Kiya.ai, India’s fintech firm partners with Arab Financial Services| Expands into Middle East and Africa

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Kiya.ai, an Indian fintech firm known for its AI-based omnichannel banking, core-banking tech, regtech, and metaverse solutions has expanded across the Middle East and Africa region after partnering with Arab Financial Services (AFS), MEA region’s digital payment solutions provider and fintech enabler

The two firms will enhance their products and services and expertise and new-age banking technologies such Core Banking, Digital Banking, Internet Banking, electronic Customer Onboarding (eCO) and Trade Finance solutions and years of experience to serve the new region.

According to Amit Sharma, President – Products, Kiya.ai, “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.”

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 known for there deep domain expertise in Financial Services, Core Banking, Digital Payments, Governance, Risk, and Compliance solutions.

Kiya.ai is headquartered in Mumbai and helps businesses transform through its advanced digital solutions and new-age technologies such as metaverse, multi-experience & omnichannel banking, artificial intelligence, intelligent automation, and data analytics. Kiya.ai serves 500+ enterprises in 58 countries across South-East Asia, Africa, the Middle East, Europe, and North America.

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.”

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. These span debit, credit, and Islamic card processing, merchant acquiring, fintech, and a suite of state-of-the-art value-added services. Providing the highest quality payment solutions that are trusted by businesses, AFS has offices and data centers in Bahrain, Egypt, Oman, and the UAE. Its dedication to innovation has positioned AFS as a driving market force delivering a rich portfolio of payment solutions including its Open Banking hub, popular digital mobile wallets, market-leading merchant acquiring services, Bahrain’s leading digital payroll solution, global contact centers and more.