Kiya.ai, a fintech company known for its AI-based omnichannel banking, core-banking tech, regtech, and metaverse solutions announced the expansion of its operations in the Middle East and Africa region through a strategic partnership with Arab Financial Services (AFS), MEA region’s principal digital payment solutions provider and fintech enabler. 

The company offers solutions in the area of core banking, digital banking, internet banking, electronic customer onboarding (eCO), and trade finance solutions  

The partnership will enable AFS to enhance its diverse product and solutions portfolio with the new-age banking technologies of Kiya.ai, the company added in a statement.  

"With this partnership, both entities aim to offer comprehensive banking suite solutions and on-board financial institutions from the 20 countries of the MEA region," it added.

Amit Sharma, president of products, Kiya.ai said, "Our cutting-edge solutions and deep knowledge of global market practices and regulations coupled with expertise in modern architectures have enabled us to be the trusted partner for the region’s prominent fintech enabler.” 

Samer Soliman, chief executive officer of Arab Financial Services, said, “Our partnership with Kiya.ai adds value to AFS’s diverse digital payments production and solution portfolio.” 

AFS is the Middle East and Africa region’s leading digital payment solutions provider and fintech enabler. Regulated by The Central Bank of Bahrain, and majority-owned by Bank ABC.  

Founded in 1995, Mumbai-based fintech serves over 550 enterprises in 56 countries, across South-East Asia, Africa, the Middle East, Europe, and North America. The company launched India's first banking Metaverse called Kiyaverse. The newly launched product enables the banks and non-banking finance companies (NBFCs) to have virtual interactions.