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BENEFIT Fintech Lab

About Us

As a founding partner to Bahrain Fintech Bay (BFB), we aim to support the national direction to make Bahrain a regional Fintech hub.

In BENEFIT, we do not solely support banking and financial sector but also the government, SMEs and other private sector entities.

BENEFIT strives to create synergy in financial services through facilitating Fintech and establishing strong alliances with different stakeholders. Given these strategic aims, BENEFIT has established a Fintech lab.

BENEFIT’s Fintech Lab is a major milestone in the Company’s steps towards creating a Fintech enabling environment and a culture of R&D. This Lab aims to strengthen Bahrain’s international position in the field of innovation and Fintech as measured by international indices. The Lab will act as an idea generator, driver of innovation in financial services and a platform that will link university students with SMEs and other interested entities. It will test and exhibit new concepts; and will be connected to international Fintech hubs.


Vision

To modernise and boost Bahrain’s position in the financial sector by promoting Fintech.


Mission

To offer mutually beneficial efforts and partnerships with all relevant stakeholders in Bahrain and abroad that will enable establishing a solid financial sector, pioneer Fintech players backed by qualified national calibre and ultimately position Bahrain as a regional Fintech hub.


Objectives
  • Generate new Fintech related concepts.
  • Provide innovative and efficient solutions to the financial sector, Government and SMEs for users’ convenience.
  • Collaborate with relevant stakeholders to strengthen the Fintech field in Bahrain.

Main Activities






Location and address


Bahrain Fintech Bay, Arcapita Building, 3rd Floor
Bahrain Bay