Fable Fintech forays into Bahrain with Batelco Financial Services

Fable Fintech on July 5 introduced its foray into Bahrain. Fable partnered with Batelco – Bahrain’s premier telecommunications firm, to energy customized, clear and real-time remittances on its digital monetary SuperApp – BeyonMoney. As per the partnership, Fable embedded its Development Suite immediately into BeyonMoney to make the worldwide remittances – instantaneous, simple and handy for Batelco’s prospects.

“We inked the settlement final yr and continued to concentrate on delivering a aggressive and extremely personalized system – duly built-in with Batelco’s distinctive proposition of a private dashboard providing a charge comparability of forex change charges – up to date in real-time. Our strong system not solely synchronized with the state-of-the-art modules on the consumer’s finish seamlessly but additionally facilitated a quicker design to supply expertise for the app. This prestigious partnership in one of the crucial aggressive markets globally has boosted our focus and management,” stated Naushad Contractor, CEO, Fable Fintech.

Fable’s profitable implementation and operation of Batelco’s remittance tremendous app is a testomony to its credibility, functionality, and confidence – constructed on a celebrated plug and play, white label platform. Since its inception in 2015, Fable has already executed initiatives for 40+ banks and cash switch operators throughout 12 international locations; and efficiently processed transactions price $11 billion within the course of.

Fable additionally just lately introduced its strategic partnership with XeOPAR, a one-touch cross-border funds and remittances startup for all. Fable Development Suite (Retail) platform chosen by XeOPAR serves each inward and outward remittances. As well as, it helps funds suppliers develop income from current and new prospects, and enhance profitability.