Fintech Galaxy, a financial innovation firm, has announced the addition of a team of global Open Banking/Finance experts as it seeks to expand its product offering and presence throughout the MENA region. The Open Finance experts have joined Fintech Galaxy to help it achieve its mission of increasing financial inclusion and bringing open banking and finance to the MENA region through its fast, secure, and developer-friendly proprietary platform www.thefinx.io. Open Finance is the next step in the evolution of Open Banking.

“Our new solutions have been built in response to growing demand from FSIs around the world for cloud products capable of accelerating their digitalization and enhancing the customer experience,” said Raymond Xiao, Head of International Industry Solutions and Architecture, Alibaba Cloud Intelligence. “By leveraging our extensive cloud capabilities and industry know-how, we have developed a comprehensive suite of solutions to advance growth and innovation in the finance sector”.

Ziina, a UAE-based, YC-backed start-up on a mission to provide financial freedom to everyone in the Middle East, is coming to Jordan. The Jordanian expansion is the latest milestone in the fintech company’s rapid succession of innovation, having launched their digital wallet in February 2022 and their proprietary payment keyboard, the Ziiboard, just this month.

QFIL Solutions, a UAE FinTech start-up, has won the IFX EXPO International – Ultimate Fintech Awards, 2022, which was recently held in Limassol, Cyprus, and was attended by top-level international fintech executives.

Participating start-ups will be matched with suitable partners during the sprint, after which they will have the opportunity to pitch their business idea to senior stakeholders of leading financial partners in the Middle East.