Tintra PLC announces licence award in Qatar, set to open Doha office

  • Date: 16-Sep-2022
  • Source: Zawya
  • Sector:Technology
  • Country:Qatar
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Tintra PLC announces licence award in Qatar, set to open Doha office

Deeptech & Banking company Tintra PLC (www.tintra.com) has today been awarded a Fintech Services Licence to operate in the Qatar Financial Centre (QFC), a watershed moment as the company expands its build out worldwide.

Tintra is using revolutionary artificial intelligence and Web3 technologies to build a global, borderless banking infrastructure. With a licence now granted, Tintra Middle East LLC, a subsidiary of Tintra PLC, is set to open an office in Doha, and has begun recruitment for several positions for its local team in Qatar.

The announcement heralds an exciting era for financial services in the Middle East, and is a further indication of how Web3 is set to revolutionise global banking with truly borderless transactions.

On the back of a 90 Day Project Revolution that saw four patent applications and radical leaps forward in the timeline, Tintra is now set to begin the 180 Day Project Execution as it starts to build out its technology and banking platforms.

The news follows the grant of a Payment Intermediary Services License in Mauritius, awarded in April.

Richard Shearer, Founder of Tintra PLC, comments: “This licence is a real flag-in-the-ground moment as we build out our plan for a revolutionary global banking infrastructure. The Middle East is