Bahrain, a number one fintech hub in MENA, hosts the Fintech Revolution Summit this week with greater than 750 fintech, banking, monetary companies and insurance coverage specialists collaborating.
Organised by We TraiCon Occasions, Bahrain’s premier fintech occasion on 14 to fifteen February 2024 in Manama will see fintech founders, central financial institution officers, FSI specialists, regulators, policymakers, technologists, entrepreneurs, traders, teachers, and media from all over the world come collectively to be taught, focus on, debate and community.
The Center East’s fintech trade is on a fast progress trajectory, outpacing different world areas. By 2026, the whole property of the worldwide Islamic finance sector are forecasted to surge from $4trillion in 2021 to $5.9trillion.
Bahrain, benefiting from a powerful monetary system and sturdy regulatory framework, has seen a notable uptick in fintech options. Globally, it ranks fourth and second within the MENA area for Islamic finance growth. Moreover, Bahrain leads in Islamic finance regulation, securing the highest place.
Launched in 2008, Bahrain’s Financial imaginative and prescient 2030 units out the Authorities’s plan to strengthen the Kingdom’s personal sector, competitiveness, and to extend ‘equity’ below the regulation and in entry to companies. Bahrain additionally goals to develop into a cashless society by 2030.
Quite a few sponsors and exhibitors, together with fintech and banking expertise answer suppliers, cybersecurity companies, e-payment and pockets corporations, menace administration specialists, foreign exchange software program builders, and fee gateway suppliers, might be partaking within the Fintech Revolution Summit.
