MENA Fintech Association

Binance-Affiliated BPay Global Licensed to Offer Payment Services in Bahrain

The Central Bank of Bahrain (CBB) has granted BPay Global a Payment Service Provider (PSP) license to operate in the Kingdom of Bahrain. BPay Global, a payment services company within the Binance Group, is now authorised to offer fiat-related services to Binance users worldwide. These services include fiat top-ups and withdrawals, custody, and other payment […]

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Top Fintechs in Bahrain to Know in 2025

Compared to more established and larger fintech markets like the United Arab Emirates (UAE) or Saudi Arabia, Bahrain has a smaller and more modest fintech ecosystem, with about 115 active fintech companies. But despite its relatively nascent stage, Bahrain has managed to foster the growth of several fintech firms that have gained significant prominence. Today, […]

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Crypto.com Gains Mastercard License to Launch Crypto Cards in Bahrain, GCC

Crypto.com has secured a principal network license from Mastercard, allowing it to issue cards directly on the latter’s network. The collaboration will support the introduction of a new crypto-linked card programme, starting in Bahrain with plans to expand across the Gulf Cooperation Council (GCC) region. The programme will leverage Crypto.com’s recently acquired Payment Service Provider […]

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Bahrain Emerges as a Regional Fintech Powerhouse

Bahrain has emerged as a regional financial hub in the Gulf Cooperation Council (GCC) region, propelled by a burgeoning fintech ecosystem, government support and pioneering initiatives such as the regulatory sandbox, cryptocurrency regulations and open banking rules. A new report produced by Bahrain Fintech Bay, supported by the Bahrain Economic Development Board (Bahrain EDB) and […]

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Malaysian Tranglo Launched in Oman, Qatar and Bahrain

Cross-border payment hub Tranglo has expanded its services into the Gulf Cooperation Council (GCC) region by launching in Oman, Qatar, and Bahrain. This move aims to address the rising need for efficient remittance services in the GCC region, a major player in the global remittance market. With this expansion, Tranglo’s payment solutions will be available […]

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Telr Expands to Jordan and Bahrain

Telr , a Dubai based payment gateway provider, announced expansion into Jordan and Bahrain. This strategic move reflects Telr’s unwavering commitment to driving digital transformation and supporting the growing e-commerce ecosystems in the MENA region. With Telr’s comprehensive payment solutions, businesses in Jordan and Bahrain can now seamlessly accept online payments, streamline transactions, and expand […]

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National Bank of Bahrain Launches Digital Banking Challenge

The National Bank of Bahrain (NBB) has officially announced the second edition of the NBB Digital Banking Challenge in partnership with the Bahrain FinTech Bay. The announcement was made during a signing ceremony at Fintech Forward 2024, where key representatives from both organizations gathered to formally launch the program. Building on the success of the […]

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