BENEFIT, the Kingdom’s innovator and leading company in Fintech and electronic financial transactions service, has successfully integrated the insurance sector to the Electronic Know Your Customer (eKYC) service in collaboration with Bahrain Insurance Association (BIA). This initiative is in line with The Central Bank of Bahrain’s (CBB) direction toward the digitisation of insurance services.

August 2021 (Manama, Bahrain) - BENEFIT, Bahrain’s innovator and a leading company in FinTech and electronic financial transactions service and Nasser Vocational Training Centre (NVTC) have recently signed an MoU to unlock opportunities and support in developing the next generation of entrepreneurs. The agreement was signed in a special ceremony held on August 4 by NVTC Managing Director Dr. Abdulla AlNoaimi and BENEFIT CE Mr. Abdulwahed AlJanahi.

BENEFIT, the Kingdom’s innovator and leading company in Fintech and electronic financial transactions services announces its strategic partnership with the Bahrain Institute of Banking & Finance (BIBF), as it joins the corporate sponsorship project within the BIBF new iconic building at Bahrain Bay.

Eazy Financial Services; a Bahrain Based licensed Payment Service Provider Company; has joined BENEFIT, the Kingdom’s innovator and leading company in Fintech and electronic financial transactions service to be an authorized Payment Gateway and POS acquirers.

BENEFIT, the Kingdom’s innovator and leading company in Fintech and electronic financial transactions services held its Annual General Meeting yesterday. The Group has reported a net profit of BHD 1.4 million for the year ended 31st December 2020 attributable to the equity shareholders of the Group, as compared to a net profit of BHD 3.3 million for 2019. Total net assets at 31st December 2020 amounted to BHD 21.9 million (31 December 2019: BHD 22.3 million).