Looking to attract international investment and attention to Bahrain, the MENA Fintech Association, the not-for-profit firm serving fintechs across the Middle East and Africa, is launching its Bahrain Chapter.
The MENA Fintech Association will leverage the progressive regulatory framework of Bahrain and robust financial infrastructure. In doing so, it will seek to create an environment where fintech startups can thrive, driving economic growth and technological advancement.
To achieve this, the MENA Fintech Association will launch initiatives focusing on empowering local talent, fostering a culture of innovation, and facilitating global partnerships. In turn, this will elevate Bahrain’s fintech landscape to new heights.
Appointing a leader for the new chapter
As the Bahrain Chapter is launched, Suzy Al Zeerah, chief operating officer at Bahrain FinTech Bay, the ecosystem builder, has been selected to lead the mission.
Nameer Khan, chairman of the MENA Fintech Association and founder of Fils, stated: “We are happy to expand our presence in Bahrain with the launch of the MFTA Bahrain Chapter. Suzy Al Zeerah’s leadership and Bahrain’s dynamic fintech environment make this the perfect opportunity to drive impactful collaboration and innovation in the region.”
Commenting on her new role, Suzy Al Zeerah, chief operating officer of Bahrain FinTech Bay, stated: “I am delighted to join as chair for Bahrain within the MENA Fintech Association. Our primary focus is to facilitate cross-border fintech collaborations within the region. We aim to achieve this through strategic partnerships with key stakeholders, organizing insightful round table sessions, and hosting networking events that connect innovators, entrepreneurs, and industry leaders.
“By creating these opportunities for collaboration and engagement, we strive to drive the growth and development of the fintech ecosystem in Bahrain the MENA region.”
Founded in 2018, the MENA Fintech Association has earned recognition as one of the top four fintech bodies globally. With a strong presence in the Middle East and Africa, the association has been at the forefront of driving innovation and fostering collaboration in the fintech industry.
Key Objectives and Initiatives:
- Promoting innovation: Encouraging the development and adoption of innovative financial technologies that address the evolving needs of consumers and businesses.
- Fostering collaboration: Building bridges between fintech startups, established financial institutions, regulators, and other stakeholders to create a cohesive and supportive ecosystem.
- Advancing knowledge: Providing a platform for education, research, and knowledge-sharing to ensure that Bahrain remains at the forefront of fintech advancements.
- Supporting growth: Offering resources, mentorship, and networking opportunities to help fintech startups scale and succeed.
