Partnership delivers unified security across mobile, API, and blockchain ecosystems as GCC accelerates digital-first growth
Appknox, a global leader in mobile application security, has announced a strategic partnership with CredShields, an AI-powered blockchain security firm, to deliver end-to-end protection across mobile applications, APIs, and decentralized platforms.
The collaboration comes as Saudi Arabia and the UAE drive the region’s transition toward cashless, digital-first economies, with the GCC fintech industry projected to grow from $9.6 billion in 2025 to $32.9 billion by 2033. The two companies aim to close the gaps left by siloed security tools and provide enterprises with a unified, developer-first security model.
“Fintech ecosystems demand a new standard of trust.”
— Shashank, CredShields
“Saudi Arabia and the UAE are shaping the global blueprint for fintech and digital assets, and security must be the backbone of that transformation,” said Subho Halder, CEO & Co-Founder of Appknox. “Our partnership with CredShields delivers unified protection across mobile, API, and Web3 platforms, giving digital-first enterprises the confidence to innovate and scale in the cashless economy.”
“Security must be the backbone of digital transformation.”
— Subho Halder, Appknox
Pointing to the risks that come with rapid adoption of digital assets, Shashank, Co-Founder & CEO of CredShields, said: “The rise of cryptocurrency payments and decentralized finance demands a new standard of trust. By combining our Web3 security expertise with Appknox’s proven leadership in mobile security, we’re empowering fintech ecosystems to embrace holistic, future-ready protection.”
With blockchain-related hacks leading to over $2 billion in global losses last year, more than half tied to smart contract vulnerabilities, the partnership positions fintechs and enterprises across the GCC to scale securely, with resilience and compliance at the core of their digital growth.
