•  The new platform is set to process SAR 325B in transactions and offers locally hosted, AI-driven payment infrastructure.
•  Features include real-time data tools, fraud reduction, and plug-and-play APIs for banks and financial institutions.
• PayTabs is already expanding to markets like UAE, Morocco, and Azerbaijan with plans to reach 1 million clients by July.

PayTabs

What happened? Saudi fintech firm PayTabs has launched a new AI-powered payment orchestration platform, developed fully in Saudi Arabia.

The launch comes amid a wider push from Saudi Arabia to position itself as a regional AI leader. Furthermore, this follows a series of  government-backed AI investments.

The platform expects to process over SAR 325 billion in transactions, targeting banks, financial institutions, and large corporations.

What’s new? Built in four months, the system includes a custom tool, PayTabs Moderator which gives institutions greater control over payments.

It is hosted locally and integrates plug-and-play APIs to streamline operations, reduce failed transactions, and support compliance.

AI-First Approach

Alongside the new platform, PayTabs introduced an AI Payment Acceptance Booster to minimize transaction declines. In addition, it also introduced a Data Warehouse project for real-time insights. 

Since mid-2024, the company has rolled out AI across operations: automating KYC/KYB, integrating AI-powered customer support, and using AI for fraud detection. Moreover, most departments are now undergoing structural changes to adapt to AI-led workflows.

Expanding Footprint The platform is operational in UAE, Morocco, and Azerbaijan, as PayTabs positions itself to export Saudi-built fintech infrastructure. By July 2025, it aims to serve over 1 million clients, with IPO readiness and international expansion also on the roadmap.

Bottom line: The move shows how fintech players in the region are using AI not just to optimize, but to scale across markets.