global ambitions. These new roles will be distributed across key operational and expansion markets, including Europe, Jordan, the UK, Dubai, Abu Dhabi, and KSA.
With this acquisition and expansion, Qashio continues its mission to transform how companies across MENA and beyond manage their finances, driving efficiency, visibility, and rewards on every transaction.
