MENA’s open banking platform, Tarabut Gateway, launches in UAE
- Date: 27-Oct-2020
- Source: Gulf Business
- Sector:Financial Services
- Country:uae-top-picks
MENA’s open banking platform, Tarabut Gateway, launches in UAE
Tarabut Gateway, the MENA region's first and largest regulated open banking platform, has launched in the UAE.
The company has simultaneously opened two new offices; one each at Abu Dhabi's global tech ecosystem, Hub71 and Dubai's DIFC FinTech Hive, it announced on October 27.
"We are delighted to open our new offices in Abu Dhabi and Dubai and accelerate the opportunity for open banking in the United Arab Emirates,“ opined Abdulla Almoayed, CEO and founder of Tarabut Gateway.
"Our aim is to drive the next 50 years of banking technology and financial services in the UAE, in collaboration, rather than in competition with, existing institutions. By working hand-in-hand with government authorities, banks and fintech entrepreneurs, Open Banking can propel the country towards its UAE Centennial 2071 goal of becoming a more diversified
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