Bahrain FinTech Bay, Leading Bahrain’s Fintech Journey and SC Ventures by Standard Chartered signed an MoU at the Fintech Forward 2024 event, marking a significant milestone in our efforts to drive innovation within Bahrain’s fintech ecosystem.
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This strategic partnership sets the stage for transformative growth and collaboration in the fintech space, driving impactful change in the region.
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The MoU was signed by our Chief Operating Officer, Suzy Al Zeerah, and Mohamed Fairooz, Middle East Lead at SC Ventures. The signing ceremony was also attended by our CEO, Bader Sater, Dr Boutros Klink, CEO of Standard Chartered Bahrain, Middle East and Bahrain, Zoe K., Head of Conduct, Financial Crime, and Compliance, Middle East (ex UAE), Standard Chartered Bank, Noora Al-Nusuf, Head of Corporate Affairs, Brand, and Marketing, Middle East (excluding UAE) at Standard Chartered Bank, Amina Naar, our Partnerships Manager, Mark Dymock, Operating Partner at SC Ventures, Tarek Osman, Commercial Director and Co-founder of Appro.ae, and Ayad Butt, Middle East Lead at Zodia Markets.
The MOU was officially signed by Mohamed Fairooz, our Middle East lead, and Suzy Al Zeerah, COO of Bahrain FinTech Bay, cementing this strategic partnership. This collaboration aims to:
- Accelerate innovation in the financial sector
- Support the scaling of promising ventures
- Contribute to the diversification of Bahrain’s economy
About Bahrain FinTech Bay
Bahrain FinTech Bay is an ecosystem builder. It incubates impactful and scalable Fintech initiatives through innovation labs, acceleration programs, curated activities, and educational opportunities. This collaborative platform is dedicated to furthering the development, interaction, and acceleration of the Fintech ecosystem.
To bring the full spectrum of market participants together, BFB partners with governmental bodies, financial institutions, corporates, consultancy firms, universities, associations, venture capital, and Fintech start-ups. Bahrain FinTech Bay is a subsidiary of the BENEFIT Company.
About SC Ventures by Standard Chartered
SC Ventures is a business unit that provides the platform & catalyst for Standard Chartered to promote innovation, invest in disruptive financial technology and explore alternative business models. We facilitate innovation & culture change within the Bank & ecosystem partner. We invest in validated fintech to develop future tech capabilities. We create new business models as independent business ventures.
