"As 2019 concludes, we look back upon a year that has been filled with achievements not only for Bahrain FinTech Bay but for the FinTech ecosystem as a whole. From CBB's onshore licensing framework for crypto assets companies and open banking regulations to the launch of the National FinTech Talent Program, in partnership with Tamkeen, providing over 100 Bahrainis opportunities in FinTech, innovation and digitalization.
Additionally, we’ve launched our sister hubs in the United States with the first Bahrain-based FinTech company expanding to Silicon FinTech Bay. We have hosted Jordan's Crown Prince's visit HRH Hussein bin Abdullah II at Bahrain FinTech Bay and were recognized by through reputable thought leadership pieces led by organizations such as the Milken Institute. We have also hosted two major conferences on RegTech and InsurTech this year. We look forward to having 2020 a year full of growth and success in the Financial services sector in Bahrain." - Khalid Saad, CEO of Bahrain FinTech Bay
“FinTech Corporate Innovation Programme of the Year” - FinTech Abu Dhabi
"One of the most advanced FinTech ecosystems in the Middle East & Africa"
#FINTECHBAY GOES GLOBAL
Earlier this year, we’ve launched our sister hubs in the United States; Silicon FinTech Bay in Silicon Valley, California and Detroit FinTech Bay in Michigan! Our sister hubs in Singapore, San Francisco and Detroit, are your gateway to a world of limitless business opportunities!
From Bahrain to the heart of Silicon Valley, say hello to the first Bahrain-based FinTech to expand oversees in one of our sister hubs, Silicon FinTech Bay!
We are home to 50 companies from around the world including the region’s first fully-licensed and onshore crypto assets company, the region’s only live crypto ATM, Bahrain’s first fully-licensed insurance aggregator and the largest in the region, and Bahrain’s first crowdfunding platform.
The first Crypto ATM in the region by Jamal Mutawa Founder of Basket SPC located at Bahrain FinTech Bay, allows users to buy and sell cryptocurrencies such as Bitcoin and Litecoin using cash. Right now it is supporting Bitcoin and Litecoin
Rain becomes the first licensed cryptocurrency exchange in the Middle East by acquiring the Crypto-Asset Module (CRA) license from the Central Bank of Bahrain!
RegFact took a deep dive in the ever evolving world of regulations, and the advocacy of innovative RegTech solutions!
INSURBYTE
InsurByte welcomed over 45 speakers, and 300+ delegates from around the world coming from diverse industry - Including but not limited to #Insurance.
The first #FinTech-themed Startup Weekend, in strategic partnership with NBB, concluded on a promising note with 10 incredible #FinTech startups developed in only 54 hours over the weekend!
The FinTech for Sustainability Hackathon, in Strategic Partnership with the Central Bank of Bahrain and Tamkeen, gave innovative university students the opportunity to play a part in making the world a better place using sustainable FinTech solutions as a vehicle to support the growth of SDG goals.
The FinTech Consortium Institute partnered with world class universities to offer FinTech educational programs. The Georgetown FinTech Program, in partnership with Georgetown University McDonough School of Business, welcomed 100 professionals in 2019!
Here's what our Georgetown FinTech Program graduates think!
Additionally, 50 fresh Bahraini graduates got the opportunity to take part in the National FinTech Talent Program to master their skills and knowledge in FinTech, through a 6-month internship in the most innovative roles the Kingdom has to offer!
Meet The National FinTech Talent Program Graduates
Top 5 candidates from the first cohort of the National FinTech Talent Program continued their learning journey with some of the most active FinTech ecosystems in Silicon Valley and Singapore.
OpenX is the first of its kind Open Banking conference in the Kingdom of Bahrain. It is a platform that aims to provide knowledge exchange, foster synergies among market players to find solutions, encourage, and promote Open Banking.
The FinTech for Open Banking Hackathon BY BENEFIT FINTECH AWARD, and in strategic partnership with Global Shapers Manama Hub, and Bahrain FinTech Bay, invites you to partipacte in an exciting open banking-themed hackathon!
