back Back

Fable Fintech forays into Bahrain with Batelco Financial Services

By Leandra Monteiro

July 06, 2022

  • Bahrain
  • Batelco Financial Services
  • BeyonMoney
Share

Fable FintechFable Fintech, a global banking infrastructure company enabling SaaS-powered platforms for cross-border, corporate, trade, and FX transactions, announced its foray into Bahrain. Fable partnered with Batelco – Bahrain’s premier telecommunications company, to power personalized, transparent and real-time remittances on its digital financial SuperApp – BeyonMoney.

As per the partnership, Fable embedded its Growth Suite directly into BeyonMoney to make the global remittances – instant, easy and convenient for Batelco’s customers.

“We inked the agreement last year and continued to focus on delivering a competitive and highly customized system – duly integrated with Batelco’s unique proposition of a personal dashboard offering a rate comparison of currency exchange rates – updated in real-time. Our robust system not only synchronized with the state-of-the-art modules at the client’s end seamlessly but also facilitated a faster design to delivery experience for the app. This prestigious partnership in one of the most competitive markets globally has boosted our focus and leadership,” said Naushad Contractor, CEO, Fable Fintech.

Fable also recently announced its strategic partnership with XeOPAR, a one-touch cross-border payments and remittances startup for all. Fable Growth Suite (Retail) platform chosen by XeOPAR serves both inward and outward remittances. In addition, it helps payments providers grow revenue from existing and new customers, and improve profitability.

Previous Article

July 06, 2022

OpenFin announced securing a strategic investment from ING Ventures

Read More
Next Article

July 06, 2022

Seedrs selects Form3 and LHV UK to support instant and faster payments

Read More






IBSi Daily News Analysis

June 21, 2024

Bahrain

Industry experts react after India FIU fines Binance $2.2m, signaling tougher digital asset regulations

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

June 21, 2024

MECCA & Adyen to offer a seamless payments experience in Australia

Read More

June 21, 2024

Vipps, MobilePay launch cross-border P2P payments in the Nordics

Read More

June 21, 2024

FinTech Focus: Catch latest developments of the week

Read More

Related Reports

Sales League Table Report 2024
Know More
Global Digital Banking Vendor & Landscape Report Q1 2024
Global Digital Banking Vendor & Landscape Report Q1 2024
Know More
Wealth Management & Private Banking Systems Report Q1 2024
Wealth Management & Private Banking Systems Report Q1 2024
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q1 2024
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2023