NBK Launches New Fintech Services to Accelerate Kuwait’s Digital Economy and Boost Financial Inclusion

National Bank of Kuwait (NBK) has unveiled a suite of new Fintech Services designed to fast-track Kuwait’s digital transformation and strengthen the country’s position as a regional hub for financial innovation. The launch reflects NBK’s long-standing leadership in digital banking and its commitment to advancing secure, compliant, and scalable fintech infrastructure.

The new offerings — including Virtual IBANs (VIBANs) integrated with secure APIs, BIN Sponsorship, and QR Code Cash Withdrawal — are built specifically for licensed e-wallet providers and digital businesses. These capabilities enable fintech companies to plug directly into NBK’s trusted infrastructure, delivering fully compliant local payment solutions in line with Central Bank of Kuwait regulations.

NBK said the services will help fintechs scale faster, innovate more efficiently, and expand financial access for underserved segments, supporting national goals for digital inclusion and economic diversification.
CEO of Consumer & Digital Banking, Mohamed Al-Othman, emphasized that the initiative reinforces NBK’s vision to reshape the financial landscape through collaboration and advanced technology, empowering entrepreneurs and digital players to build intelligent, secure next-generation financial solutions.

NBK continues to invest heavily in digital platforms, cybersecurity, and data-driven banking tools, setting new benchmarks for customer experience and solidifying its role as a key enabler within Kuwait’s fintech ecosystem.