Bahrain
Kuwait Finance House Launches Its Digital Wealth Management Platform in Bahrain
Kuwait Finance House (KFH) – Bahrain has launched KFHB Wealth, its digital wealth management platform to streamline the investment and banking experience for the bank’s high net worth clients. The new platform, accessible on mobile and web, allows KFH Bahrain
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Top 8 MENA Fintech Funding Rounds With Corporate VC Investment in H1 2022
Corporate venture capital (CVC) deals declined on the whole in terms of number and volume in the first half of 2022, though the average deal size increased to US$35 million in the second quarter of the year. This is according
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Backbase Partners With Bahrain Fintech Bay to Boost Digital Banking Adoption
Digital banking software provider Backbase and Bahrain Fintech Bay (BFB), a fintech hub in the Middle East and North Africa (MENA) region, has partnered to accelerate digital banking adoption in the region and offer new opportunities for key players in
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Robo Advisers Are on the Rise in the MENA Region
Wealth managers in the MENA region are expecting strong growth in the number of robo advisers and digital only wealth managers, new research for behavioural finance experts Oxford Risk shows. Its study with independent financial advisers and wealth managers in
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Binance Secures Its First Crypto License in the Gulf Region in Bahrain
Binance, a global blockchain ecosystem and cryptocurrency infrastructure provider, announced that it has been granted a crypto-asset service provider license from the Central Bank of Bahrain (CBB). The license will allow Binance to provide crypto-asset trading, custodial services and portfolio
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Open Banking APIs, AI Among Top Fintech Trends in Bahrain this Year
Bahrain Fintech Bay, a fintech hub spearheaded by the government, has identified open banking APIs, artificial intelligence (AI), customer-centric models, and fintech as infrastructure as the four key trends in the domestic fintech ecosystem expected to boom this year on
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Bahrain Crypto Exchange Rain Raises USD 110 Million in Series B
Bahrain based crypto exchange Rain Financial has raised USD 110 million in Series B funding, the company announced this week. The round was co-led by Paradigm and Kleiner Perkins with participation from numerous parties including Coinbase Ventures, Global Founders Capital,
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Central Bank of Bahrain Completes Test With Blockchain Based JP Morgan Coin System
As part of the Central Bank of Bahrain’s (CBB) vision to improve customer experience for safe and efficient settlement solutions, the CBB has announced the successful completion of a test with Onyx by J.P. Morgan’s JPM Coin System. This is
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Binance Got In-Principle Approval as a Crypto-Asset Service Provider in Bahrain
Binance has received in-principle approval from the Central Bank of Bahrain (CBB) to establish itself as a crypto-asset service provider in the Kingdom of Bahrain. The in-principle approval comes after Binance applied for a license from the CBB as part
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6 Fintech Companies in Bahrain You Should Follow in 2022
Bahrain has emerged as a key destination for fintech initiatives in the MENA region, and fintech companies in Bahrain are leveraging this to their success. Bahrain has been especially progressive from the standpoint of open banking and digital currencies. For
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