2023-11-06 07:02:30
The sector is witnessing remarkable growth that will reach $4.5 billion by 2025
BKN301, one of the leading companies providing payment solutions and banking services as a service in the Middle East and North Africa region, announced its participation in the Money 20/20 conference, the leading event in the field of financial technology in the world, where it presented a set of solutions aimed at shaping new features of the financial technology landscape. FinTech within the Middle East and North Africa region. During the event, BKN301 was able to showcase its advanced expertise while highlighting its firm commitment to developing strategic partnerships that will bring many benefits to the region.
BKN301 presented a set of research, studies, and analyzes necessary for new innovations to be introduced into the Middle East and North Africa region, thus confirming its goal of developing the financial technology scene and enhancing its markets in the region.
BKN301, one of the sponsors of the Money 20/20 conference, also hosted exclusive demo sessions, giving attendees the opportunity to explore its models of banking services, which contribute to facilitating the process of developing financial solutions, enabling users to choose what suits them and according to their needs. The company has communicated and interacted with many investors, partners and collaborating parties that share its vision of enhancing excellence in financial technology, in support of its expansion and development operations throughout the countries of the Middle East and North Africa region.
Stephen Muccioli, founder and CEO of BKN301, said: “We at BKN301, through our participation in the Money 20/20 Global Conference in the United States of America for the second year as one of the sponsors, were able to make effective contributions to this international forum that brings together leaders in the field of financial technology. This participation embodied our commitment to improving our services targeting countries in the Middle East and North Africa region and developing an environment supportive of sustainable growth for the financial technology sector.”
The financial technology sector in the region is witnessing a continuous rise, supported by the positive future vision of the overall economy and the leading financial services sector in the region. Reports indicate a significant development in the financial technology sector, as it is expected to witness remarkable growth reaching 1.5 trillion US dollars by the year 2030, while digital payment services maintain their importance and distinction in the sector, with a growth rate of more than 20%.
BKN301’s participation in the Money 20/20 Conference reflects its vision aimed at developing development goals in line with the growing needs of the Middle East and North Africa region. This forum provided the company with a unique opportunity to achieve its most important operational goals of keeping pace with the latest trends, applications and information in the financial technology sector.
#Corporate data
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About BKN301 Company
BKN301 is a financial technology company that provides an online platform for digital payment services and banking functions, including financial services, payment services and token issuance. The company aims to become the leading operator in the open and cross-border banking sector, offering its technology solutions to international markets with a focus on high-growth markets (Africa, Middle East and Eastern Europe). The company’s services are distinguished by their ease of integration, and their ability to enable many sectors, including financial institutions, financial technology companies, telecommunications companies, utilities, retail companies, and Web3, to provide value-added services to their customers. BKN301 was founded by Stephen Muccioli, Federico Zambelli Hosmer and Luca Bertozzi, and the company has raised approximately €20 million since starting operations in March 2021.
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