Open Banking Platform Tarabut Launches in Abu Dhabi and Dubai
- Date: 29-Oct-2020
- Source: Fintech News Middle East
- Sector:Financial Services
- Country:UAE
Open Banking Platform Tarabut Launches in Abu Dhabi and Dubai
Bahrain-based Tarabut Gateway has expanded to the United Arab Emirates with the launch of its open banking platform in the country.
The company has simultaneously opened two new offices at Abu Dhabi's global tech ecosystem, Hub71 and Dubai's DIFC FinTech Hive.
Tarabut Gateway offers a regional model and is already connected to a number of retail banks, having built what they say is the largest multi-sided open API infrastructure that launched in 2019.
Through its secure and universal open API platform, Tarabut Gateway creates opportunities and fosters collaboration between financial institutions and fintechs.
The business is led by Abdulla Almoayed, CEO and founder of Tarabut Gateway, who has more than 15 years of investment experience across various sectors, with a specialism in digital transformation of the MENA region.
Almoayed praised the UAE in fostering a
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