Fintech Galaxy expands team, hires COO, CFO
Fintech Galaxy is increasing its executive, management and other talent teams as it moves to expand its cloud-based crowdsourcing platform and artificial intelligence (AI)-powered global FinTech marketplace across the Middle East and North Africa (MENA) region.
“Our vision is to bring financial inclusion to 2 billion people around us,” Mirna Sleiman, CEO and founder of Fintech Galaxy, said in a press release on Monday (September 26). “This cannot be possible without open banking and embedded finance.
“We are pleased to strengthen our team with a number of experienced professionals, who bring global expertise to our region and elevate our product offering to serve our next customers.”
See also: As MENA FIs adopt open banking, the EU’s mistakes are waking up
Dmitrii Barbasura, co-founder and former CEO of Salt Edge, will become Fintech Galaxy’s new COO, while former CFO of Salt Edge, Iaroslav Babenco, will become the new CFO. In addition, Cristian Gheorghita will be sales director.
Meanwhile, Pavel Kipkala, Ana Maria Bahnarel and Natalia Muhianov will lead the Open Banking and Finance Compliance and Data Aggregation team, supported by Diana Hriplivaia in Legal and Adriana Arnaut in PR and Content.
With open banking technology and embedded finance, Fintech Galaxy strives to bring financial inclusion to the MENA region via its fast, secure and developer-friendly proprietary platform FINXaccording to the release.
Read more: How local developers are driving game innovation across MENA
Founded in Dubai, United Arab Emirates, in 2018 by Sleiman, Fintech Galaxy is now evolving FINX from open innovation to delivering open banking and open financial infrastructure. FINX Connect provides account aggregation and payment initiation, while FINX Comply helps banks become compliant with local regulations, according to the release.
“It’s no secret that Open Finance has sparked a major transformation in the global banking industry,” said Sleiman. “Our proprietary innovation platform and API sandbox has 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 production capabilities as a Technical Service Provider (TSP) is just a natural evolution of our product strategy and regional presence.”
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