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.