DigiDoe, a UK-based FinTech launches operations in Qatar

By Leandra Monteiro

DigiDoe launched operations in Doha this week and is targeting banks in the Middle East as part of its plan to revolutionise the world’s out-dated payments infrastructure.

Designed from scratch, DigiDoe’s patented multi-factor biometric-based anti-money laundering (AML) and fraud prevention solution provides a secure, tailor-made, AI-driven platform for financial institutions and central bank digital currencies (CBDC).

Tony Hajjar, DigiDoe’s Head of Operations, Qatar said, “DigiDoe has created a pioneering, next generation, all-in-one unique solution, and can now offer its fully integrated, innovative, proprietary technology to forward-thinking banks here in the Middle East. I believe that we have the answer to the question many central and commercial banks have been asking – how do we offer a world-beating payments system fit for the next century? If banks in Qatar want to be leading the way, at the forefront of the world’s new, faster, safer payments infrastructure, they should get in touch.”

DigiDoe has put the world’s central and commercial banks firmly in its sights, having received crucial international security certification for its proprietary anti-money laundering (AML) and fraud prevention solution.

Pavel Guzminov, founder and CEO of DigiDoe said “Our mission in Qatar is to support and develop growth of the Qatar economy. We are privileged to have Tony Hajjar on board. Tony will enhance our presence in Qatar, building key business relationships, strengthening our co-operation with the local regulator and engaging directly with banks. The time is right for a major digital transformation of the payments infrastructure across the region and if the opportunity is seized, Qatar can be seen as a trail-blazer for the rest of the world.”

London-based DigiDoe recently unveiled its super-fast ‘Banking as a Service’ (BaaS) solution. The new BaaS service utilises DigiDoe’s patented technology and comes with embedded proprietary anti-money laundering (AML) & fraud prevention systems. It offers onboarding of business and corporate clients, transaction monitoring, as well as domestic and cross-border payments in multiple currencies via a single API.