Bahrain, 31 October, 2024 – Crypto.com and Beyon Money, a leader in digital financial products and services in Bahrain, have today announced their intention to explore strategic collaboration in the transaction and payments space, as well as joint innovation opportunities in artificial intelligence and open banking.
The companies have signed an MOU to combine Beyon Money’s expertise as a payment platform and financial super-app with Crypto.com’s core capabilities and proven retail products to enhance overall experience for their customers.
“As we continue to expand our presence in Bahrain, we are excited to investigate ways we can partner with Beyon Money, who are really leading the way in the digital payments space in the Kingdom,” said Eric Anziani, President and COO of Crypto.com.
“Beyon Money has an exciting product structure and reach in Bahrain, with a solid reputation and strong user base and by working together we hope to grow both of our brand’s innovative product range and services we provide to our Bahrain customers.”
“Beyon Money is committed to forging partnerships with leading global players,” states Roberto Mancone, CEO of Beyon Money. “Our collaboration with Crypto.com, which has recently obtained its Payment Service Provider license in Bahrain, will focus on co-marketing and promoting our respective cards. We will also work on integrating our platforms to streamline cryptocurrency purchases on the Crypto.com app, along with other projects that explore innovative technologies creating value through tangible use cases for our clients.
This announcement adds to Crypto.com’s increasing commitment to the market, with the company’s Bahrain entity recently receiving a Payment Service Provider Licence from the Central Bank.
About Crypto.com
Founded in 2016, Crypto.com is trusted by more than 100 million customers worldwide and is the industry leader in regulatory compliance, security and privacy. Our vision is simple: Cryptocurrency in Every Wallet™. Crypto.com is committed to accelerating the adoption of cryptocurrency through innovation.
Learn more at https://crypto.com.
About Beyon Money
Beyon Money, part of the Beyon Group, is a financial super app based in the Kingdom of Bahrain. With Beyon Money, you have access to a suite of financial services and offerings, from prepaid cards with worldwide acceptance and unparalleled benefits, to global remittance services at the most competitive rates and secure modes of delivery. With its Flexi Invest offering Beyon Money customers can earn profits on their cash balances with no limit restrictions.
Beyon Money is a one-stop destination for managing all your money seamlessly, securely and transparently.
