PayTic Expands to Saudi Arabia to Advance AI-Powered Payment Operations, Supported by AstroLabs
Riyadh, Saudi Arabia – September 3, 2026: PayTic, a fintech company headquartered in Canada and Morocco that builds AI-powered Intelligent Components for payment operations, has announced its expansion into Saudi Arabia with market entry support from AstroLabs, the Gulf’s leading business expansion platform.
The expansion marks a key milestone in PayTic’s regional growth as Saudi Arabia continues to build one of the world’s most advanced digital financial ecosystems. Under Vision 2030’s FinTech Strategy, the Kingdom is positioning itself as a global leader in financial technology by fostering innovation, strengthening regulation, advancing financial inclusion, and building a fully digital financial ecosystem.
PayTic enters the Saudi market at a time when the Kingdom stands out as one of the most mature and fast-growing digital payment markets globally. According to the Saudi Central Bank (SAMA), the number of electronic payment transactions grew by nearly 16% year-on-year in 2025, reflecting accelerating adoption across consumers, merchants, and financial institutions. This trajectory is creating an unprecedented need for intelligent, secure, and scalable systems capable of supporting the operational complexity behind digital payments.
As banks, fintechs, processors, and enterprise merchants in the Kingdom manage rising transaction volumes, evolving compliance requirements, and increasingly complex payment interfaces, the back office of payments is becoming a critical layer of financial infrastructure. PayTic addresses this need through AI-powered Intelligent Components designed to help organizations build, run, and operate payment systems with greater efficiency and control.
PayTic’s platform turns fragmented payment operations into intelligent, controlled, and scalable execution across reconciliation, dispute resolution, card scheme compliance, interface monitoring, network fees management, data intelligence, and payments stack modernization. The company already works with leading regional banks, fintechs, and processors across MENA, and its expansion into Saudi Arabia aims to support financial institutions and payment-led businesses in reducing manual intervention, improving operational control, and scaling payment operations in line with the Kingdom’s digital transformation agenda.
Commenting on the expansion, Imad Boumahdi, Founder and CEO of PayTic, said:
“Saudi Arabia is one of the most ambitious and fast-evolving fintech markets in the world today. As digital payments become a core layer of the Kingdom’s economy and national payment systems continue to scale, the operational layer behind those payments must become more intelligent, structured, and resilient. Our expansion into Saudi Arabia, supported by AstroLabs, reflects a long-term commitment to supporting Saudi banks, fintechs, processors, and enterprise merchants with the AI-powered components they need to operate payment systems with greater accuracy, efficiency, and control — at the scale Vision 2030 demands.”
PayTic’s expansion follows the recent launch of PayTic Intelligent Components and the integration of Guppy, a payments-focused AI platform. Together, these moves have strengthened PayTic’s ability to embed agentic AI, payments data, and deep industry expertise into how payment systems are built, monitored, and operated across their full lifecycle.
Commenting on the announcement, Fouad Fattal, VP of Commercial at AstroLabs, said:
“PayTic’s expansion comes at a pivotal moment for Saudi Arabia’s fintech sector. As digital payments continue to scale, financial institutions are looking for stronger, smarter infrastructure behind the scenes. AI is becoming essential to how payment operations are managed at scale — particularly across reconciliation, compliance, reporting, and dispute management. PayTic brings a highly relevant solution to this next phase of growth, and we are proud to support their entry into the Kingdom.”
With a global footprint spanning Canada, Morocco, the United Kingdom, France, and the United Arab Emirates, PayTic supports banks, fintechs, processors, and enterprise merchants in managing and scaling their payment operations. PayTic Intelligent Components are deployed in more than 30 organizations across over 15 countries, serving leading processors, fintechs, banks, and global enterprises in Europe, MENA, and North America.
As Saudi Arabia continues to advance its fintech ambitions, PayTic’s market entry is positioned to support the operational backbone of the Kingdom’s digital payments growth — enabling financial institutions and payment-led companies to scale with greater intelligence, speed, and control.
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About AstroLabs
AstroLabs is the Gulf’s leading business expansion platform and a long-standing partner for international companies expanding into Saudi Arabia and the UAE. Since 2013, AstroLabs has supported more than 2,000 expansions across the Gulf, including 1,000+ into Saudi Arabia, working with companies from 50+ countries across 37+ sectors, including London Business School, SentinelOne, Dolce & Gabbana, Systems Limited, Lenskart, and Axess Group. AstroLabs helps global and regional companies set up, operate, and scale in Saudi Arabia and the wider region, simplifying the path from market entry to full operation so businesses can stay focused on growth. With 100+ team members and a network of 20,000+ leaders, AstroLabs combines on-the-ground execution, sector depth, and market access to support companies as they enter and grow in the Gulf.
About PayTic
Build. Run. Operate. The back office of payments — with AI.
PayTic is a fintech company headquartered in Canada and Morocco, with operations offices in the United Kingdom, France, and the United Arab Emirates. The company supports banks, fintechs, processors, and enterprise merchants in managing and scaling their payment operations. PayTic Intelligent Components are deployed in more than 30 organizations across over 15 countries in Europe, MENA, and North America.