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 أخبار الخليج
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أخبار الخليج

2026-09-26T23:00:00.000Z

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Tarabot Bahrain boosts Gulf fintech

Tarabot Bahrain boosts Gulf fintech

Trabrab Bahrain began as a startup in the fintech sector in Bahrain and evolved into an organized financial infrastructure platform serving financial institutions in Bahrain, Saudi Arabia, and the UAE. Led by prominent Bahraini talents, such as founder and CEO Abdullah Al-Momen, and Tareq Sand, who returned to Bahrain after extensive international experience, the company achieved rapid growth and regional expansion. Since its establishment in 2018, it has obtained significant licenses and launched an infrastructure connecting more than 11 banks, expanding its operations to include the UAE and Saudi Arabia, with licenses from the Dubai Financial Authority and the Saudi Central Bank. Over its journey, the company has processed more than 5 billion API requests and raised over $100 million in funding, including strategic investments of $50 million in September 2026. It also acquired a Bahraini AI company, Servable, to enhance its integrated financial solutions with AI technologies. Its success is attributed to a supportive regulatory environment and strong local and regional partnerships, transforming it into a key player in the development of the fintech sector in the region.

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