Manama, Kingdom of Bahrain – 6th March 2024: SINNAD, a pioneer provider of Card Processing and Payment Services in the MENA region, a subsidiary of The BENEFIT Company, is delighted to announce its strategic partnership with Bede, a new innovative Shariah Compliant Fintech Mobile App aiming to deliver convenient microfinance services to its customers, a subsidiary of Zain Bahrain Fintech Company. The strategic partnership between SINNAD and Bede brings state-of-the-art technology and innovative solutions along with expertise in financial technology services, by committing to delivering exceptional value to the customers and driving the growth of Bede to achieve their financial goals and succeed in the rapidly evolving digital economy.
Rana Almaeeli, Chief Executive of SINNAD commented: “We are honored to collaborate with Bede and provide our innovative and robust solutions to their newly launched App. Our cutting-edge technology empowers Bede to offer its customers a secure, efficient, and user-friendly payment experience. This partnership showcases our commitment to driving innovation in the fintech industry and delivering tangible value to our clients.”
AbdulNasser Al-Rayes, Bede Chief Executive Officer said: “Bede is revolutionizing the microfinance landscape across the Kingdom with innovative solutions, providing accessible and inclusive financial services to individuals. Through our significant partnership with SINNAD, we can leverage cutting-edge technology and expertise to enhance the user experience and streamline financial transactions. This collaboration comes as part of Bede’s continuous commitment to financial empowerment, and with SINNAD’s collaboration, we aim to drive financial inclusion and digital transformation to thrive in the digital economy in Bahrain.”
As a frontrunner in the Financial Services sector, regulated by the Central Bank of Bahrain and licensed as an Ancillary Service Provider. SINNAD leverages best-in-class technology and expertise to offer reliable, efficient, and user-friendly integrated solutions for card issuing, card personalisation, ATM services, merchant acquiring services and state-of-the-art value-added services. From systems outsourcing to full operations, along with providing end-to-end services that enable businesses to enhance their operations, improve customer experiences, and drive profitability.
Bede is an innovative Shariah-compliant fintech mobile app, operating under a company licensed by the Central Bank of Bahrain (CBB) aiming to deliver convenient microfinance services to its customers. The App offers a seamless consumer microfinance service in just a few steps. Applicants can download the app and receive instant, hassle-free approvals based on their credit profile and unique financial needs and goals, making accessing the funds they need easier than ever. Please visit bede.bh or call 13633333 for further information.
