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Masdar to launch Mufid service at Money20/20 Mideast

Masdar to launch Mufid service at Money20/20 Mideast

Masdar for Digital Products launched the "Mufeed for Financing" service during the Money20/20 Middle East 2026 conference, aimed at enhancing financial institutions' ability to access reliable data for credit decision-making. The service relies on a unified technical integration interface that consolidates data from leading sources for both government and private sector employees, enabling banks and financing companies to obtain more accurate and comprehensive insights about clients. It simplifies classification processes and accelerates decision-making with greater reliability. These solutions aim to promote digital transformation within the financial sector in Saudi Arabia, empowering institutions to develop their products and services, and modernize their operations to meet contemporary requirements. The service will be showcased to conference attendees through live demonstrations, with an invitation for financial institutions to visit Masdar’s pavilion to explore its capabilities and collaborate on developing digital financing solutions.

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