BKN301 expands into Egypt, eyes growth in fintech sector

BKN301 expands into Egypt, eyes growth in fintech sector

Egypt - BKN301, a leading payment and Banking-as-a-Service (BaaS) provider in the MENA region has expanded its operations into Egypt with the opening of a new office in Cairo. The move is part of BKN301’s strategy to support the growth of the fintech sector in Egypt and the wider MENA region. Egypt is a key market for the fintech sector, with a growing population of digital natives and a government that is supportive of innovation. The country has seen a significant increase in the number of bank account holders and digital wallets in recent years, and there is a growing demand for new and innovative financial services. BKN301’s new office in Cairo will be led by Mahesh Paolini-Subramanya, who has been appointed as the company’s new Chief Technology Officer (CTO). Paolini-Subramanya brings a wealth of experience to the role, having held senior positions at leading fintech companies such as Klar and BlockFi. In his new role, Paolini-Subramanya will be responsible for leading the development of BKN301’s platform and solutions. He will also be responsible for driving the company’s growth in the MENA region. Stiven Muccioli, Founder and CEO of BKN301, said: “We are excited to expand our operations into Egypt