back Back

Masraf Al Rayan and KARTY partner to provide FinTech services

By Leandra Monteiro

June 12, 2023

  • Digital Transformation
  • Financial Technology
  • FinTech
Share

Masraf Al RayanMasraf Al Rayan, an Islamic bank in Qatar, announced the signing of a Memorandum of Understanding (MoU) with KARTY LLC, a startup FinTech company.

This strategic partnership represents a pivotal commitment by the bank to drive escalating advancements in the FinTech sector and deliver innovative digital solutions.

Through this collaboration, Masraf Al Rayan will join forces with Karty, pooling their expertise and resources to enhance developments in the financial technology sector, redefine the industry based on global advancements, and empower individuals with the knowledge and tools to make informed financial decisions.

Rana Al Asaad, General Manager of Retail and Private Banking at Masraf Al Rayan said, “We are pleased to announce our strategic alliance with KARTY LLC, which perfectly aligns with our unwavering dedication to promoting innovation and delivering exceptional services to our esteemed clients. By combining our comprehensive expertise with Karty’s advanced technology, our goal is to enhance the future of the fintech sector. We are fully committed to introducing significant improvements that will positively impact the lives of individuals and customers.”

Mohammed Suleiman, Co-founder of KARTY LLC shared, “This partnership represents a new chapter for Karty, and we are excited to embark on this journey with Masraf Al Rayan, a prominent bank in the financial sector. This collaboration is a significant milestone for Karty as we strive to empower individuals with the knowledge and tools to confidently manage their financial matters. We are confident that Masraf Al Rayan’s extensive expertise and resources will accelerate our growth and enable us to deliver even greater value to our clients. By joining forces, we aim to drive fintech innovation, enhance customer experiences, and shape the future of the financial landscape.”

The strategic alliance between Masraf Al Rayan and KARTY paves the way for a transformative journey towards reshaping the FinTech industry. The focus will be on developing revolutionary solutions in new technologies and empowering users to achieve financial well-being.

Previous Article

June 12, 2023

Teya and Liberis team up to improve merchant financing in UK

Read More
Next Article

June 12, 2023

Mosaic secures $26m Series C to accelerate growth

Read More






IBSi Daily News Analysis

June 21, 2024

Digital Transformation

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

Discai and Harmoney join forces to fight financial crime

Read More

June 21, 2024

FinTech Focus: Catch latest developments of the week

Read More

June 21, 2024

Ageras to acquire French FinTech Shine from Societe Generale

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