Beyon Solutions, part of the Beyon Group, and Bahrain FinTech Bay have signed a MoU to collaborate on advancing cloud adoption and drive the next phase of digital transformation across the kingdom’s financial services sector.
Announcing this, Beyon said the MoU establishes a framework for long-term collaboration and aligns with national efforts to establish Bahrain as a leading hub for innovation, entrepreneurship, and digital transformation.
This strategic agreement reflects the shared commitment of both entities to empower fintech startups, scale-ups, and international companies entering Bahrain by providing them with stronger operational, technological, and ecosystem support.
The partnership underscores both entities’ commitment to empowering fintech growth and strengthening Bahrain’s position as a regional digital hub.
Under the agreement, Bahrain FinTech Bay will introduce Beyon Solutions’ suite of digital, technical and operational services to its community, while both entities co-create opportunities for knowledge sharing, workshops, and ecosystem engagement.
The goal is to ensure fintech companies have the tools, infrastructure, and guidance needed to establish, operate, and scale effectively within Bahrain.
Commenting on the signing, Beyon Solutions CEO Nicholas Toon, said: "Through this MoU with Bahrain FinTech Bay, we’re driving the next wave of digital innovation in Bahrain by combining our technical expertise with their vibrant ecosystem to help organisations reimagine operations, accelerate growth, and create tangible value in the digital economy."
Bader Sater, CEO of Bahrain FinTech Bay, said the agreement reflects its commitment to strengthening the ecosystem through offering Fintech’s meaningful, practical support as they build and scale in Bahrain.
"Working alongside Beyon Solutions allows us to provide the companies we serve with access to trusted digital and operational expertise, ensuring they are well-equipped to innovate and thrive in a competitive landscape," he added.-TradeArabia News Service
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