Bahrain – Crypto.com, a global cryptocurrency platform serving over 100 million users, has announced a strategic partnership with Beyon Money, Bahrain’s leading digital financial services provider, aimed at enhancing digital payment solutions and exploring advanced applications in artificial intelligence (AI) and open banking. This collaboration, marked by a recently signed Memorandum of Understanding (MoU), seeks to combine Crypto.com’s retail-focused cryptocurrency services with Beyon Money’s robust platform to drive digital transformation in the financial sector across Bahrain.
Under the new agreement, the partnership will leverage Beyon Money’s role as a financial super-app and Crypto.com’s expertise in secure, compliant digital currency services to elevate customer experiences through integrated, innovative transaction solutions. The companies will jointly work on expanding digital payment capabilities while also exploring co-marketing strategies, streamlining cryptocurrency purchases on the Crypto.com app, and promoting each brand’s suite of payment cards in Bahrain.
“As we expand our presence in Bahrain, we are eager to partner with Beyon Money, who is a pioneering force in digital payments in the Kingdom,” said Eric Anziani, President and COO of Crypto.com. “Through this partnership, we look forward to enhancing the product range and services we offer to Bahrain customers by combining our global reach with Beyon Money’s local expertise and strong user base.”
Roberto Mancone, CEO of Beyon Money, shared his enthusiasm for the collaboration, stating, “Partnering with Crypto.com aligns perfectly with our commitment to forging alliances with global leaders. With Crypto.com recently obtaining its Payment Service Provider License from the Central Bank of Bahrain, our combined efforts will focus on platform integration, co-marketing of our respective card products, and developing innovative projects that deliver practical value to our users through digital payments and AI advancements.”
The Central Bank of Bahrain’s recent issuance of a Payment Service Provider License to Crypto.com underscores the Kingdom’s growing appeal as a center for digital finance. This license will facilitate the company’s initiatives to enhance digital financial solutions in Bahrain, as well as further support Crypto.com’s vision of making “Cryptocurrency in Every Wallet™” a reality.
Through this collaboration, both Crypto.com and Beyon Money reinforce their commitment to driving the evolution of financial technology in Bahrain, setting new standards for secure, seamless, and innovative digital financial services.
About Crypto.com
Founded in 2016, Crypto.com leads the industry with regulatory compliance and security measures, and it is committed to expanding cryptocurrency access worldwide. Learn more at crypto.com.
About Beyon Money
Beyon Money, a part of the Beyon Group, is Bahrain’s comprehensive financial super-app, offering prepaid cards, remittance services, and investment features, providing users a seamless and secure way to manage their finances. Learn more at beyonmoney.com.
