Batelco reveals ‘BEYON Money’ the Company’s new Financial Services brand

  • Date: 02-Dec-2021
  • Source: Bizbahrain
  • Sector:Economy
  • Country:Bahrain
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Batelco reveals ‘BEYON Money’ the Company’s new Financial Services brand

Batelco took a major step forward today, introducing its new BEYON Money brand, in line with its strategy to move beyond its core business and venture into the world of FinTech. The brand reveal took place at a lavish event held at the Bahrain Four Seasons Hotel in the presence of the Governor of the Central Bank of Bahrain, H.E. Rasheed Mohammed Al Maraj. Batelco Chairman Shaikh Abdulla bin Khalifa Al Khalifa, who was joined by members of Batelco’s Board of Directors and members of Batelco’s executive team, welcomed the leading figures in the banking and fintech industry who attended the event, and thanked them for their presence and for supporting Batelco. Earlier this year Batelco announced its entry into the world of fintech by establishing a new financial services company following the receipt of licenses awarded by the Central Bank of Bahrain, making it the first telco subsidiary in the GCC to achieve this milestone. The BEYON Money Super App includes Visa Prepaid Cards, Stored Value Wallet, Open Banking Connectivity, categorization of expenses and financial Insights and fully digital Remittances. It is the first fully digital Financial Super App to deliver direct Open Banking access to consumers in Bahrain,