Doha: The QNB Group and Ooredoo Fintech announced a groundbreaking extension to their partnership aimed at revolutionizing fintech services in the Sultanate of Oman, marking a significant milestone in the region’s digital transformation journey.
The QNB Group added that building on their existing strategic alliance, which to date has focused on the market leading Ooredoo Money proposition in Qatar, QNB will serve as the settlement bank for Ooredoo Fintech’s mobile wallet in the Sultanate of Oman.
Commenting on the partnership, Senior Executive Vice President – Group Corporate and Institutional Banking Khalid Ahmed Al Sada stated, “This partnership aligns with our commitment to supporting innovation in the countries we operate. By leveraging our robust banking infrastructure and Ooredoo’s expansive reach, we aim to empower individuals and businesses with convenient, secure, and accessible financial services.” For his part, CEO of Ooredoo Fintech Michelangelo Giacco expressed his enthusiasm for the collaborat
ion by saying, “We are dedicated to leveraging technology to enrich the lives of our customers. This partnership with QNB represents a significant step towards realizing this vision, as we combine our expertise to deliver innovative fintech solutions tailored to the needs of the Omani market. Together, we aim to redefine the future of digital wallets and drive financial inclusion across the Sultanate.”
Source: Qatar News Agency