Mubasher: BKN301 Group, a London-based leading digital payments and banking-as-a-service (BaaS) provider in the MENA region, launched a new payment solution, 301 Retail Account.
The solution is a payment account that will back the MENA region’s rapidly evolving financial landscape and will meet the needs of traditional banks, fintech companies, and neobanks.
The new launch aligns with group’s recently announced strategic vision aimed at delivering cutting-edge fintech solutions that positively impact the region’s financial market, according to a press release.
The 301 Retail Account aims to allow fintech companies, banks, and neobanks to improve their service offerings, further promoting financial inclusion and economic progress in the region.
Stiven Muccioli, Founder and CEO of BKN301, said: “We are excited to introduce our latest advancement, the 301 Retail Account, to the global and Middle Eastern markets. It is designed specifically for the B2B2C sector, offering our partners the requisite tools to succeed in today’s competitive financial landscape.”
The 301 Retail Account can be easily integrated into the current product environment with its flexible integration options, such as white-label solutions for desktop, mobile, and API. These feature enable partners to maintain their branding while harnessing the power of BKN301’s advanced technology.
Mahesh Paolini-Subramanya, CTO of BKN301, highlighted: “The white-label payment solution offered by the 301 Retail Account serves as a key component of our BKN301 BaaS Orchestrator. It complements our comprehensive Banking-as-a-Service platform, further streamlining the process of managing accounts for our clients through our user-friendly APIs and customisable account options.”
