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Doha: Qatar Insurance Group (QIC), the leading insurer in Qatar and the MENA region, in partnership with Deloitte, Google Cloud, QIC Digital Venture P.
(MENAFN - Gulf Times) Innovative and cutting-edge fintech ideas by startups and entrepreneurs in Qatar are playing a key role in cementing Qatar s position as a leading fintech hub in the region and globally.
According to QFC managing director, Financial Sector Office, Henk Hoogendoorn, several new startups are providing innovating solutions to customers, citing Cwallet Qatar s newest fintech solutions provider and the country s ‘first and only mobile application to facilitate banking via blockchain technology.
Hoogendoorn said Cwallet enables access to financial services, such as payroll, payments, and remittances, targeting the low-income, high-volume market comprising of Qatar s expat community, including migrant and domestic workers, and micro-entrepreneurs, and small and medium-sized businesses.