MENA Fintech Association

BENEFIT to Launch Cross-Border QR Payments with Alipay+

BENEFIT and Ant International have signed a MoU to introduce cross-border QR payments between Bahrain’s BENEFIT QR scheme and Ant International’s Alipay+ global wallet gateway in 2026. The partnership will allow over 15,000 Bahraini merchants to accept cross-border QR payments from Alipay+ partners, which currently connect more than 1.8 billion user accounts across 40 digital […]

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ARP Digital Signs Memorandum of Understanding with Cairo Amman Bank to Develop Virtual Asset Conversion Services

ARP Digital, licensed by the Central Bank of Bahrain as a Category 3 Crypto-Asset Services Provider, announced the signing of a Memorandum of Understanding with Cairo Amman Bank – Jordan, to explore avenues of cooperation in developing and providing regulated over-the-counter (OTC) virtual asset conversion services in Jordan and Bahrain. The collaboration aims to establish […]

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Bahrain, Singapore Launch National Digital Public Infrastructure Initiative

BENEFIT and Singapore-based technology company MonetaGo, in collaboration with Bahrain Fintech Bay (BFB) and the Bahrain Association of Banks (BAB), have begun implementing Bahrain’s National Digital Public Infrastructure (DPI) Initiative. The project aims to create a digital ledger for all financed trade transactions and invoice submissions, providing an alternative data credit score to support trade […]

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Tanami Launches SmartMatch, a Private Markets Robo-Advisor

Tanami, a Bahrain-based private markets investment platform, has introduced SmartMatch, described as the world’s first private markets robo-advisor, at the Singapore Fintech Festival 2025. SmartMatch allows investors to build portfolios across private equity, private credit, real estate, and infrastructure, tailored to their objectives, investment horizon, and risk profile. The platform uses proprietary algorithms to create […]

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Fireblocks to Power Digital Asset Custody and Treasury for Singapore Gulf Bank

Singapore Gulf Bank has partnered with Fireblocks to secure its digital asset custody and treasury operations. The fully licensed digital wholesale bank, regulated by the Central Bank of Bahrain, will use Fireblocks’ enterprise platform for custody, settlement, trading operations, and stablecoin payments. The system automates treasury workflows, manages liquidity across multiple accounts and venues, and […]

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National Bank of Bahrain Appoints Nabeel Mustafa as Group COO

The National Bank of Bahrain (NBB) has appointed Nabeel Mustafa as Group Chief Operating Officer. Mustafa brings over two decades of experience in the financial services sector and has held several senior leadership positions since joining NBB in 2018. He most recently served as Acting Group Chief Operating Officer, where he played a key role […]

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Binance’s BPay Global Enables Direct USD Transfers in 70+ Countries

Binance has introduced direct USD deposits and withdrawals for users in more than 70 countries. The service is available through BPay Global, a payment service provider licensed and regulated by the Central Bank of Bahrain and part of the Binance Group. Retail and corporate users in eligible countries can fund, store, and convert USD to […]

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ARP Digital Partners with BBK to Expand Cross-Border Settlement Infrastructure

ARP Digital, a global leader in stablecoin-based settlement infrastructure, today announced a strategic partnership with BBK (Bank of Bahrain and Kuwait), a major banking institution in the GCC. Through this collaboration, ARP and BBK will work together to enhance cross-border settlement capabilities across key corridors, introducing regulated stablecoin infrastructure that enables seamless transfer and conversion […]

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ARP Digital and stc Pay Announce Strategic Partnership to Expand Cross-Border Settlement Infrastructure

ARP Digital, a digital-asset firm licensed by the Central Bank of Bahrain (CBB) as a Category 3 Crypto-Asset Services Provider, specializing in regulated stablecoin settlement infrastructure, today announced a strategic partnership with stc Pay, a leading digital financial services brand in the Middle East. Through this collaboration, ARP will serve as stc Pay’s settlement and […]

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Presight, NCST Partner to Strengthen AI and Digital Research in Bahrain

Presight has signed a MoU with the Nasser Centre for Science and Technology (NCST) in Bahrain to advance digital transformation and promote the use of AI across key sectors, including smart cities and data-driven innovation. NCST’s AI Research and Development team focuses on applied research in artificial intelligence and emerging technologies, analysing global trends and […]

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