Whether to modernize aging core banking systems through incremental upgrades to monolithic platforms, or rebuild on composable, cloud-native, API-first Banking-as-a-Service (BaaS); is what GCC Composable Banking Platforms architectures are designed specifically for the digital economy.
Amr Kandel
GCC Product Director and Country Manager
This is Banking as a Service reshaping the Gulf Cooperation Council in 2026. The GCC digital banking market, valued at $12.7 billion in 2026.
Samer Khraishi
GCC Sales Director
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 […]
Mücahit Gündebahar
CEO of Fimple
Central Asia has a population of 82 million people, 85% of whom identify as Muslim. Yet as of early 2024, The CIS Islamic banking and finance industry held just $699 million in assets; representing a fraction of a percentage point of global Islamic finance.
Oğuzhan Yılmaz
CIS Sales Manager
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 […]
Oğuzhan Yılmaz
CIS Sales Manager
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.
Amr Kandel
GCC Product Director and Country Manager
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