OPTASIA RANKS THIRD AMONG TOP FINTECH COMPANIES ACCORDING TO FORBES MIDDLE EAST MAGAZINE

DUBAI, United Arab Emirates, 2 May 2023 /PRNewswire/ — Optasia, the leading Fintech service provider received another top recognition, ranked third among the top 30 Fintech companies in Middle Eastby the world’s renowned Forbes Magazine in its Middle East issue.

This accolade came through the Forbes Middle East article “Top 30 Fintech Companies 2023”, which is featured in the publication’s April 2023 issue. Optasia’s optimal place in this highly prestigious list was ensured by its continuous upward trajectory and peak performance, which was evaluated and recognized accordingly by Forbes’ team of professionals.

Most importantly, this is the second year in a row that Optasia has received a prestigious recognition from Forbes Middle Eastas it was also discussed in “The Middle East Top 25 Fintech Companies” article, i August 2022.

“For Optasia to be ranked so highly by Forbes, after being evaluated by the best experts in the financial field, is a great accolade,” said Optasia’s founder, Bassim Haidarwhile the CEO Mark Muller added: “This is a true testament that our vision to provide financial access for the next billion customers is paying dividends.”

Forbes Middle East the list was compiled by the publication’s expert team after reviewing a number of business units that use technology for sectors such as payments, insurance, digital banking, wealth management and personal finance. The entire article can be found on the publication’s website at this link.

With the solutions and versatility provided by the company’s proprietary AI-led platform, Optasia supports underbanked populations by giving them previously unavailable access to financing. Optasia currently operates in over 30 countries, mainly in sub-Saharan Africa Middle East, Asiaand Latin America.

About Optasia

Optasia, formerly Channel VAS, is an advanced AI-led platform that provides instant access to financial solutions for millions of underbanked individuals and SMEs in over 30 countries, mainly in emerging markets. Optasia’s B2B2X (business-to-business-to-customers and SMEs) model creates value for its partners, such as mobile network operators, mobile money operators, banks and payment gateways, in the form of additional revenue, improved customer experience and improved retention without the need for additional operational or capital expenditure . The company’s AI-led data engine and proprietary algorithms analyze alternative data from mobile and other environments to provide relevant instant credit decisions to the partners. These capabilities enable microloans, airtime and data access via mobile wallets, SIM cards and other digital environments.

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SOURCE Optasia

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