Bahrain’s leading regional player in electronic financial transactions – BENEFIT was awarded the “Fastest Growing Electronic Payment Solution” award at the International Finance Awards 2019. This prestigious award is in recognition of BENEFIT’s achievements in the financial service sector, and its commitment to provide the most modern financial services and cutting-edge technology to strengthen Bahrain’s position as the financial hub of the region.
The International Finance Awards recognizes and honors individuals who have had a positive impact on the performance of their company, and have developed innovative products or services that have set benchmarks for their peers and within the industry. Winning an International Finance Award is a recognition of their continued efforts and commitment to improving business performance.
BENEFIT CEO, Abdulwahed Al Janahi commented, “This award marks another milestone for us. It is a testament of the diligent execution of the company’s strategic initiatives geared towards making Bahrain a regional model for FinTech services. It is a validation for all the hard work our immensely talented team has put in to achieve our vision.”
BENEFIT has been making continuous efforts to develop the FinTech landscape in Bahrain and is creating various strategic alliances to strengthen relationships between businesses and their consumers, in line with Bahrain’s Economic Vision 2030. BENEFIT is also launching innovative solutions, and services to prepare Bahrain for the future economy. Up to 2019, BenefitPay has registered 280,000 users on the application and is the most used online payment platform in Bahrain.