THE MIDDLE EAST’S

48. Fintech Galaxy

Description: Open banking platform
Headquarters: U.A.E.
Date of Establishment: 2017
Founder: Mirna Sleiman

Fintech Galaxy secures API infrastructure for integration between financial institutions and fintech companies. It provides access to customer data from partner banks through its APIs while allowing developers to build new apps and services. Its product, FINX Comply, helps banks and financial institutions comply with open banking regulations, while FINX Connect provides access to customers' account information. It has 350 clients and operates in the U.A.E., Bahrain, Egypt, Saudi Arabia, Lebanon, Jordan, and Moldova. The company has achieved 80% bank coverage in Bahrain and commercialized FINX Comply with Jordan Ahli Bank. It has raised a total funding of $8 million.