GO Telecom launches new lending services in Saudi Arabia powered by Temenos Core and Digital

GRAND-LANCY, Switzerland – AUGUST 6, 2026 – Temenos (SIX: TEMN), a global leader in banking technology, today announced that GO Telecom Group, one of the leading telecommunications operators in the Middle East, has entered the financial services sector with a new digital lending offering powered by Temenos Core and Digital for Retail Banking.

Established in 2009 and listed on the Tadawul Stock Exchange, GO Telecom Group has built a reputation for delivering cutting-edge connectivity, managed services, and digital solutions across the Kingdom of Saudi Arabia. With this strategic move into financial services, GO Telecom Group aims to diversify its portfolio and bring innovative, customer-centric lending solutions to the Saudi market under the GO Money brand.

To support this transformation, GO Telecom Group has implemented Temenos Core and Digital for Retail Banking with modules for Loan Origination, Servicing and Collections, Financial Crime Mitigation (FCM) and Islamic Finance. The project was delivered in collaboration with Temenos Delivery Partner, Ejada, ensuring a smooth and effective implementation.

By leveraging Temenos’ advanced technology, GO Telecom Group aims to accelerate customer onboarding, streamline operations, and deliver a superior digital lending experience. The new offering will initially focus on retail and micro-financing segments, supporting the Kingdom’s broader financial inclusion and digital transformation objectives.

Yahya Almansour, Group CEO of GO Telecom and Chairman of the Board of GO Money, commented: “Our expansion into digital financial services marks a proud milestone in GO Telecom’s journey. This strategic move reflects our commitment to innovation and delivering integrated solutions that empower our customers.”

Saleh Mutaleb Alanazi, CEO, GO Money, added: “The Temenos platform provides the flexibility and scalability we need to launch Sharia-compliant lending products, while ensuring a fully digital, straight-through processing experience for our customers.”

Santhosh Rao, Managing Director – Middle East and Africa, Temenos, said: “Congratulations to GO Telecom Group on this successful go-live, a key milestone in its strategic expansion into financial services. This project highlights the strength of our banking platform to support the growing convergence between telecommunications and financial services, enabling new entrants to deliver differentiated experiences with speed and reliability.”

This partnership marks a significant milestone in GO Telecom Group’s evolution and underscores Temenos’ growing presence in the Middle East as the platform of choice for digital banking transformation.

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