FinTechSpace, backed by Taiwan’s Monetary Supervisory Fee and co-funded by the Taiwan Monetary Service Roundtable, has partnered with Bahrain FinTech Bay (BFB) to kick off a brand new period of fintech collaboration.
The partnership goals to leverage Bahrain’s superior digital infrastructure and regulatory frameworks to boost fintech innovation and cooperation.
Backed by the Bahraini authorities, ecosystem builder BFB has emerged because the nation’s main fintech platform, offering innovation labs, acceleration programmes, curated actions and academic alternatives. BFB has attracted over 135 fintech corporations, utilizing Bahrain as a base to increase into the Center Jap market.
An settlement between FinTechSpace and BFB covers a variety of collaborative assets, together with working area, fintech firm referrals, native displays and neighborhood community useful resource sharing.
“Since its inception, FinTechSpace has actively established cooperative relationships with abroad fintech hubs,” mentioned Sam Hung, director of FinTechSpace. “By this collaboration, we stay up for pushing Taiwan’s fintech capabilities onto a broader worldwide stage by way of this partnership.”
Suzy Al Zeerah, COO of Bahrain FinTech Bay, additionally commented: “By partnering with Taiwan’s FinTechSpace, we are able to help fintech corporations from either side to increase within the Bahraini and Taiwanese markets, selling the mutual development of our digital economies.”
The collaboration
Since its launch in 2018, FinTechSpace has actively related with worldwide market assets and solid fintech partnerships worldwide. The brand new partnership with Bahrain FinTech Bay additionally marks its sixteenth worldwide collaborator and its first within the Center East.
FinTechSpace’s world community now extends throughout 19 regional markets, linking with 33 worldwide organisations. This collaboration can be anticipated to deepen trade understanding of the Asia-Pacific and Center Jap markets, improve alternate and cooperation alternatives, and create a mutually useful relationship.
