MENA Fintech Association Launches Bahrain Chapter to Boost Fintech Innovation

A dynamic scene showcasing fintech innovation in Bahrain. The image features digital financial technology symbols, networking, collaboration elements,

The MENA Fintech Association, the leading not-for-profit organization supporting fintech startups and established players across the Middle East and Africa, proudly announces the launch of its Bahrain Chapter. Suzy Al Zeerah, Chief Operating Officer at Bahrain FinTech Bay, will lead this new chapter, leveraging her extensive expertise to drive the fintech ecosystem in Bahrain.

Founded in 2018, the MENA Fintech Association has been recognized as one of the top four fintech bodies globally. With a strong presence in the Middle East and Africa, the association has been instrumental in fostering innovation and collaboration within the fintech industry.

Key Objectives and Initiatives:

  • Promoting Innovation: Encourage the development and adoption of cutting-edge financial technologies to meet the evolving needs of consumers and businesses.
  • Fostering Collaboration: Build bridges between fintech startups, established financial institutions, regulators, and other stakeholders to create a cohesive and supportive ecosystem.
  • Advancing Knowledge: Provide a platform for education, research, and knowledge-sharing to ensure Bahrain remains at the forefront of fintech advancements.
  • Supporting Growth: Offer resources, mentorship, and networking opportunities to help fintech startups scale and succeed.

Nameer Khan, Chairman of the MENA Fintech Association and Founder of Fils, stated, “We are thrilled to expand our presence in Bahrain with the launch of the MFTA Bahrain Chapter. Suzy Al Zeerah’s leadership and Bahrain’s dynamic fintech environment make this the perfect opportunity to drive impactful collaboration and innovation in the region.”

Suzy Al Zeerah, Chief Operating Officer of Bahrain FinTech Bay, expressed her enthusiasm, “I am delighted to join as Chair for Bahrain within the MENA Fintech Association. Our primary focus is to facilitate cross-border fintech collaborations within the region. We aim to achieve this through strategic partnerships with key stakeholders, organizing insightful round table sessions, and hosting networking events that connect innovators, entrepreneurs, and industry leaders. By creating these opportunities for collaboration and engagement, we strive to drive the growth and development of the fintech ecosystem in Bahrain and the MENA region.”

With clear objectives, the MFTA Bahrain Chapter aims to position Bahrain as a leading fintech hub in the region, attracting international attention and investment. By leveraging Bahrain’s progressive regulatory framework and robust financial infrastructure, the chapter seeks to create an environment where fintech startups can thrive, driving economic growth and technological advancement. Initiatives will focus on empowering local talent, fostering a culture of innovation, and facilitating global partnerships to elevate Bahrain’s fintech landscape to new heights. Together, the MFTA Bahrain Chapter will work towards a future where Bahrain not only meets but sets global standards in financial technology and digital transformation.

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