Bahrain FinTech Bay unveils 2024 plan: Innovation and growth unleashed.

Bahrain FinTech Bay (BFB) has unveiled its 2024 strategy, aimed at pushing forward the country’s fintech sector. The company plans to offer research and development initiatives, sector-focused reports, and acceleration programs to support the BENEFIT Company, which acquired BFB in September. The company will also establish a fintech academy, collaborate with international academic institutes, and increase its fintech events, including a dedicated crypto-focused event and insurtech event. BFB will also work on expanding its network and forging strategic partnerships with regional and global fintech hubs. The company’s goal is to position Bahrain as a global leader in fintech and broader technology innovation.