Fintech
Taiwan’s FinTechSpace and Bahrain FinTech Bay Form New Fintech Alliance
FinTechSpace, supported by the Taiwan Financial Supervisory Commission and co-financed by the Taiwan Financial Services Roundtable, has collaborated with Bahrain FinTech Bay (BFB) to usher in a new era of fintech collaboration.
The partnership aims to leverage Bahrain’s advanced digital infrastructure and regulatory frameworks to enhance innovation and cooperation in the fintech sector.
Backed by the Bahraini government, ecosystem builder BFB has emerged as the country’s leading fintech platform, offering innovation labs, accelerator programs, curated activities, and educational opportunities. BFB has attracted over 135 fintech companies, using Bahrain as a base to expand into the Middle Eastern market.
An agreement between FinTechSpace and BFB covers a wide range of collaborative resources, including workspaces, fintech company referrals, local introductions and community network resource sharing.
“Since its inception, FinTechSpace has actively established cooperative relations with overseas fintech hubs,” he said. Sam hangingDirector of FinTechSpace. “Through this collaboration, we look forward to pushing Taiwan’s fintech capabilities to a broader international stage through this partnership.”
Suzy Al-ZeerahChief Operating Officer of Bahrain FinTech Bayalso commented, “By partnering with Taiwan’s FinTechSpace, we can help fintech companies from both sides expand into the Bahrain and Taiwan markets, promoting the mutual growth of our digital economies.”
Collaboration
Since its launch in 2018, FinTechSpace has actively connected with international market resources and shaped financial technology partnership all over the world. The new partnership with Bahrain FinTech Bay also marks its 16th international collaboration and its first in the Middle East.
FinTechSpace’s global network now spans 19 regional markets, connecting with 33 international organizations. This collaboration is also expected to deepen the industry’s understanding of the Asia-Pacific and Middle East markets, enhance exchange and cooperation opportunities, and create a mutually beneficial relationship.