Mastercard partners with Bahrain FinTech Bay

Mastercard announced partnering with Bahrain FinTech Bay to support the development of Bahrain’s fintech industry, and the growth of Bahraini startups and SMEs, aligned to Kingdom’s Vision 2030. Through the partnership, Mastercard and Bahrain FinTech Bay will work together to offer Bahraini startups and SMEs with educative and commercial opportunities that advance their technological capabilities and business prospects.

Mastercard has committed to hosting knowledge-sharing workshops for startups, mentoring them on current trends within the fintech space, helping them find the best suited strategic partners for their expansion, and offering them the chance to receive firsthand insights from Mastercard’s global leadership team on the latest in international payments technology. Participating entrepreneurs will also have the opportunity to join Mastercard’s flagship award-winning program for fintechs, Mastercard Start Path. J.K.

Khalil, General Manager, Bahrain and Saudi Arabia, Mastercard, said: “Through platforms such as Mastercard Start Path, we will be offering startups with hands-on guidance, mentorship and engagement opportunities that will enable their long term success and raise the bar of innovation in the sector.”

Khalid Saad, CEO of Bahrain FinTech Bay, said: “Through this partnership, we look to further promote awareness and development of Bahrain’s FinTech and innovation ecosystem. FinTechs will also benefit firsthand from Mastercard’s Start Path platform aimed at helping them accelerate their growth.”