Leading fintech firm, BKN301, enters the MENA market to stimulate economic growth in the region. With its suite of advanced technological solutions and services, BKN301 aims to revolutionize the fintech sector, making finance more accessible and streamlined. The company’s entry into the market comes at a time when the MENA region presents significant opportunities due to a lack of well-established financial institutions and a large unbanked population.
To cater to the region’s evolving demands, BKN301 introduces its state-of-the-art modular tech platform, offering cutting-edge payment products and services. With a focus on modernization, the company seeks to bridge gaps and promote financial inclusivity while supporting the projected growth of the Middle East and Africa’s fintech sector, expected to reach USD 3.45 billion by 2026.
BKN301’s comprehensive financial services encompass a range of solutions, including 301wallet, 301pay, 301xb, and 301core. These offerings integrate complex systems with precision and speed, addressing the increasing need for fintech solutions driven by urbanization, smart connectivity, and the adoption of innovative technologies across various domains in the MENA region.
With a commitment to removing financial barriers, BKN301 aims to enhance cross-border payments, particularly significant in the Middle East with its prominent remittance corridors. Leveraging a ‘Banking-as-a-Service’ platform and eMoney model, the company streamlines financial processes, providing services such as payment provision, token issuance, and open banking facilitation.
Stiven Muccioli, Founder and CEO of BKN301, expressed enthusiasm for offering cutting-edge payment services in the MENA region. He emphasized the company’s dedication to providing partners and clients with efficient and convenient payment solutions backed by advanced technologies. With fierce market competition, BKN301’s specialized solutions and financial expertise are poised to contribute to the growth and accessibility of the region’s fintech sector.
BKN301’s modular technology platform encompasses a wide array of Banking as a Service and payment options, including online payment gateways, mobile payments, remittances, and digital wallets. The company’s customized solutions are designed to support regional opportunities and rapidly expanding markets across the MENA region. Recently, BKN301 participated in the Dubai Fintech Summit, forging new alliances and expanding its network to diversify its business operations in the region.