Benefit company logo - Fintech company based in Bahrain
commercial

Benefit

Manama, Bahrain
Founded 1997
200+ employees

About

Benefit operates Bahrain’s national payment infrastructure, including the real-time payment system “Fawri” and the national card scheme “BenefitPay”. Leveraging AI and machine learning, Benefit focuses on enhancing payment security through advanced fraud detection systems and optimizing transaction processing speeds within these networks. As a key player in Bahrain’s financial ecosystem, Benefit processes a significant volume of domestic transactions and has been instrumental in driving the country’s transition towards a cashless society.

Technology Focus

fintech ai fraud detection

Quick Stats

Founded 1997
Status private
Type commercial