Mubasher: Bahrain Fintech Bay plans to establish three sister platforms in the US and Singapore, CEO Khalid Saad said, according to Arabian Business.
This business expansion covers building links between companies working in the fintech sector, the CEO told Arabian Business in an interview.
Fintech Bay platforms are being established in Singapore, Silicon Valley, and Detroit, Saad noted.
“We’re building international bridges to connect the ecosystems, to expose them [international markets] to what’s going on here, and expose [those in Bahrain] to what’s going on outside,” he told Arabian Business.
Silicon Fintech Bay, the first sister platform, is likely to open at the end of March or in early April 2019, the CEO added.
“It’s also taking some of the experiences of developing the platform here and seeing what might make sense in different markets, focusing on certain niches if there are any, and adding more value to the people here and the people there,” he said.
Launched in February 2018, Bahrain Fintech Bay has attracted over 50 local and international partners until the current time.
