A Strategic Partnership

by BTM

Tue, 05 April 2022

Bahrain Business news April 2022

A UK-based socially conscious mobile payments Fintech startup, KogoPAY, announces its strategic partnership with The Private Office of H.E. Sheikh Abdulaziz bin Duaij bin Khalifa al Khalifa, the GCC region’s growth enablers for independent business development, consultancy, and advisory.

Having recently participated in the 2nd Edition of the Royal Investment Summit in January 2022, hosted by Shaikh Abdulaziz bin Duaij Al Khalifa Private Office, KogoPAY has already started to establish and leverage relationships with both local and international like-minded individuals with similar values including social impact, technology, financial inclusion, as well as startup empowerment.

KogoPAY offers virtual IBAN accounts in GBP and EUR, as well as a mobile wallet in several currencies. Their mission is to make it simple for anyone to transfer money globally. The technology allows anyone to send money instantly to friends and family, conduct simple commercial transactions, and support charities in receiving donations with minimal costs. KogoPAY’s future plans include embedding crypto-to-fiat and fiat-to-crypto payments to the wallet, as well as CBDCs. Additionally, the firm aims to boost the ‘Pay it Forward’ concept.