Bahrain-based fintech firm Aion Digital has been named “one of the most exciting and innovative fintech startups across the globe” at the recently held FinTech Abu Dhabi, a leading event for the financial technology industry in Mena.

Aion’s team also participated in FinTech Abu Dhabi’s Innovation Challenge which brought together the most disruptive and emergent FinTech talent from across the world to take on real world challenges. In addition, the event showcased the very best global FinTech innovations across nine insightful categories judged by a panel of global FinTech luminaries.  

Aion Digital was nominated for their revolutionary product “Corporate Onboarding” continuing to pioneer Digital Banking in the region. Of the noteworthy benefits that generated interest from bank attendees, the most prominent was the scope of consumer reach, significantly wider than an RM and traditional branch.

In addition, using this product improved overall efficiency by 50% through front office time saving and accelerated processes. Lastly, per customer savings went from a manual and costly process of $200 to $15 per customer thanks to this technology.

Aion Digital strives for innovative and competitive business solutions for banks undergoing digital transformation. As regional first movers, they have also introduced a first of its kind initiative; ‘Borderless and Branchless Banking’. They also recently partnered with global institutions such as Daon, Risq, and Chinese market leader Sunline, to establish international relations aiding their regional vision.

 “We are honoured to have received this esteemed nomination at FinTech Abu Dhabi, organised by the Abu Dhabi Global Market and its esteemed global partners. This is a testament to our promise to become the next-gen FinTech platform and bring purpose back into banking,” said Ashar Nazim, CEO - Aion Digital.

Aion Digital is a fintech firm that solves business problems for banks through digital transformation. Built on disruptive technologies like open banking APIs, mobility, and AI, the platform allows banks to transform quickly and economically. – TradeArabia News Service