Saad Ansari

Saad Ansari is the Co-founder and CEO of Xpence, a financial technology startup focused on providing intelligent banking services tailored for small and medium-sized enterprises (SMEs) and entrepreneurs. He holds an MBA from The University of Manchester, which he leveraged to develop Xpence's business model and strategy, leading to significant interest from various stakeholders in the financial sector.14

Under his leadership, Xpence has positioned itself as a pioneer in the region, offering the first digital-only business account aimed specifically at SMEs. The platform provides a suite of financial tools, including virtual and physical corporate cards, automated bookkeeping, and real-time financial monitoring. This approach addresses key challenges faced by new businesses, particularly in accessing banking services.123

Saad has been instrumental in securing regulatory licenses for Xpence in multiple countries including the UAE, Bahrain, and Saudi Arabia. His vision for Xpence extends beyond traditional banking services; he aims to create a comprehensive marketplace for financial and non-financial services that can better serve the unique needs of SMEs.12

In addition to his entrepreneurial endeavors, Saad has received several awards for his contributions to the fintech sector, including recognition from The University of Manchester's Intellectual Property arm.1 His recent strategic partnership with Visa further emphasizes Xpence's commitment to innovation and growth within the GCC market.2