Dubai PR Network, Online Press Release from Dubai and Middle East
 
Business and Economy
Filter PR by
  
BKN301 announces Qatar office as the regional headquarters for all MENA operations

Qatar’s digital payments market is rapidly expanding, with the number of users projected to reach 2.87 million by 2028.

February 03, 2025: BKN301 Group, a London-based Banking-as-a-Service technology provider dedicated to empowering the financial industry and operating in European and MENA markets, has designated its Qatar office as the company’s regional headquarters for the MENA region, in line with its ongoing development strategy. This move highlights BKN301’s commitment to driving digital transformation across the region and advancing the fintech sector through its innovative solutions.

By leveraging its global expertise in digital banking solutions, the new head office in Qatar, which is now fully operational, will serve as a regional hub, offering advanced BaaS Orchestrator solutions and cutting-edge financial services tailored specifically to the MENA market. Its operations will be spearheaded by Jordan A. Fabbri, Country Leader of BKN301, Qatar, facilitating seamless regional delivery of innovative solutions.

The move coincides with Qatar digital economy’s rapid growth, bolstering the nation’s fintech ecosystem. Digital investment will be the largest market catalyst in Qatar, with assets under management (AUM) in the sector poised to reach USD 3.85 million (QAR 14.01 million) in 2025. In line with this, the nation’s digital payments market is rapidly expanding, with the number of users projected to reach 2.87 million by 2028. BKN301 leverages this opportunity to attract more businesses, provide its best-in-class solutions in the region and scale the company’s operations.

Stiven Muccioli, Founder and CEO of BKN301 said: “Our decision to establish the Qatar office as the regional headquarters of the MENA region reflects the nation’s rising position as a fintech innovation hub. By designating the office as our regional operations centre, we aim to better serve the market and support its dynamic growth. Moreover, as the regional fintech sector offers significant opportunities for economic diversification, we reinforce our commitment to advancing Qatar’s vision to foster a robust digital economy, which will also aid in bolstering our ability to deliver world-class solutions and exceptional market value.”

The ongoing growth is a reflection of the Qatar Central Bank’s fintech initiatives and the broader objectives of Qatar’s ‘National Vision 2030’ to drive economic diversification and technological innovation, which BKN301 strives to achieve.

Jordan A. Fabbri, Qatar Country Leader of BKN301 said: Our presence in Qatar promises to accelerate the implementation of our BaaS Orchestrator platform, which will allow companies to integrate and deliver financial products with ease. Moreover, our expertise and innovation distinguish us as a pioneer in transforming banking services and fostering economic diversification. With Qatar's digital payment usage continually growing, we are strategically positioning ourselves to take advantage of the region's rising demand for innovative financial services.”

As the fintech sector sustains its rapid growth momentum, BKN301 remains steadfast in its efforts to offer cutting-edge solutions, which can positively shape the future of the banking and financial services sector.


Posted by : DubaiPRNetwork.com Editorial Team
Viewed 11447 times
PR Category : Business and Economy
Posted on : Sunday, August 3, 2025  12:00:00 AM UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of DubaiPRNetwork.com.
Previous Story : BluSmart Wins 'Best Ride-Hailing Service of the Year' at Tru...
Next Story : Panasonic reaffirms commitment to Nigeria, outlines vision f...
Email this article Print this article

Share this article with your friends and followers
NewsVine
 
 
Most Viewed Press Release posted in the last 7 days
Own Your Valentine's Look With Catrice: Flawless Brows & A Blush That Speaks Love [52607-Views]
SHEGLAM X Hello Kitty Returns for Valentine's Day with an Even Sweeter and Dreamier 2.0 Co... [52049-Views]
Host with Heart: REDTAG's Ramadan Home Collection Elevates Every Gathering [34735-Views]
Under the Patronage of Prince Khalid Al-Faisal, Governor of Makkah Region Experts from the... [33526-Views]
DoxAI to join UAE's Nextgen FDI Initiative to Drive AI-Powered Business Transformation [16994-Views]
Rybakina edges out jabeur in three-set classic at mubadala abu dhabi open [16863-Views]
Hafeet Rail Awards Three Strategic Contracts and Secures a Landmark Agreement to Advance O... [15309-Views]
Hotpack launches CEO Excellence Awards to recognise outstanding employee performance [14067-Views]
ADNOC distribution reports record EBITDA for FY2024 and accelerates operational growth [12390-Views]
Panasonic and Beamcast join forces to accelerate broadcast innovation in Qatar [11763-Views]
Emirates and Air Peace sign interline agreement, expanding travel choices to 13 cities in ... [9000-Views]
Zayed Sustainability Prize Opens Global Call for Transformative Solutions [8913-Views]
João Almeida battles towards podium as Volta Valenciana heats up [8881-Views]
Ajmal Perfumes Introduces The Untold Stories: A Landmark Collection of Five Exquisite Frag... [8245-Views]
Manchester City Abu Dhabi Cup returns as more than 2,500 young players from around the wor... [7909-Views]
Abu Dhabi Fund for Development strengthens global partnerships and sustainability at World... [7454-Views]
Emirates Skywards and ALL - Accor's Loyalty Programme elevate partnership, offering more r... [6847-Views]
IHG Hotels at Dubai Festival City Unveils Exclusive Culinary Delights, Staycation Packages... [6683-Views]
FaceFit Opens Up First Of Its Kind Studio for Face Fitness in Dubai [6248-Views]
Gargash Mercedes-Benz Service Center in Deira Embarks on a New Era of Excellence, Innovati... [5986-Views]
Clemenceau Medical Center Hospital Dubai Partners with Forevue Health Managed Care Network... [5826-Views]
UAE and Portugal explore ways to enhance cooperation in civil aviation, tourism, clean ene... [5826-Views]
João Almeida finishes runner-up at Volta Valenciana [5654-Views]
Pogačar and UAE Team Emirates-XRG Set Sights on Victory at Home Race [5617-Views]
Human Fraternity Ambassadors Gather to Discuss Peaceful Coexistence at the Zayed Award for... [5584-Views]
 
RSS Facebook Twitter LinkedDin DubaiPRNetwork.com on Instagram
 
Back to Section Home

Related Stories

 
Top Sections
 
Top Stories