Geidea, one of Saudi Arabia’s largest fintechs by market share, is said to have named the global financial services and fintech professional Nick ogden to the board of directors of the company.
The management of Geidea States:
âHelping small businesses succeed is at the heart of what we do. Until recently, only the big guys could take advantage of the latest technology. Now we make best-in-class technology available to everyone, giving SMEs the chance to go ahead and go further.
In his new role, Nick will be responsible for guiding the vision for the company as it aims to position itself as the category-defining fintech services in Saudi Arabia.
Nick has helped establish several big names in financial services, including some of Europe’s largest payment processing companies, Worldpay and ClearBank, the UK’s very first clearing bank to launch in over 200 years (which Nick founded to provide open competition and transparency in the UK financial services market). Nick also founded RTGS.global, which is a real-time liquidity network.
Abdallah Al-Othman, founder and chairman of Geidea, said:
âWe are delighted to welcome Nick to the Geidea family. With his wealth of expertise and knowledge in the rapidly evolving payments, e-commerce and regulatory space, he will be an invaluable addition to the business as we continue to grow in the region and expand solutions from Geidea payment. We would like to add Nick’s diverse perspective to the way we approach our business, leveraging his global knowledge and tailoring it to the markets in which we operate.
Nick Ogden noted:
âI am delighted to join Geidea at such a pivotal stage in its growth and expansion. Geidea is a dynamic organization which has already significantly marked the fintech landscape. Having personally founded several successful companies, I know that the Geidea team shares my values ââof placing innovation and passion at the heart of business strategy. I look forward to seeing and helping drive the next stage of its growth in the MENA region and beyond. “