Mena Fintech Association announces partnership with Binance

By Leandra Monteiro

The Mena Fintech Association announced its partnership with Binance, a blockchain ecosystem, and cryptocurrency infrastructure provider, to drive innovation and growth in the FinTech industry.

As two prominent players in the FinTech sector, Mena Fintech Association and Binance will collaborate on a range of initiatives to drive the industry forward and promote FinTech innovation. This partnership is a significant step forward in the ongoing efforts of MENA Fintech Association to promote the growth and development of the FinTech sector in the region.

“As a regional fintech body, we are thrilled about this partnership between MFTA and Binance. We believe that the collaboration will create more opportunities for our members and contribute to the growth and development of the fintech industry in our region. We look forward to seeing the positive impact of this partnership and to working together to support and advance the vibrant fintech community,” said Nameer Khan, Chairman of MENA Fintech Association.

As a global cryptocurrency exchange, Binance will provide expertise and resources to the partnership, while Mena Fintech Association will provide its extensive network of industry connections and its knowledge of the local FinTech market.

“It is an exciting time for the Middle East fintech industry in which many players can play a critical role in creating a collaborative and interconnected community to thrive. A free exchange of ideas and discussion is at the core of any successful industry and Binance views its role in the fintech community as a driver and facilitator of progress,” said Richard Teng, Regional Head of Binance.

He added, “Binance is committed to working closely with forward-thinking regulators and governments to develop a clear and beneficial regulatory framework that safeguards market integrity and consumer safety. We believe we can truly shape the future of our industry and build on the substantial progress and ambitious projects already being rolled out in the fintech space.”

Mena Fintech Association is a non-profit organization dedicated to promoting the growth and development of the fintech industry in the Middle East and North Africa region. With a network of industry experts, policymakers, and stakeholders, it provides a platform for discussion and collaboration in the FinTech sector.