By Kudakwashe / CPI Financial
SOURCE: CPI Financial - Bahrain FinTech Bay welcomes Finastra
Finastra and FusionFabric.cloud will play a key role in the ecosystem, enabling fintech start-ups to collaborate
Finastra has joined Bahrain FinTech bay, a fintech hub which brings together financial institutions, banks and investors to fintech as well as developers, industry bodies and academics.
Khalid Saad, CEO of Bahrain FinTech Bay, said that Finastra and FusionFabric.cloud will play a key role in the ecosystem, enabling fintech start-ups to collaborate, develop new applications at speed and low cost, as well as make these services easily accessible to banks and financial institutions in the region and around the world.
“Working with Bahrain FinTech Bay will allow us to further collaborate with local fintechs and banks, as the financial services landscape moves towards an open banking architecture,” added Wissam Khoury, Managing Director for the Middle East and Africa at Finastra.