FinTechSpace, backed by Taiwan’s Financial Supervisory Commission and co-funded by the Taiwan Financial Service Roundtable, has partnered with Bahrain FinTech Bay (BFB) to kick off a new era of fintech collaboration.
The partnership aims to leverage Bahrain’s advanced digital infrastructure and regulatory frameworks to enhance fintech innovation and cooperation.
Backed by the Bahraini government, ecosystem builder BFB has emerged as the country’s leading fintech platform, providing innovation labs, acceleration programmes, 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 working space, fintech company referrals, local presentations and community network resource sharing.
“Since its inception, FinTechSpace has actively established cooperative relationships with overseas fintech hubs,” said Sam Hung, director of FinTechSpace. “Through this collaboration, we look forward to pushing Taiwan’s fintech capabilities onto a broader international stage through this partnership.”
Suzy Al Zeerah, COO of Bahrain FinTech Bay, also commented: “By partnering with Taiwan’s FinTechSpace, we can assist fintech companies from both sides to expand in the Bahraini and Taiwanese markets, promoting the mutual growth of our digital economies.”
The collaboration
Since its launch in 2018, FinTechSpace has actively connected with international market resources and forged fintech partnerships worldwide. The new partnership with Bahrain FinTech Bay also marks its 16th international collaborator and its first in the Middle East.
FinTechSpace’s global network now extends across 19 regional markets, linking with 33 international organisations. This collaboration is also expected to deepen industry understanding of the Asia-Pacific and Middle Eastern markets, enhance exchange and cooperation opportunities, and create a mutually beneficial relationship.
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