Beyon Money achieves strong growth in first 8 months | THE DAILY TRIBUNE | KINGDOM OF BAHRAIN

Beyon Money achieves strong growth in first 8 months | THE DAILY TRIBUNE | KINGDOM OF BAHRAIN

Since its launch in December 2021, Beyon Money, the first digital financial super app in Bahrain, has been growing fast and gained popularity with over 20 thousand active subscribers, more than BD20 million card domestic and international transactions and more than BD8 million international remittances. In line with Beyon Money’s mission to make digital financial instruments more accessible, easy to understand, transparent and value driven, giving customers greater degrees of choice, the app has been continuously upgraded with advanced and unique features. To focus efforts on expanding and building its own fintech brand, Beyon Money, Batelco has decided to end its previous collaboration with AFS and sunset “bwallet” digital wallet. The Beyon Money super app is packed with great features such as Visa Prepaid Cards which can be used worldwide, connectivity with 7 banks in Bahrain, categorization of expenses & financial insights, as well as fully digital remittances. The remittance feature has been further developed to offer competitive rates for international transfers to India, Pakistan, Bangladesh, the Philippines, Egypt and Europe with USA coming imminently. Batelco Chief Digital Growth Officer, Shaikh Mohamed Al Khalifa said, “In 2021, Batelco established a new financial services company following the receipt of licenses awarded