Doha Bank signs MoU with Karty to empower financial entrepreneurship, innovation in Qatar

Doha Bank signs MoU with Karty to empower financial entrepreneurship, innovation in Qatar

Doha Bank has signed a memorandum of understanding (MoU) with Doha-based fintech startup Karty, in a strategic partnership aimed at promoting, improving, and elevating financial literacy and innovation in Qatar.

The virtual signing ceremony marks the beginning of a collaboration between Doha Bank and Karty under the startup’s Financial Literacy Campaign as part of the fintech fast-track programme in the Central and Eastern Europe, Middle East, and Africa (CEMEA) region, in partnership with payment solutions provider, Visa.

Karty, the winner of the Qatar FinTech Hub (QFTH) Hackathon and an awardee of the Innovation Coupon (IC), a funding programme under Qatar Foundation Research, Development and Innovation (QFRDI), has fast-tracked its growth in the Qatari market since its launch in 2021.

With the support of major public and private sector players in Qatar, including the Qatar Financial Centre (QFC), Qatar Science and Technology Park (QSTP), and the Digital Incubation Centre (DIC), the startup is now extending its fintech expertise to the wider community.

Under its Financial Literacy Campaign, Karty aims to equip citizens and residents across Qatar with the knowledge and skills to make informed and sustainable financial decisions, tackling areas such as financial fraud and money management.

“The fintech innovation