Riyadh, Saudi Arabia — November 2025
The 2025 edition of Aion Connect, held in Riyadh, brought together over 200 senior leaders from banks, fintechs, family offices and investors to discuss the next frontier of Saudi Arabia’s digital financial transformation — moving from vision to performance.
In a market where nearly $140 billion in shareholder value is at stake over the next three years, Aion Group positioned itself as the region’s execution partner of choice — transforming digital investment into measurable top-line and bottom-line impact.
“Saudi Arabia has moved beyond ambition — execution has become its discipline,” said Ashar Nazim, Group CEO of Aion. “The $140 billion question is simple: which banks will convert digital into tangible performance? That’s the race we’re helping win.”
Built in Riyadh, Aion Group operates three core engines:
- Aion – the digital infrastructure that enables 50 different types of financial businesses to launch in record time and at low cost, saving up to 70%.
- Spire – a licensed open-banking solution that enables small businesses and banks to collaborate safely to manage cash flows, profile credit and make SMEs bankable.
- Ai966 – an applied-AI venture to help convert over five trillion banking data signals that is annually generated in Saud, into real-time decisions that boost sales, improve customer retention, and manage risk.
Together, they form what Aion calls the Flywheel — infrastructure, open finance, and applied AI working in sync to deliver measurable P&L outcomes for banks, corporates, and fintechs.
Joint Announcements at Aion Connect 2025
Aion Connect 2025 also marked a series of bold, execution-driven partnerships announced live on stage — each built to move the P&L:
- With Accenture — Launch of the region’s first pre-integrated, AI-first full banking stack. A Saudi-model bank framework that lets financial institutions go live in months, not years.
- With NymCard — Enabling Wallet-as-a-Service and Lending-as-a-Service for banks and fintechs, simplifying the path to launch scalable payment and financing businesses in the Kingdom.
- With Kearney — A Saudi AI-at-Scale Playbook that turns the five-trillion data signals generated each year by banks into revenue, retention, and risk-intelligence outcomes.
- With Incorta — Building the data backbone that lets Saudi financial institutions access real-time analytics and applied AI models across every business line.
- Taswia AI — A new AI-first recovery platform built in Saudi to transform debt-collection from call centers to algorithms — unlocking value across FS, B2B, and B2C portfolios.
- Beon-IT — Announced its move to Riyadh as its MISA-approved head office, positioning itself as the national champion bridging ERP to embedded finance for Saudi corporates and SMEs.
Each partnership reinforces Aion’s mission — to build, from Riyadh, the digital infrastructure of financial performance across the GCC and beyond.
Aion Connect 2025 featured keynote discussions with regional and international leaders, including Adel Mallawi, Steve Bertamini, Hani El-Kukhun, Mohammed Alsuwayed and Henry Hoffmann, who explored the future of embedded finance, AI adoption, and ecosystem collaboration.
The Group also announced:
- The pre-Series A raise for Spire, focused on expanding open-banking capabilities across GCC markets.
- The seed round for Ai966, building execution-grade AI models for the financial sector.
“We’ve built Aion in Riyadh, with Saudi talent, to serve banks and institutions across the region,” said Nazim. “This is not another tech company — it’s the digital infrastructure delivering measurable value today.”
Aion’s clients include leading regional banks, finance companies, and fintechs. The Group’s upcoming roadmap focuses on scaling its digital infrastructure and AI platforms across Saudi Arabia, the UAE, and Qatar, partnering with institutions to capture the value at stake.
