Manama: Batelco has announced its entry into the world of fintech by establishing its new licensed company, Batelco Financial Services, making it the first telecom company in the GCC to receive licences for Open Banking.
The company obtained the necessary licences from the Central Bank of Bahrain (CBB) to provide both consumers and SMEs with services such as digital wallet creation, cards issuance services, bank accounts aggregation and bank account payments initiation on behalf of clients and third parties .
