Masraf Al Rayan signs an MoU with KARTY LLC to provide financial technology services

Masraf Al Rayan signs an MoU with KARTY LLC to provide financial technology services

Doha, Qatar: Masraf Al Rayan, a prominent Islamic bank in Qatar, is proud to announce the signing of a significant Memorandum of Understanding (MoU) with KARTY LLC, a startup fintech company. This strategic partnership represents a pivotal commitment by the bank to drive escalating advancements in the fintech sector and deliver innovative digital solutions. Through this collaboration, Masraf Al Rayan will join forces with Karty, pooling their expertise and resources to enhance groundbreaking developments in the financial technology sector, redefine the industry based on global advancements, and empower individuals with the knowledge and tools to make informed financial decisions.

Ms. Rana Al Asaad, General Manager of Retail and Private Banking at Masraf Al Rayan, expressed her excitement about this strategic alliance, stating, "We are pleased to announce our strategic alliance with KARTY LLC, which perfectly aligns with our unwavering dedication to promoting innovation and delivering exceptional services to our esteemed clients. By combining our comprehensive expertise with Karty's advanced technology, our goal is to enhance the future of the fintech sector. We are fully committed to introducing significant improvements that will positively impact the lives of individuals and customers."

Mohammed Suleiman, Co-founder of KARTY LLC, also expressed his enthusiasm for this partnership,