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Nucoro and Bahrain FinTech Bay Announce Partnership

Bahrain FinTech Bay (“BFB”) has partnered with Nucoro, the London based fintech platform focused on delivering innovative investment and savings solutions, in their Venture Acceleration Platform with the goal of exploring opportunities and expanding their operations in the MENA region.

The partnership between Bahrain FinTech Bay and Nucoro will focus on introducing the right financial tools and services to the MENA region. Using the Nucoro platform firms will be able to quickly offer new investment and savings propositions that are configured for their unique customer needs.

Lennart Asshoff, CEO Nucoro said:

‘We are excited to work with Bahrain Fintech Bay to enable firms in the MENA region to accelerate their innovation agenda with the Nucoro platform. Digital transformation timelines are under immense pressure as customer expectations continue to shift and our technology can support firms in efficiently delivering the tools and services their clients need.’

Bahrain FinTech Bay’s venture acceleration platform aims to accelerate FinTech companies to the next growth stage of commercialization and expedite partnership opportunities with them. Additionally, to significantly improve Startup outcomes and the benefits of developing new and innovative products and services spillover into the broader private economy by improving efficiencies, promoting new business models, creating local jobs and access to international opportunities.

Find out more about Nucoro's partnerships here.

Key Ideas

  • Bahrain FinTech Bay has partnered with Nucoro with the goal of expanding operations in the MENA region
  • The Nucoro platform offers firms access to new investment and savings propositions, configured on their unique customer needs
  • Bahrain FinTech Bay's venture acceleration platform aims to accelerate FinTech companies to the next growth stage of commercialization