Kuwait Finance House – Bahrain (KFH) has entered a strategic partnership with Beyon Money, part of the Beyon Group.
Under the agreement, KFH – Bahrain will act as the primary banking partner for Beyon Money, providing access to its Banking-as-a-Service (BaaS) infrastructure.
The collaboration will support Beyon Money in offering digital payment solutions, instant transfers via Fawri+, virtual account creation, and real-time reconciliation for both individual and corporate clients.
Commenting on the partnership, Mohamed Assem, Deputy Group Chief Executive Officer – Corporate Banking at KFH – Bahrain, said:
“Through our sophisticated banking infrastructure and digital solutions, we aim to empower our partners to deliver more efficient and seamless financial services, thereby enhancing the customer experience.”
Shaikh Mohamed bin Khalifa Al Khalifa, Chief Executive Officer of Beyon Digital Growth, said:
“Through the partnership deliverables, we are elevating the everyday payment experience for individuals and businesses while supporting a more dynamic and efficient financial ecosystem in Bahrain.”
The partnership highlights KFH – Bahrain’s focus on providing banking solutions that support fintech development in line with international practices.
Featured image credit: Edited by Fintech News Middle East, based on image by feepikcontributorthailand via Freepik
