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UAE-based Fintech Galaxy, the Middle East’s first open finance platform regulated by a central bank, has announced the hiring of Turki AlAhmed to lead its operations in Bahrain and expand its open banking and open finance presence in the country.
AlAhmed previously contributed to streamlining government processes in his previous role, before leading partnerships by building strong collaborations with bank and non-bank members, continuing to innovate and fostering a cashless society.
Fintech Galaxy has also appointed Sara Al Zeera as Compliance and Anti-Money Laundering Officer, primarily supporting the adoption of Open Banking in Saudi Arabia.
successful authorization
Just a few months ago, Fintech Galaxy announced the successful acquisition of an Account Information Service Provider (AISP) license from the Central Bank of Bahrain (CBB), becoming the first central bank-regulated open financial platform region in the Middle East and North Africa (Mena).
Mirna Sleiman, CEO and Founder of Fintech Galaxy, commented: “Under the supervision of the Central Bank of Bahrain, Fintech Galaxy will increase financial inclusion in the region to the rest of the world. We are ready to open up new opportunities in financial services, Expanding businesses’ potential customer base, increasing the industry’s efficiency and paving the way for a new financial future.”
AlAhmed said: “I am delighted to join Fintech Galaxy to share my experience and support the company’s mission to bring Open Banking and Open Finance to Bahrain through its platform FINX. We will leverage the Kingdom’s mature ecosystem and flexible regulatory framework to design new use cases, bringing value to all parties and changing the way we deliver financial services.” — trade arab news agency
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