Bahrain as a Fintech Launchpad in the Middle East

Bahrain as a Fintech Launchpad in the Middle East

HP Spring Studios, in collaboration with HQ by Hope and Startup Bahrain, successfully hosted an event titled “Bahrain as a Fintech Launchpad in the Middle East” on May 21st. This event brought together industry leaders, entrepreneurs, and experts to discuss Bahrain’s emerging role as a thriving fintech hub in the region. The panel discussion, moderated by Sam Yearsley, Head of Venture Building in HP Spring Studios, featured panelists who shared their valuable insights and experiences. The panelists included Ali Ghuloom from the National Bank of Bahrain, Mohamed Alaali from Bahrain Islamic Bank, and Chris Purdie from Receiptable.Ali Ghuloom, Group Head of Technology and Enterprise Architecture at the National Bank of Bahrain, highlighted the importance of fostering partnerships between financial institutions and fintech startups. He emphasized, “Collaboration is key to driving innovation and delivering enhanced financial services to customers in Bahrain and beyond.” Furthermore, he noted the critical role of Artificial Intelligence in enriching these offerings, explaining that AI’s advanced analytics and personalized services are transforming customer experiences in the financial industry.Mohamed Alaali, Chief Strategy & Sustainability Officer at Bahrain Islamic Bank, shed light on the significant role of Islamic finance in promoting fintech adoption. He stated, “Bahrain’s Islamic finance ecosystem