Tiqmo Company Profile

Background

Tiqmo is a financial technology company founded in 2020, headquartered in Riyadh, Saudi Arabia. The company specializes in providing seamless global money transfers and digital payment solutions. Its mission is to build an ecosystem for digital payments and services, offering a mobile wallet solution across the MENA region, including Saudi Arabia, UAE, Egypt, and Kuwait. Tiqmo's vision is to revolutionize the financial services landscape by delivering innovative and user-friendly payment solutions. The company operates within the financial services and fintech industry, aiming to enhance the efficiency and accessibility of digital transactions.

Key Strategic Focus

Tiqmo's strategic focus centers on developing a comprehensive digital payment ecosystem that caters to various sectors, including e-commerce, gaming, logistics, and education. The company's core objectives include:

Global Money Transfers: Facilitating seamless international transactions to enhance cross-border financial interactions.

Digital Payments: Providing secure and efficient digital payment solutions to businesses and consumers.

Mobile Wallet Solutions: Offering user-friendly mobile wallet services to streamline financial transactions.

Tiqmo utilizes advanced technologies such as mobile applications, secure payment gateways, and data analytics to deliver its services. The primary markets targeted include the MENA region, with a focus on Saudi Arabia, UAE, Egypt, and Kuwait.

Financials and Funding

As of July 2025, Tiqmo's annual revenue is estimated to be between $10 million and $50 million. The company has secured funding to support its growth and expansion initiatives. Specific details regarding the total funds raised, recent funding rounds, and notable investors are not publicly disclosed. The capital raised is intended to enhance Tiqmo's technological infrastructure, expand its service offerings, and strengthen its market presence in the MENA region.

Pipeline Development

Tiqmo is actively developing its digital payment solutions to cater to various industries, including e-commerce, gaming, logistics, and education. The company is focusing on:

E-commerce Solutions: Integrating payment systems to facilitate secure online transactions.

Gaming Industry Payments: Providing payment solutions tailored for the gaming sector.

Logistics and Education Payments: Developing payment systems to support logistics and educational services.

Specific timelines for anticipated milestones in these developments are not publicly available.

Technological Platform and Innovation

Tiqmo employs a robust technological platform to deliver its services, incorporating:

Mobile Applications: User-friendly apps for seamless money transfers and payments.

Secure Payment Gateways: Ensuring secure and efficient transaction processing.

Data Analytics: Utilizing analytics to enhance service offerings and customer experience.

The company leverages technologies such as Google Font API, PHP, and three.js to enhance its digital payment solutions.

Leadership Team

Tiqmo's leadership team comprises experienced professionals dedicated to driving the company's mission and vision. Key members include:

Rinat Ablet: Chief Executive Officer (CEO) and Founder.

Rinat Ablet: Group Chief Risk Officer (CRO).

Specific details regarding their professional backgrounds and contributions to the company are not publicly disclosed.

Leadership Changes

There are no publicly available records of recent significant changes or appointments within Tiqmo's leadership team.

Competitor Profile

Market Insights and Dynamics

The digital payment solutions market in the MENA region is experiencing significant growth, driven by increasing internet penetration, smartphone usage, and a shift towards cashless transactions. The e-commerce sector, in particular, is expanding rapidly, creating a demand for secure and efficient payment solutions.

Competitor Analysis

Tiqmo operates in a competitive landscape with several key players offering similar services. Notable competitors include:

MenaPay: A Dubai-based company providing blockchain-based payment solutions in the MENA region.

Cashee: A Dubai-based fintech company offering digital payment and financial services.

The Pulse: A Dubai-based company providing digital payment solutions and financial services.

These competitors focus on digital payment solutions, mobile wallets, and financial services within the MENA region.

Strategic Collaborations and Partnerships

In January 2024, Tiqmo partnered with Mastercard to enhance its payment services in Saudi Arabia. This collaboration aims to leverage Mastercard's brand recognition and payment processing capabilities to expand Tiqmo's market reach and revenue streams.

Operational Insights

Tiqmo's strategic considerations include differentiating itself through innovative payment solutions, user-friendly interfaces, and strong partnerships. The company focuses on expanding its service offerings to cater to various industries, including e-commerce, gaming, logistics, and education, to strengthen its market position.