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Reading: Mozn Recognized as one of the World’s Top FinTech Companies in 2024 for the Second Year in a Row
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Gulf Press > Business > Mozn Recognized as one of the World’s Top FinTech Companies in 2024 for the Second Year in a Row
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Mozn Recognized as one of the World’s Top FinTech Companies in 2024 for the Second Year in a Row

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Last updated: 2024/07/15 at 10:07 AM
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Mozn, a Saudi-based enterprise AI technology company, has been named one of the Top 250 FinTech Companies globally by CNBC and Statista for the second year in a row. This recognition is part of the “World’s Top Fintech Companies 2024” report, which identifies companies providing innovative solutions to the financial industry. Mozn’s FOCAL platform, an AI-powered risk and compliance solution, has been instrumental in its success, helping businesses navigate regulatory environments and enhance risk intelligence.

Dr. Mohammed Alhussein, the Founder and CEO of Mozn, expressed his gratitude for the recognition, highlighting the company’s commitment to innovation in AI-driven financial risk and compliance. Mozn’s FOCAL platform has experienced significant growth, with a notable increase in its partner network, individuals screened, and financial transactions processed. Customer acquisition has also seen a remarkable 350% increase since 2022, underscoring Mozn’s impact in the financial technology sector.

Mozn’s recognition by CNBC and Statista underscores its vital role in shaping the future of financial technology and its commitment to being the region’s AI powerhouse. The company’s success is attributed to its dedication to innovation, customer-centric approach, and strategic partnerships. By leveraging AI and advanced technologies, Mozn continues to drive growth and transformation in the financial industry, aligning with the goals of Saudi Vision 2030.

The prestigious accolade further solidifies Mozn’s position as a leader in the FinTech space, showcasing its ability to provide cutting-edge solutions that address the evolving needs of the financial sector. Through its FOCAL platform, Mozn enables organizations to mitigate financial crime, optimize compliance processes, and establish a secure operational framework. The company’s innovative approach has resonated with clients, partners, and industry experts, resulting in a growing customer base and widespread recognition.

As Mozn continues to expand its presence and enhance its offerings, the company remains focused on driving innovation, fostering collaboration, and delivering value to its stakeholders. By staying at the forefront of technological advancements and market trends, Mozn is well-positioned to lead the region’s FinTech industry and make a lasting impact on the global financial landscape.With a proven track record of success and a strong commitment to excellence, Mozn is poised to continue its growth trajectory and solidify its position as a key player in the FinTech market. Through its AI-driven solutions, strategic partnerships, and customer-centric approach, the company is well-equipped to address the evolving challenges and opportunities within the financial sector, ensuring sustainable growth and long-term success.

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News Room July 15, 2024
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