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Economic Development Board

Bahrain FinTech Bay Write Up

Bahrain FinTech Bay will be the largest FinTech Hub in the Middle East.

Located in the Arcapita Building, Bahrain FinTech Bay is a dedicated FinTech co-working space
to position Bahrain as a regional FinTech hub.

Our partners include governmental bodies, financial institutions, corporates, consultancy
firms, universities, associations, media agencies, venture capital and FinTech start-ups.

The purpose of Bahrain FinTech Bay is to: Accelerate local early stage FinTech companies to
the next growth stage of commercialization and expedite partnership opportunities; Attract
foreign growth stage FinTech companies to establish their regional head-offices in Bahrain
and facilitate their go to market approach into GCC and; Accommodate FinTech companies
to accelerate their customer acquisition and scale their product & services offering through
our partner ecosystem.

We also aim to: Offer both private and public sector with a physical meeting point to cocreate,
share resources and align initiatives; Operate in a platform neutral (not a single
corporate branded/ affiliated) dedicated FinTech space to foster the development and
interaction between all the stakeholders in Bahrain’s FinTech Ecosystem and; To further
solidify Bahrain’s international reputation as the FinTech hub for the GCC and Middle East
through a global FinTech partner network.

We want to provide our partners with physical hub and a strong value proposition to incubate
impactful FinTech initiatives, to ideate, develop and accelerate the future proofing of
Bahrain’s financial services sector in a leading regional FinTech Hub. We believe in
partnerships and the creation of a complete ecosystem that will drive the FinTech industry in
the Middle East.

About the Bahrain Economic Development Board

The Bahrain Economic Development Board (EDB) is an investment promotion agency with overall responsibility for attracting investment into the Kingdom and supporting initiatives that enhance the investment climate.

The EDB works with the government and both current and prospective investors, in order to ensure that Bahrain’s investment climate is attractive, to communicate the key strengths, and to identify where opportunities exist for further economic growth through investment.

The EDB focuses on several economic sectors that capitalise on Bahrain's competitive advantages and provide significant investment opportunities. These sectors include financial services, manufacturing, ICT, tourism, logistics and transport. The financial services sector is particularly strong in Bahrain and the EDB works to support the continued growth of the banking industry and key sub-sectors, including Islamic finance.

For more information on the Bahrain EDB visit www.bahrainedb.com; for information about Bahrain visit www.bahrain.com.