BENEFIT joins Fintech Forward 2024 as an exhibition partner

Manama, BENEFIT, the Kingdom's innovator and leading company in Fintech and electronic financial transactions service, today announced joining Fintech Forward 2024 (FF24) as an exhibition partner. Programmed by Economist Impact as part of 2024's Transformation Agenda series and hosted by the Bahrain Economic Development Board, with the support of the Central Bank of Bahrain (CBB), The Labor Fund (Tamkeen) and Bahrain FinTech Bay, the flagship installment of Fintech Forward will take place on October 2-3 at Bahrain Exhibition World. As a fintech and electronic financial transactions service provider that has pioneered Bahrain's digital payment landscape by providing secure and efficient payment solutions, BENEFIT continues to play a crucial role in the country's digital evolution and development of a thriving financial services sector. During the first half of 2024, BENEFIT's electronic fund transfer transactions (Fawri, Fawri+ and Fawateer) recorded BHD16.4 billion, a 14.5% increase compared to the first half of 2023. Abdulwahed AlJanahi, Chief Executive at BENEFIT, said: "We are excited to be part of Fintech Forward 2024, an excellent platform for us to showcase our contributions to Bahrain's growing fintech ecosystem and engage with other industry leaders. Our involvement underscores our commitment to enhancing digital payment experiences and dedication to staying at the forefront of the fintech revolution, supporting Bahrain's vision for a digitally empowered future." Fintech Forward has quickly become a pivotal event for innovative leaders to share experiences, collaborate on insights, and network with peers. This year's edition will showcase Bahrain's remarkable advancements in digital transformation, its expanding fintech sector, and the cultivation of a highly skilled talent pool that is essential for sustainable economic growth and differentiation in an increasingly competitive global landscape. Source: Bahrain News Agency