Baghdad, Iraq – 24.06.2025 — The MENA Fintech Association (MFTA), one of the region’s most influential fintech platforms, is proud to announce the official launch of its Iraq Chapter, a milestone initiative aimed at accelerating digital finance, policy innovation, and ecosystem collaboration across Iraq.
The chapter will be led by Bahaa Abdul Hadi, a fintech trailblazer and Chairman of International Smart Card (Qi Card), widely recognized for driving Iraq’s digital payment revolution and championing financial inclusion across the nation.
“The launch of MFTA Iraq is both timely and strategic,” said Bahaa Abdul Hadi, Chair of MFTA Iraq. “As Iraq builds a more inclusive and tech-driven financial future, MFTA will serve as a vital bridge between innovators, regulators, and investors, bringing local potential to the regional stage.”
With over two decades of experience in Iraq’s banking and technology sectors, Bahaa Abdul Hadi has led large-scale financial digitization efforts across government and private institutions. Under his leadership, the Iraq Chapter will champion fintech that drives both innovation and impact.
A Platform for Fintech Growth and Cross-Sector Collaboration
MFTA Iraq will serve as a collaborative platform for startups, regulators, financial institutions, and international partners to connect, co-create, and build a resilient fintech ecosystem. Its strategic priorities include:
- Supporting progressive regulatory dialogue
- Advancing digital payments and inclusion
- Enabling fintech-for-good initiatives
- Building local capacity and talent
- Facilitating regional knowledge exchange
Through events, working groups, and knowledge-sharing forums, MFTA Iraq will bring the global MFTA network into close connection with Iraq’s fintech stakeholders.
As Iraq’s digital economy accelerates, this launch marks a turning point, positioning MFTA Iraq as a catalyst for inclusive growth, regulatory evolution, and sustainable innovation in the region.
About MENA Fintech Association
The MENA Fintech Association (MFTA) is an inclusive, not-for-profit organization that brings together policymakers, financial institutions, and innovators to shape the future of fintech across the Middle East and North Africa. Recognized among the world’s top fintech bodies, MFTA champions thought leadership, policy reform, and ecosystem development across digital banking, payments, open finance, and more.
