Kiya.ai, a fintech company globally recognised for its AI-based omnichannel banking, core-banking tech, regtech, and metaverse solutions expands its global presence across the Middle East and Africa region through a strategic partnership with Arab Financial Services (AFS), MEA region’s principal digital payment solutions provider and fintech enabler, with a legacy spanning four decades.
Their partnership to improve the Middle East and Africa banking and financial services industry’s technology is a milestone.
Amit Sharma, President – Products, Kiya.ai said, “We are delighted and proud to announce a partnership between Kiya.ai and Arab Financial Services (AFS), which expands our addressable market and opens new opportunities for growth in the Middle East and Africa regions. This strategic partnership is more than just a collaboration; it’s a catalyst for growth, efficiency, and excellence. Our cutting-edge solutions and deep knowledge of global market practices and regulations coupled with expertise in modern architectures have enabled us to be the trusted partner for the region’s prominent fintech enabler. Together, we are poised to set new standards in the financial industry, leveraging our combined expertise to drive transformative change and propel the sector into a dynamic and technologically advanced era.”
In this agreement, Kiya.ai’s industry experience and new-age banking technologies like Core Banking, Digital Banking, Internet Banking, electronic Customer Onboarding (eCO), and Trade Finance solutions will boost AFS’s varied products and solutions range.
Samer Soliman, Chief Executive Officer, Arab Financial Services, said, “AFS is honoured to lead the technological transformation in pioneering the expansion of technology within the financial sector. We are committed to supporting our many banking clients and partners and always keeping them ahead of the region’s rapid digital progress. Our partnership with Kiya.ai adds value to AFS’s diverse digital payments production and solution portfolio. This further highlights our commitment to augmenting our bank clients’ offerings, and expanding our spectrum of customer-centric solutions. This collaboration strengthens our position as the leading provider of innovative digital payment solutions in the Middle East and Africa.”
Kiya.ai has worked with 110+ financial institutions across the MEA region. With this partnership, both entities aim to offer comprehensive banking suite solutions and on-board financial institutions from the 20 countries of the MEA region.
Kiya.ai is one of the most innovative digital solutions providers serving financial institutions and governments globally. They are known for their deep domain expertise in Financial Services, Core Banking, Digital Payments, Governance, Risk, and Compliance solutions. Along with its market-ready processes, which help clients traverse their digital transformation journey and create sustainable value for the community. Kiya.ai is headquartered in Mumbai.
About Arab Financial Services (AFS)
AFS is the Middle East and Africa region’s leading digital payment solutions provider and fintech enabler. Regulated by The Central Bank of Bahrain, and majority-owned by Bank ABC, AFS boasts numerous ground-breaking end-to-end digital payment services and solutions.