I want to use an analogy that might sound unusual for discussing banking technology, but it perfectly captures what’s happening in the Gulf financial services market. In traditional banking, you catch one fish at a time; one customer, one transaction, one product sale. Banking as a Service is the fishing net that lets you catch many fish at […]

There is a moment that captures everything you need to know about Banking as a Service in the CIS and Central Asia’s digital finance story. Kaspi.kz a company that started as a conventional Kazakhstani bank; now controls 65% of digital payments in Kazakhstan, 45% of the entire e-commerce market, and 32% of consumer lending. It […]

Behind this cashless revolution lies a fundamental infrastructure shift that's reshaping the region's financial landscape. The GCC digital banking market, valued at $12.7 billion in 2026 and projected to explode to $47.6 billion by 2032; growing at an exceptional 20.8% compound annual growth rate; represents more than market expansion.