- Appointments strengthening the mission to become the leading Open Finance compliance and integration platform with a strong focus on the UAE, Saudi and Bahrain open banking markets
Dubai, UAE – Fintech Galaxy, the industry-leading financial innovation company, has announced the addition of a team of global Open Banking/Finance experts as it looks to increase its product offering and presence in the MENA region.
Appointments include Salt Edge’s former CEO and co-founder Dmitrii Barbasura as Chief Operating Officer; together with CFO Iaroslav Babenco, Sales Director Cristian Gheorghita, and a technical team with experience in Open Banking/Finance compliance and data aggregation formed by Pavel Kipkala, Ana Maria Bahnarel and Natalia Muhianov. The team is also supported by Diana Hriplivaia and Adriana Arnaut for legal and PR and content respectively. The team has accumulated over 25 years of experience across the banking and finance sectors.
The Open Finance experts have joined Fintech Galaxy to support their mission to move the needle on financial inclusion and bring open banking and finance to the MENA region via its fast, secure and developer-friendly proprietary platform www.thefinx.io. Open Finance is the next step in Open Banking’s development. It extends the range of Open Banking benefits to a wider range of financial products and provides greater visibility and control over the financial condition.
Mirna Sleiman, CEO and founder of Fintech Galaxy, commented: “Our vision is to bring financial inclusion to the 2 billion people around us. This cannot be possible without Open Banking and Embedded Finance. We are happy to strengthen our team with a number of seasoned professionals, bringing global expertise to our region and elevating our product offering to serve our next customers.”
These appointments come as Fintech Galaxy, which was founded in the UAE in 2018, evolves its platform FINX from open innovation to deliver Open Banking and Open Finance infrastructure. FINX Connect provides account aggregation and payment initiation capabilities and a unique API sandbox, and FINX Comply helps banks and financial institutions become compliant with local Open Banking/Finance regulations with minimal effort on their part.
Sleiman added: “It’s no secret that Open Finance has sparked a major transformation in the global banking industry. Our proprietary innovation platform and API sandbox have powered more than 30 use cases with leading institutions over the past two years, resulting in FinTechs successfully designing apps and delivering proof of concepts (PoCs). Offering Open Finance infrastructure and manufacturing capabilities as a Technical Service Provider (TSP) is just a natural evolution of our product strategy and regional presence.”
Fintech Galaxy is currently discussing innovative account information and payment initiation services with a number of financial institutions across MENA to serve both retail and corporate customers.
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About Fintech Galaxy
Fintech Galaxy was founded in the United Arab Emirates as a global platform that fuels innovation in financial services, drives ecosystem collaboration and facilitates Open Banking API integration between financial institutions and third-party providers. Fintech Galaxy’s platform – FINX – redesigns finance by offering an Open Finance infrastructure that ensures secure and stable API integrations between all industry players and gives more control over data and payments to consumers.
More information: https://www.fintech-galaxy.com/
https://www.thefinx.io/