The MENA region opens new opportunities for fintech companies and financial institutions

The MENA region opens new opportunities for fintech companies and financial institutions

UAE: New fintech firm entering the MENA market is set to boost the overall economy in the region. The MENA region's market is vast and lacks well-established financial institutions, making it an attractive opportunity for fintech companies. BKN301, one of the leading payment and Banking as a Service providers, is poised to lead the growth of the fintech sector in the MENA region through its suite of technological solutions and services that make finance more accessible and streamlined. With its innovative solutions, the company is paving the way for a more convenient and secure financial landscape, empowering individuals and businesses alike to easily manage their finances.

The MENA region has a substantial number of unbanked adults, accounting for 50% of the population according to World Bank. This emphasizes the potential for fintech firms to cater to a significant portion of the population that does not have access to conventional payment services.

BKN301 will introduce its top-notch modular tech platform that provides cutting-edge payment products and services, catering to a wide variety of customers’ financial demands and requirements. The need for fintech solutions has risen owing to urbanisation and smart connectivity as well as an increase in the usage and adoption of innovative