Beyon Solutions & Bahrain FinTech Bay Sign MoU on Cloud Adoption
The MoU maps out knowledge sharing and services to help fintech startups, scale-ups, and new entrants establish and grow in Bahrain’s financial sector.
As Bahrain’s financial services sector leans further into the cloud, Beyon Solutions, a subsidiary of the Beyon Group and an IT and digital transformation consultancy, and Bahrain FinTech Bay signed a memorandum of understanding to collaborate on advancing cloud adoption and drive the next phase of digital transformation across the Kingdom’s financial services sector.
Under the agreement, the two parties will coordinate to develop fintech programs, support startups, and build new digital infrastructure — efforts that align with Bahrain’s ongoing strategy to strengthen its position as a regional innovation hub.
Key areas of collaboration are expected to include: enabling fintech startups with resources and networking, supporting regulatory-tech initiatives, and jointly launching events, workshops, and incubation programmes to nurture fintech talent in Bahrain and beyond.
Beyon Solutions — part of a larger digital-services group — brings experience in enterprise software, cloud services, and ICT infrastructure. Their partnership with Bahrain FinTech Bay signals a shared commitment to modernising financial technology, improving financial inclusion, and accelerating digital adoption among institutions and consumers alike.
For Bahrain FinTech Bay, the agreement reinforces its role as a central platform in the region for fintech innovation. By working with a major systems integrator and digital-services provider, the FinTech Bay ecosystem is poised to strengthen its infrastructure, governance support, and capacity to incubate and scale fintech ventures.
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