BENEFIT hosts delegation from Singapore’s Grow Digital Bank

BENEFIT hosts delegation from Singapore’s Grow Digital Bank

Manama, Kingdom of Bahrain - BENEFIT, the Kingdom’s innovator and leading company in Fintech and electronic financial transactions service, hosted a delegation from Singapore’s Grow Digital Bank on Tuesday, January 10th, 2023 at the company’s headquarters, with the aim of exploring joint initiatives between the two nations, forging stronger ties, and exchanging knowledge.

This visit marks an important milestone in the mutual efforts undertaken by parties to facilitate the exchange of information highlighting milestones and achievements when it comes to Fintech solutions and services. This is in line with the Kingdom’s ongoing initiative to foster innovation within the financial sector, further solidifying Bahrain's prime position as a financial hub and expanding opportunities for financial institutions and FinTech terms in the Kingdom and Singapore.

The visit follows the significant growth of local financial services, which necessitates the development of new plans, initiatives, strategies to increase the efficiency of the sector, drive substantial growth, and boost Bahrain’s global competitiveness.

Over the past few years, Financial Technology has created vast opportunities and linkages between the Middle East and South East Asian markets. The Kingdom of Bahrain and Singapore have been at the forefront of innovation when it comes to the financial services sector allowing for this