stc pay has signed a Memorandum of Understanding (MoU) with Direct School. The MoU was signed during stc pay’s participation in Leap 2024 as a digital banking sponsor, in the presence of Atul Choudrie, Chief Commercial Officer of stc pay, and Sadiq Alhusain, Chief Executive Officer of Direct School.

The MoU aims to provide digital financial solutions for educational services for parents.