Qoyod announced a partnership with Masdar at Money20/20 Middle East 2026 in Riyadh, to bring digital solutions that help businesses raise their operating efficiency and move forward with their digital transformation.
The Qoyod and Masdar partnership was among Qoyod’s agreements at the conference, alongside the MoU with Bank Albilad and the partnership with Yasmina.
What the partnership aims to do
According to Qoyod’s announcement, the partnership aims to:
- Equip businesses in the Kingdom with digital solutions.
- Raise their operating efficiency.
- Support their digital transformation.
Qoyod said it is working with its partners towards a more integrated and flexible business ecosystem for companies in the Kingdom.
Who Masdar is
Masdar specialises in developing digital and data solutions. Its products include a platform that helps businesses track their health insurance compliance and their employees’ coverage status, which it showcased at Money20/20.
About Money20/20 Middle East
Money20/20 Middle East 2026 ran in Riyadh from 14 to 16 September at the Riyadh Exhibition and Convention Center in Malham. The organisers expected more than 38,000 visitors, 350 exhibitors and over 350 speakers.
About Qoyod
Qoyod is a Saudi cloud accounting system founded by Abdullah AlDayel in 2014. Small and medium businesses in the Kingdom use it to issue e-invoices that meet the requirements of the Zakat, Tax and Customs Authority (ZATCA), manage inventory and point of sale, and follow their financial reports. Qoyod also offers a bookkeeping service for owners who want a specialist accountant to run their books.
