QNB, Ooredoo Fintech extend partnership to ‘revolutionise’ fintech services in Oman| Gulf Times – Gulf Times

  • Date: 23-May-2024
  • Source: The site:gulf-times.com/
  • Sector:Financial Services
  • Country:Oman
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QNB, Ooredoo Fintech extend partnership to ‘revolutionise’ fintech services in Oman| Gulf Times – Gulf Times



QNB Group, the largest financial institution in the Middle East and Africa, and Ooredoo Fintech, have announced an extension to their partnership aimed at “revolutionising” fintech services in Oman.

QNB Group, the largest financial institution in the Middle East and Africa, and Ooredoo Fintech, announced an extension to their partnership aimed at “revolutionising” fintech services in Oman.This collaboration marks a “significant” milestone in the region's digital transformation journey, as both entities join forces to offer innovative solutions through Ooredoo's wallet platform.Building on their existing strategic alliance, which to date has focused on the market leading Ooredoo Money proposition in Qatar, QNB will serve as the settlement bank for Ooredoo Fintech's mobile wallet in Oman, leveraging its extensive expertise in banking and finance to facilitate seamless transactions and enhance its user experience.The partnership will empower consumers in Oman to enjoy a wide range of financial services directly from their mobile devices, including mobile payments, fund transfers, bill payments, and more.Commenting on the partnership, Khalid Ahmed al-Sada, senior executive vice-president (Group Corporate and Institutional Banking) stated, "We are excited to collaborate with Ooredoo Fintech to bring cutting-edge fintech solutions to Oman. This partnership aligns with our commitment to supporting innovation in