التصنيف: الأخبار

News HH Sayyid Bilarab bin Haitham al Said, visits Thawani Technologies HH Sayyid Bilarab bin Haitham Al Said, Honorary President of the Programme of Omani Promising Startups (POPS), visited “Thawani Technologies”, the first licensed financial technology company in the Sultanate of Oman. The visit comes as part of a series of visits aimed at motivating promising startups, understanding their aspirations, and enhancing their role in the national economy. During the visit, HH Sayyid Bilarab toured the facilities of “Thawani”, which was established in 2016 and has successfully introduced innovative payment solutions that meet local market demands while supporting national digital transformation efforts under Oman Vision 2040. The company showcased its key achievements in deploying advanced technologies, including smartphone solutions, facial and palm biometric payment systems, artificial intelligence (AI), deep learning, and secure payment cards. It also highlighted its notable local and international accomplishments, such as winning the Innovation Unit Award for Entrepreneurship in 2020 and the Best FinTech Company in the Middle East Award in 2024. During the meeting with HH Sayyid Bilarab, the company’s specialists presented their regional expansion plans, which include entering regional and international markets to strengthen the presence of Omani startups abroad. HH Sayyid Bilarab lauded the company’s successes in leveraging modern technologies to enhance digital payment and collection systems, emphasizing the importance of startups continuing to develop their capabilities and keeping pace with global innovations. Accompanying HH Sayyid Bilarab during the visit were Eng. Said bin Hamoud Al Maawali, Minister of Transport, Communications, and Information Technology; Dr. Saif bin Abdullah Al Haddabi, Undersecretary of the Ministry of Higher Education, Research, and Innovation for Research and Innovation; Eng. Said bin Abdullah Al Mantheri, CEO of Oman Information and Communications Technology Group (ITHCA); and members of the Supervisory Committee of the Programme of Omani Promising Startups (POPS).

News For the Second Consecutive Year, Thawani Technologies is Listed in Forbes’ Top 50 Fintech Companies in the Middle East, Advancing Four Ranks This Year In a new achievement reflecting the continuous progress of the fintech sector in the Sultanate of Oman, Thawani Technologies has been listed for the second consecutive year in Forbes Middle East’s ranking of the Top 50 Fintech Companies in the Middle East for 2025. The company has made remarkable progress, advancing to rank 36, after being ranked 40 in 2024. The Forbes Middle East ranking is a key benchmark for evaluating the leading fintech companies in the region. It is based on multiple criteria, including funding value, digital transaction volume, app downloads, user activity, impact on consumers and businesses, geographic expansion, and growth rates. Eng. Majid Al Amri, CEO of Thawani Technologies, expressed his pride in this achievement, stating:“Our improved ranking in Forbes for the second consecutive year reflects our ongoing commitment to delivering innovative financial solutions that meet market needs and drive digital transformation in Oman. This achievement is not just for Thawani but for the entire fintech sector in the Sultanate. It is a testament to our ability to compete and excel at the regional level.” He added:“We remain committed to developing and delivering advanced digital financial solutions that enhance financial inclusion in Oman. This international recognition motivates us to continue innovating and expanding our services in alignment with Oman Vision 2040, which aims to build a diverse and advanced digital economy.” This accomplishment highlights Oman’s leading role in the fintech industry, as the country strives to foster innovation and develop digital infrastructure to support the national economy. Several initiatives have been launched to boost fintech, including: Developing a regulatory sandbox to support innovative financial products and services, Working on an open banking strategy and establishing a dedicated framework to enhance competition and innovation in financial services. These efforts aim to increase financial inclusion, improve service efficiency, and contribute to economic growth. This recognition is expected to attract more investments into the sector and strengthen Oman’s position as a regional fintech hub. Thawani Technologies continues its mission of providing cutting-edge digital financial solutions, leveraging advanced technologies to meet customer needs and promote financial inclusion in Oman. This achievement serves as additional motivation for the company to pursue innovation and expand its services in the future.

News Thawani Technologies continues to bring contactless pay to the forefront in Oman with Visa partnership Always at the forefront of providing innovative and customer-centric financial technology (Fintech) payment solutions, Thawani Technologies (Thawani Pay) has recently received license from Visa, a global leader in payments. The license allows Thawani to issue Visa Prepaid Card, which is going to offer a branded, convenient, and secure cardholder experience, including Thawani brand-associated exclusive benefits. By adding this value proposition to its existing portfolio of digital payment solutions, Thawani further revamps the payment ecosystem and facilitates financial inclusion. “We are proud to have successfully obtained this prestigious license from Visa, a renowned global leader in digital payments, enabling Thawani Pay to start issuing its own branded virtual and physical prepaid cards. This collaboration underscores our commitment to driving innovation and financial inclusion in Oman. We continue to disrupt the financial services landscape by providing customers with greater control and accessibility over their finances,” said Majid Al Amiri, Founder and Chief Executive Officer of Thawani Technologies in Oman. Manish Gautam, Visa’s Country Manager for Oman, said, “We are delighted to have Thawani Technology join our mission to empower more consumers with innovative, secure digital payment solutions. At Visa, we are committed to fostering an environment that promotes an inclusive digital economy in the Sultanate, and this partnership with Thawani Technologies is a significant move in that direction.” Founded in 2016, Thawani Technologies is an Omani company specialising in providing smart payment solutions while holding a global certificate in card security. Licensed by the Central Bank of Oman, the company has been providing innovative payment solutions in financial technology to expedite payments processes, improve user experiences, and make payments safer, faster, and easier. In addition to the basic payments system, Thawani Technologies provides innovative payment solutions to meet the needs and challenges institutions face. The company also provides services through its platform to pay bills, top-up credit, pay tuition fees, and social insurance. The company recently launched the updated version of its App, offering new products and significant improvements to its portfolio of services.

News Liva Insurance Partners with Thawani Pay to Provide Third Party Insurance to Thawani App Users  Liva Insurance, the leading insurance provider in the region, has partnered with Thawani Pay to provide elevated customer experiences. The partnership will involve launching third-party motor insurance product on the Thawani App, with plans to include comprehensive insurance offerings in the future. In an official ceremony held yesterday at the Liva Insurance Head Office, an agreement was signed by Hanaa Al Hinai, CEO of Liva Insurance, and Majid Al Amri, Founder & CEO of Thawani Pay, in the presence of key personnel from both parties. This collaboration underlies the shared commitment of both companies to harness technology to enhance the customer experience by setting new standards of accessibility and convenience in the insurance sector, paving the way for a more digitally enabled future. Speaking on the partnership, Hanaa Al Hinai, CEO of Liva Insurance said: “We aspire to become the most technologically adapt insurer, delivering unparalleled customer experiences and innovative products through cutting-edge digital solutions. Partnering with Thawani aligns perfectly with this goal, as they share our commitment to innovation and customer-centricity. We continuously strive to streamline and enhance the policy purchase process, offering customers a seamless and flexible experience.” Majid Al Amri, Founder & CEO of Thawani Pay, stated, “Thawani has been at the forefront of innovation in Oman, collaborating with industry leaders across sectors to enrich our platform and provide maximum value to our customers. With a significant market share in the insurance sector, Liva Insurance is poised to bring unparalleled benefits to our growing user base and enhance the digital adoption in the insurance sector. We are thrilled to announce this alliance with Liva Insurance, a leading insurer renowned for its multi-line insurance services, and we look forward to delivering exceptional value to our customers.” As per the agreement, Thawani customers can now easily obtain Third-Party motor insurance from Liva Insurance through Thawani Pay. The process is both fast and convenient, and can be completed in a few simple steps on the Thawani app. Both companies aim to provide digital solutions, facilitating the entire insurance transaction from the process to payment. Customers can conduct the transaction and pay via cards registered on the app or from their Thawani wallet, making the payment process smooth and hassle-free. With a focus on innovation and customer satisfaction, Liva Insurance offers a broad suite of digitally enabled, customizable solutions across all lines of insurance, underpinned by exceptional service. The company is dedicated to ensuring that customers are well prepared for the unexpected, offering tailored advice and protection across various insurance needs, because life’s better when you’re covered.

News Thawani ranks among 50 most powerful fintech firms in ME by Forbes 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.

News Oman Hockey and Thawani Unveil Groundbreaking Ticketing Platform for FIH Hockey 5s World Cup and Olympic Qualifiers Oman Hockey is delighted to announce a brand new ticketing platform for the FIH Hockey 5s World Cup and the field hockey Olympic Qualifiers, scheduled for this January in Muscat. The collaboration with Thawani, sees Oman’s first-ever ticketing-specific website and this pioneering initiative marks a significant milestone for Oman. Developed by the innovative team at Thawani, the new ticketing platform promises to revolutionise the way fans engage with and attend events in Oman offering a convenient and efficient way for spectators to purchase tickets. Thawani, known for its innovative solutions in the digital payment landscape, brings its expertise to create a secure, user-friendly and efficient ticketing system. This collaboration underscores the commitment of both Oman Hockey and Thawani to elevate the sporting experience for fans and promote the growth of field hockey in Oman. “The collaboration between Oman Hockey and Thawani represents a major leap forward for the sports and events community in Oman. We are delighted to introduce Oman’s first ticketing-specific website which will used for the first time for the FIH Hockey 5s World Cup and the Olympic Qualifiers,” said Dr Marwan Al Juma, Chairman of Oman Hockey Association “We are proud to partner with Oman Hockey to launch this groundbreaking ticketing platform for the FIH Hockey 5s World Cup and Olympic Qualifiers. Thawani is committed to leveraging technology to enhance fan engagement and create unforgettable experiences.” Majid Alamri -Thawani CEO The FIH Hockey 5s World Cup, a first-ever event of its kind, will showcase Oman’s men’s and women’s national hockey teams as they compete on the international stage. The tournament is set to captivate audiences with thrilling matches and fierce competition as hockey comes to Oman this January with the Olympic Qualifiers also taking place.

News Thawani Highlights FinTech Potential at COMEX 2022 Building on its efforts to accelerate Oman’s digital transformation, Thawani Technologies, Oman’s pioneering digital payments platform, is participating in the Communications and Information Technology Exhibition “COMEX 2022”, held at the Oman Convention and Exhibition Center from May 23 to 25. Throughout the exhibition, Thawani will present its innovative products and services that utilize the latest FinTech solutions while partaking in a workshop focusing on “The Role of Emerging Technology Companies in Developing the Banking Sector”, under the umbrella of the Central Bank of Oman’s (CBO) Banking and Financial Technology Department. “The rapid technological advancements have been developing the financial sector in an unprecedented manner, while also making people’s lives easier. That’s why, through our participation at COMEX this year, we aim to reach a wider segment of the public and familiarise them with FinTech solutions and highlight the role it plays in the development of the banking sector,” said Eng. Majid Al Amri, Founder and CEO of Thawani Technologies. “In addition, we will also showcase our diverse portfolio and latest products and services, as well as an application update to enhance customers’ experience ensuring maximum security, reliability and convenience offering users new billing services and electricity recharge options. Further, using NFC technology, we will showcase a “touch” feature developed by Thawani that would enable customers to pay in stores with any bank card. In order to continue providing convenient solutions for its customers, Thawani, in partnership with Bank Dhofar, recently launched the first-of-its-kind ‘Mojab Debit Card’. Connected to Thawani’s virtual wallet, Mojab, the prepaid card offers consumers a rapid, safe, and secure solution for local and international payments and transactions. Founded in 2016, Thawani Technologies is an Omani company that specializes in providing smart payment solutions, while holding a global certificate in card security. Licensed by the Central Bank of Oman, the company has been providing innovative payment solutions in financial technology, in order to expediate payments’ processes, improve user experiences, and make payments safer, faster, and easier. In addition to the basic payments’ system, Thawani Technologies provides smart payment solutions through payment solutions that are built to meet the needs and challenges faced by institutions. The company also provides services through its platform to pay bills, top up credit, pay tuition fees, and social insurance. The company recently launched the updated version of its App, offering new products and significant improvements to its portfolio of services. Learn more about Thawani at www.Thawani.om.

News THAWANI AND BANKDHOFAR JOIN HANDS TO BOOST DIGITAL PAYMENTS SECTOR Marking a significant milestone in the Sultanate’s digital payments sector, Thawani Technologies and BankDhofar have signed a strategic partnership agreement. Under the unique partnership, the bank will provide Thawani with a supporting platform to maintain, execute and provide digital payment services to the market. It’s the first such partnership in the country, following the Omani start-up’s recently-granted independent financial license from the Central Bank of Oman. Combining BankDhofar’s infrastructure and experience with Thawani’s innovative and flexible solutions, the relationship is geared for the increasing demand for electronic and contactless services, meeting the needs of Oman’s rapidly evolving payments sector. Majid Al Amri, CEO of Thawani, said, “We are excited to be embarking on this venture with BankDhofar, as one of the fastest growing financial services institutions in the Sultanate and a huge proponent for digital payments. Such relationships show that the private sector and the SME market are gaining confidence in young, Omani entrepreneurs and recognising their role in Oman’s digital transformation. At Thawani, our aim is to provide innovative products that are the best and fastest in the market, while meeting the needs of Oman’s increasingly digitally savvy population. With BankDhofar’s support, we are ready and equipped to reach the next level of smart payments.” “We are delighted to be starting a long-term partnership with Thawani. By bringing together the outstanding capabilities of both companies, we expect to delight the market by launching a range of exciting, innovative and accessible electronic payment services”, said Dr. Tariq Taha, Chief Retail Banking Officer at BankDhofar. “Both parties are committed to working closely together and look forward to meeting and indeed exceeding our customers’ requirements.” “This initiative is yet another step in the bank’s transformation of digital payments in the Sultanate”, he added. CBO, as the custodian of Oman’s payment systems infrastructure, has adopted a strategically systematic approach to taking the country’s financial technology capabilities to the next level. In 2017 a mobile payment clearing system was launched enabling beneficiary companies to make payments and transfer funds simultaneously through a mobile phone number. The following year the National Payment Systems Law was issued, further strengthening the legal framework for payment systems. Being the first PSP in Oman, Thawani has allowed for safer and quicker cashless mobile payment solutions to merchants, individual merchants and users alike. Established in 2016, its system has been fully built in-country and developed in accordance with the highest international standards of online security. A local start-up with over 88% Omani employees today, in just a few short years it has become the leading platform for e-transactions and payments set-up. Thawani is currently accepted at more than 1000 touch points around Oman. Bringing the next generation of e-payment solutions to the local market, its clients include the likes of Oman Oil Marketing Company, and Haya Water Company, to name a few. The company also offers smart services retail and bill payments, payment of tuition fees, and social insurance. Following the recent achievements on its journey, Thawani is calling its stakeholders to stay tuned for new innovative products and features that will be released soon. This initiative is part of the ongoing transformation plan of BankDhofar, which is putting digital technology and innovation at the centre of its strategy. BankDhofar is one of the best banks in the region, catering to customers’ needs and requirements, and setting the standard for best customer experience within the banking industry in the Sultanate through innovative products and creative solutions. Following best international banking practices, provision of outstanding customer experience, in addition to its commitment to community development and contribution to the growth of the national economy, has placed BankDhofar at the top of the list of best banks in the region. For more information on Thawani’s products and services, visit www.thawani.om