National Finance paves the way for growth at second finance and insurance forum
Muscat: Demonstrating its dedication to being a trusted Partner for Growth, National Finance, the Sultanate of Oman's leading finance company, participated in the prestigious Second Finance and Insurance Forum – Partnership & Integration, hosted by the Oman Chamber of Commerce and Industry (OCCI), Al Batinah North Governorate branch. The event was held under the patronage of His Highness Sayyid Muhammed bin Salim Al Said, with the esteemed presence of His Excellency Shaikh Faisal Abdullah Al Rowas, Chairman of the OCCI Board of Directors, alongside other prominent dignitaries, C-suite executives, and industry experts.
Centered on the themes of Partnership and Integration, the forum provided a dynamic platform for in-depth discussions focused on the power of collaboration across sectors to drive business growth, foster innovation, and elevate the quality of products and services. The event underscored the critical role financial institutions play in supporting the sustainable development of startups, SMEs, and large corporations. Moreover, the discussions provided valuable perspectives on how the finance and insurance sectors can enhance their customer-centric offerings by adapting to evolving needs and expectations.
National Finance's participation in the event further solidified its commitment to understanding its clientele's evolving needs and adapting to market changes. This enables the company to offer finance solutions that are meticulously tailored to support businesses at every stage of their journey.
Speaking on the significance of the event, Mr. Tariq Al Farsi, Chief Executive Officer of National Finance, stated, "We are immensely proud to participate in the Second Finance and Insurance Forum, an invaluable initiative by OCCI that fosters dialogue and collaboration within the finance and insurance sectors. The insightful discussions, and sessions provide a wealth of knowledge on supporting startups, and leveraging digital advancements and FinTech to enhance product offerings and improve customer experiences. At National Finance, we strongly believe that building robust partnerships is key to driving innovation and ensuring sustainable growth, ultimately paving the way for a prosperous future for Oman."
National Finance's engaging kiosk at the forum highlighted its extensive range of finance solutions, carefully crafted to address the specific needs of businesses, regardless of their size. Attendees had the opportunity to meet with knowledgeable staff, who provided strategic consultations, answered queries, and offered expert insight into National Finance's comprehensive suite of SME and Corporate Finance offerings.
With a legacy spanning nearly four decades, National Finance has established itself as a trusted partner for entrepreneurs and corporates across Oman. Its participation in OCCI's Second Finance and Insurance Forum is a testament to the company's steadfast commitment to supporting the sustainable growth of businesses, further strengthening its position in the finance sector.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Zawya
an hour ago
- Zawya
Payrails raises $32mln Series A to help global enterprises maximize payment performance
Payrails has found strong demand for its product, with rapid recurring revenue growth and well-known industry leaders like Puma, Vinted, Flix, and InDrive already using and trusting it. New funding will accelerate product development, product innovation, and commercial expansion across EMEA amid strong customer demand. Dubai & Berlin: Payrails, a global payment software company, today announced it has raised $32 million in Series A funding to further its mission of enabling enterprises to take control of their payment operations. The fresh funding will accelerate product innovation, product roadmap expansion and support commercial growth across EMEA to meet surging enterprise demand. The round was led by HV Capital's Growth Fund, with strong participation from all existing investors EQT Ventures, General Catalyst, and Andreessen Horowitz, bringing total funding raised to over $52.8 million. Founded by former fintech leaders from Delivery Hero, Payrails' founding team brings deep experience building global, scalable financial infrastructure. With the continued backing of leading technology investors, Payrails is strengthening its position as a category-defining payment platform for large enterprises. Strong enterprise demand accelerates Payrails' growth across markets The funding, one of the largest Series A rounds for a fintech company in Europe this year, follows a period of exceptional growth. In 2024 alone, Payrails processed more than 1 million in daily operations, expanded into 30 new markets across Europe and MENA, and attracted enterprise customers across industries such as mobility, marketplaces and platforms, travel, e-commerce, financial services and subscription services. Payrails is trusted by leading global brands including Puma, Vinted, Flix, InDrive, Just Eat Takeaway, and Careem to boost performance, reduce operational complexity and costs, and enable faster innovation across their payment operations. Orkhan Abdullayev, Co-Founder and CEO of Payrails said: 'We're grateful for the trust our customers and investors have placed in us. Their continued support fuels our vision of empowering enterprises with an all-in-one platform to manage every aspect of payments, unlocking new levels of performance and innovation while driving down complexity and costs. 'With this funding, we're doubling down on product development to expand our multi-product platform across the entire payment lifecycle. Our payment operating system is setting a new industry standard for how enterprises manage and optimize payments, with more control, visibility and flexibility than ever before,'. Solving complexity in a growing market Enterprise payment operations are becoming increasingly complex and fragmented. Enterprises must manage local payment methods, coordinate multiple Payment Service Providers, sync with internal systems, and comply with evolving regulatory frameworks across multiple markets, while delivering a frictionless customer experience and maintaining cost efficiency. With the global payments market projected to exceed $1.7 trillion in transactions by 2025, payments are no longer a commodity. Scaling payment operations and efficiently managing money movements has become a critical growth lever for large enterprises. Yet rigid legacy systems or in-house built tools, that require deep domain expertise, significant investment and lengthy go-to-market timelines, limit agility and hinder innovation. Payrails addresses this with a payment operating system purpose-built for enterprises, allowing companies to orchestrate complex payment flows, optimize performance, and abstract the complexity of system integrations. Acting as a deeply integrated meta layer, Payrails spans the entire payment lifecycle with a modular architecture that includes payment orchestration, payouts, tokenization, unified analytics, automated reconciliation, and recently launched in-person payments, all powered by advanced data capabilities. With a growing catalogue of over 100 integrations, Payrails works seamlessly with payment service providers like Stripe, Adyen, fraud-prevention solutions like Forter, software solutions like SAP, Salesforce, Snowflake, and others. This gives enterprises full flexibility, visibility, and control of their payment operations and checkout experiences across geographies, channels, and verticals. Alexander Joel-Carbonell, partner at HV Capital said: 'Having worked closely with Orkhan and Emre for over eight years—starting from our shared time at Delivery Hero—I've consistently been impressed by their sharp strategic instincts and relentless execution. With Payrails, they've built a category-defining: an enterprise-grade, modular payment operating system that abstracts complexity, enhances performance, and enables rapid innovation. Their unwavering 24/7 customer focus and ability to deliver immediate impact is reflected in the caliber of their global enterprise clients and the speed at which they're scaling, all shown in their great SaaS KPIs and traction. When we benchmarked the landscape, Payrails clearly led the pack of solutions, solving real pain points with a powerful enterprise product. I am thrilled to continue to support Orkhan and Emre with HV Growth from the sidelines!' Kaushik Subramanian, partner at EQT Ventures said: 'Payrails is tackling one of the most complex challenges for global enterprises with its unified payment platform. The power lies in composability - by offering composable software blocks, from pay-ins to tokenization to reconciliation, Payrails gives companies the commercial flexibility and control that in-house or legacy systems can't. The team is world-class, with deep fintech and software experience, and their rapid traction with global brands speaks volumes. That is why we are doubling down on the team. We are excited about what is ahead.' David Haber, General Partner at a16z said:"As more companies go global from day one, the need for unified, scalable payments infrastructure has never been more urgent. Payrails is building the operating system for this world. We believe their modular approach, execution speed, and strong customer traction set them apart in a category overdue for transformation. We're excited to continue to support Payrails as they become foundational infrastructure for the next generation of global enterprises." Zeynep Yavuz, partner at General Catalyst said: 'As global commerce grows and payment flows become more complex, enterprises need a reliable platform built to operate across multiple processors. Our early conviction in Payrails was driven by an exceptional founding team with deep industry experience and a clear vision for simplifying payments while reducing costs. Today, some of the world's fastest-growing global enterprises trust Payrails to power their mission-critical payments—and are consistently delighted by the product's performance, flexibility, and reliability. We're proud to support them as they reshape the future of payments operations.' New funding will fuel product innovation and commercial expansion Earlier this year, Payrails entered a strategic partnership with Mastercard to accelerate digital transformation and unlock next-generation payment capabilities for large-scale enterprises. With the fresh capital, Payrails will expand its all-in-one platform with new products across the payment lifecycle, from acceptance to payouts. To support its continued growth, Payrails is actively growing its commercial and product teams across Berlin, London, Paris, Dublin, Cairo and Dubai, and has expanded its leadership team with senior hires: Edward Moore, Chief Revenue Officer (formerly Global Head of Sales at Stripe) Willian Carminato, Chief Technology Officer (formerly VP Engineering at Miro) Patrick Bellinghausen, VP Finance (formerly Senior Director at Delivery Hero) Press contact: Payrails@ About Payrails Payrails is a global payment software company helping leading enterprises to take control of their payment operations and maximize performance. Payrails' all-in-one platform spans the entire payment lifecycle with a modular architecture that includes payment orchestration, payouts, tokenization, unified analytics, automated reconciliation, and recently launched in-person payments, all powered by advanced data capabilities. Founded in Berlin in 2021, Payrails has raised over $52 million from the world's top investors including Andreessen Horowitz, HV Capital, EQT Ventures and General Catalyst.
Zawya
2 hours ago
- Zawya
Tunis hosts Arab Savings & Financial Literacy Conference 2025
Manama--- Bahrain: Under the theme of 'building resilience for the 21st century', the 'Arab Savings & Financial Literacy Conference 2025' will be held in Tunisia, bringing together several financial, fintech, educational, social protection, social NGOs, informal sector and youth and women institutions from across the Arab world to discuss household savings and financial literacy in the region. Held under the patronage of the Tunisian Central Bank, the event is organised by MenaMoney, the Bahrain-based financial conferences organiser, and the Financial Integration Observatory of the Tunisian Central Bank at the Sheraton Hotel during the period 2 – 3 July 2025. The conference will be inaugurated by His Excellency Mr. Fethi Zouhair Nouri, Governor of the Tunisian Central Bank. Executives from central banks, local banks, insurance companies and federations, investment management firms, fintech businesses, financial education centres, social inclusion advisers and HR leaders running employee savings and benefits speak at this annual gathering. Topics to be addressed this year include strategies and funding of financial literacy programs, financial literacy for building the savings and investment market, digital finance for economic development, role of artificial intelligence in financial literacy, impact of financial literacy on consumer protection, behavioural finance, role of financial institutions in sustainable finance, and role of microfinance in financial inclusion Discussions of this regional meeting focus on features of the national strategy for financial literacy and inclusion, successful national experiences of a number of countries and institutions to improve the level of financial, savings and investment literacy around the world and ways to adopt these locally in our Arab region. Ebrahim K Ebrahim, CEO of MenaMoney, said the event provides a unique opportunity for central bankers, regulators, industry leaders, academics and policy makers to discuss current financial education needs, financial literacy gaps and priorities. 'The cost-of-living difficulties faced in many parts of the world has emphasised the importance of financial literacy as the gap between the financially resilient and the financially fragile widens,' he pointed out, adding that it is now recognised that poor financial skills have left many households unprepared to face crises and their consequences. He elaborated that financial literacy is becoming increasingly important in light of public health, political and economic crises the world has seen in recent years, and the exponential growth of digital technologies providing access to financial services but also posing risks to consumers. For all these reasons, the family's financial literacy is a must, in order to take the best economic measures at the present and secure a better financial future in the long term. 'Improving households' financial well-being by increasing their financial literacy should be a national priority across the Arab world,' said Mr. Ebrahim. The first-of-its-kind conference aims to create a vital debate and an information-sharing platform on financial inclusion and household financial resilience. Registration for the conference is free at:
Zawya
4 hours ago
- Zawya
Oman: Shura Council committee holds discussion on Oman's business environment
Muscat: The Economic and Financial Committee of the Shura Council hosted HH Dr Adham Turki Al Said, Chairman of the Economic Committee at the Oman Chamber of Commerce and Industry (OCCI), and a number of specialists from the Chamber. The meeting was part of the Committee's ongoing study of a proposal concerning the competitiveness and attractiveness of Oman's business environment, aimed at supporting economic development efforts and enhancing the investment climate in alignment with Oman Vision 2040. The meeting took place during the Committee's 13th session of the second annual convening (2024–2025) of the Council's tenth term, chaired by Ahmed Said Al Sharqi, head of the Committee, with the attendance of other committee members. Discussions were held on the readiness of Oman's business and investment environment, and the key factors affecting its competitiveness and attractiveness. The Committee also reviewed OCCI's views on the Foreign Capital Investment Law (50/2019) post its -implementation, as well as the adequacy of current incentives and facilities provided to overcome obstacles facing investors. The meeting explored the role of the Chamber in assessing Oman's business climate, highlighting recent studies and their findings on the competitiveness and appeal of Oman as an investment destination. Key challenges were addressed, along with potential solutions and recommendations aimed at enhancing Oman's global business standing. The members stressed the importance of improving the innovation and entrepreneurship environment by supporting start-ups and facilitating their expansion into international markets. They also emphasized the need for effective international promotion of Oman's investment opportunities through organized marketing campaigns, and underlined the strategic importance of economic diversification, particularly by empowering sectors such as tourism and the digital economy.
