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Thawani Technologies, an Omani company specializing in providing innovative payment solutions, has been included in the Forbes Middle East Fintech 50 list.  

The list features the top players that are revolutionizing the financial technology landscape, spanning digital payment companies, open banking platforms, and apps for investments, savings and lending. 

Egypt is the most represented country with 13 companies, followed by the UAE and Saudi Arabia with 11 each.

The only Omani company on the 2024 list, Thawani secured the 40th position. 

Majid al Amri, founder and CEO of Thawani Technologies, stated that the company’s inclusion in the top 50 fintech list confirms its continuous efforts and dedication to developing financial technology services in Oman and the Middle East. 

“It serves as a culmination of a successful journey as the first financial technology company in Oman to provide smart, innovative, easy and fast payment services in various financial sectors, serving both businesses and individuals, to ensure access to the largest number of beneficiaries of modern financial technologies,” he said. 

Amri explained that the listing confirms the prominent role played by the company in driving digital transformation in financial services in the region, through its smart applications that facilitate financial transactions and provide secure and fast solutions for all users and merchants. 

Thawani Technologies has become the leading electronic platform for completing financial transactions in Oman, in addition to obtaining the first license from Central Bank of Oman for payment services. It has contributed to shaping regulatory legislations for the financial technology sector in the sultanate, supporting and enabling startups and medium-sized companies to enter the financial technology sector.