Fable Fintech moves into Bahrain with Batelco Financial Services

Fable Fintech moves into Bahrain with Batelco Financial Services

By Leandra Monteiro

Fable Fintech, a global banking infrastructure company enabling SaaS-powered platforms for cross-border, corporate, trade and foreign exchange transactions, announced its entry into Bahrain. Fable entered into a partnership with Batelco – Bahrain’s leading telecommunications company, to operate personal, transparent and real – time transmissions on its digital financial SuperApp – BeyonMoney.

Under the partnership, Fable built its Growth Suite directly into BeyonMoney to make global transfers – instant, easy and convenient for Batelco customers.

“We entered into the agreement last year and continued to focus on delivering a competitive and highly customized system – duly integrated with Batelco’s unique proposal for a personalized dashboard that offers a price comparison of exchange rates – updated in real time. Our robust system not only synced seamlessly with the state-of-the-art modules at the end of the client, but also enabled a faster design-to-delivery experience for the app. This prestigious partnership in one of the most competitive markets globally has strengthened our focus and leadership, “said Naushad Contractor, CEO, Fable Fintech.

Fable also recently announced its strategic partnership with XeOPAR, a one-touch cross-border payment and remittance for all. The Fable Growth Suite (Retail) platform chosen by XeOPAR serves both deposits and withdrawals. In addition, it helps payment providers increase revenue from existing and new customers, and improve profitability.