04-03-2025
Ebdaa Takes Centre Stage with Latest Microfinance Innovations at Fintech Revolution Summit
Ebdaa Microfinance participated in the 8th annual Fintech Revolution Summit 2025, held at the Bahrain Convention Centre, Crowne Plaza Hotel. Organized by TraiCon Events, the summit, themed ' Pioneering Financial Innovation: Shaping the Future of Digital Finance in the Gulf,' provided a strategic platform for Ebdaa to present its latest digital solutions and developments in microfinance. Dr. Khalid Al-Ghazzawi, CEO of Ebdaa Microfinance, emphasized the significance of the company's participation in the summit, stating, 'Our presence reflects Ebdaa's commitment to driving financial innovation and supporting digital transformation in the financial sector.' Dr. Al-Ghazzawi stressed that digital transformation is a key part of Ebdaa's vision, aiming to make financing smoother and more accessible through modern technology, and highlighted the company's efforts to develop digital financial solutions that open fair and transparent financing opportunities, particularly for micro-entrepreneurs, helping them achieve their long-term goals. Commenting on the newly digital system, which is currently undergoing internal testing, Dr. Al-Ghazzawi explained that this initiative marks a major step toward building a fully integrated digital financing model, and highlighted how the system incorporates advanced financial analysis tools to improve lending efficiency while ensuring a smooth and secure user experience. Dr. Al-Ghazzawi said, 'These innovations play a crucial role in reinforcing Bahrain's status as a regional leader in digital finance, aligning with Vision 2030 and its emphasis on innovation and digital transformation across multiple sectors. This new system will also support Ebdaa's regional expansion, further strengthening its presence in the market.' Ebdaa took part in this distinguished summit, joining an elite gathering of financial and banking sector leaders, including governors of central banks, fintech specialists, and founders of pioneering technology firms. Together, they explored the trajectory of digital finance in the Gulf region, deliberating strategies to advance its development in alignment with global digital shifts. The discussions underscored the growing demand for innovative financial solutions tailored to the ambitions of individuals and emerging enterprises. Representing Ebdaa on behalf of the CEO, CFO Mrs. Mishaal Saleh attended the summit, and introduced the company's latest innovation—a cutting-edge digital system developed in partnership with Canadian firm MFSYS. Initially launched for internal use, this system marks a significant milestone, with its customer-facing version set to undergo testing in the Central Bank of Bahrain's Sandbox environment.
Engineered to provide seamless and secure financing experience, the system integrates advanced data protection technologies and sophisticated financial analysis tools. By enhancing access to funding for micro-enterprises and improving their operational efficiency, it reinforces Ebdaa's commitment to financial innovation and excellence.
