Bahrain FinTech Bay Partners with RTGS.global to Advance FinTech Innovation and Growth

Published: September 03, 2024

Bahrain FinTech Bay (BFB), Bahrain’s fintech ecosystem builder, has announced a fintech partnership with RTGS.global, a provider of real-time cross-border settlement solutions.

By leveraging RTGS.global's expertise, the collaboration is set to drive fintech innovation and promote sustainable growth, further solidifying Bahrain's position as a leader in the global fintech landscape.

RTGS.global’s instant atomic settlement solution solves historic and emerging challenges associated with cross-border payments and liquidity management. Its platform enables quick, secure and risk-free transactions across different currencies and geographies, enhancing Bahrain’s financial infrastructure and ultimately helping financial institutions in Bahrain offer better services to their customers.

As part of this collaboration, a breakfast seminar event will be held on 30th September in Bahrain to showcase RTGS.global's innovative solutions and their potential to transform the Bahraini financial landscape. This gathering will bring together key industry stakeholders to explore how these solutions can address the evolving needs of the local market and drive financial inclusion.

Bader Sater, CEO of Bahrain FinTech Bay, stated: “This partnership is a strategic move in our efforts to drive fintech innovation in Bahrain. By collaborating with RTGS.global, we are committed to introducing advanced technologies that will not only strengthen Bahrain’s financial sector but also elevate the region’s standing in the global fintech landscape.”

Jarrad Hubble, CEO of RTGS.global, commented: “Successfully facilitating frictionless cross-border payments and settlements between progressive banks in such a strategic financial hub as Bahrain is an exciting milestone for RTGS.global. We are looking forward to working with Bahrain FinTech Bay to make instant cross-border settlement a reality for the region.”