Bede on Android has been launched by Zain FinTech
With plans to extend its offerings to encompass payments, remittances, and credit cards in addition to consumer microfinance, Bede is poised to become a comprehensive financial solution for users across Zain's footprint.
Zain FinTech, the financial services arm of Zain Group, has unveiled Bede, a cutting-edge Shariah-compliant FinTech mobile app poised to revolutionize consumer microfinance in the Middle East and Africa region.
Bede offers a seamless and user-friendly experience, allowing applicants to access microfinance services swiftly with just a few taps on their smartphones. The app promises instant approvals based on the applicant’s credit profile, eliminating hassles and streamlining the process of securing much-needed funds.
Initially launched in Bahrain, Bede represents a significant stride in Zain Group’s ambitious ‘4Sight’ strategy aimed at expanding fintech services across the region. With plans to extend its offerings to encompass payments, remittances, and credit cards in addition to consumer microfinance, Bede is poised to become a comprehensive financial solution for users across Zain’s footprint.
Bader Al-Kharafi, Zain Vice-Chairman and Group CEO, emphasized the strategic significance of Bede’s launch, stating, “The expansion of innovative FinTech services drives financial inclusion and advances the region’s digital ecosystem, supporting the socio-economic visions of the countries we serve.”
As part of Zain Group’s broader FinTech strategy, Bede aims to promote financial inclusion and enhance the digital ecosystem in markets such as Iraq, Jordan, Saudi Arabia, Kuwait, and Sudan.
The app is designed with inclusivity in mind, ensuring accessibility and benefits for all users, whether they seek emergency funding or aim to manage their day-to-day expenses more efficiently.
With its commitment to innovation and financial empowerment, Bede is poised to make a lasting impact in Bahrain and beyond, providing a convenient and inclusive platform for individuals to access essential financial services.
