BAHRAIN’S
Electronic Network
For Financial Transactions
KNOW MORE
Continuous ImprovementNumbers that define our commitment
9.6M
Transactions in Fawri
in 2021
140M
Transactions in Fawri+
in 2021
9.1M
Transactions in Fawateer
in 2021
209M
BenefitPay
Total Transactions
861K
BenefitPay
Number of Users
Abdulwahed AlJanahi, CE
The BENEFIT Company has remained a true champion for Bahrain’s credentials as the regional financial hub as well as a true advocate for its position as a business friendly destination.
Why BENEFIT?Get your personal reasons
Wide Range of Services
The BENEFIT Company was formed to enable the financial sector in Bahrain to forge strong and lasting connections with their customers from across a wide geographical base. Moreover, BENEFIT helps steer these connections towards enriching the value quotient in all of their interactions with member banks and other stakeholders.
Focused on Bahrainisation
At the heart of BENEFIT’s success story is the contribution of its highly qualified staff – majority of whom are Bahrainis. This highlights the triumph of the company’s Bahrainisation policies and the world class talent available amongst young Bahrainis.
Shareholders
BENEFIT is administered by a Board of Directors who represents the shareholders. The company’s paid-up capital is to the value of BD 3.1 million (US$ 8.2 million approx.). The original 17 shareholders have now become 13 as a result of mergers and acquisitions in the retail banking sector.
Commitment
BENEFIT remains committed to strengthen Bahrain’s position as the financial hub of the region and hence, continues to provide robust infrastructural support for the financial industry – enabling the banking community to seamlessly connect with their customers and help them achieve their goals.
Latest NewsWhat’s happening around
BENEFIT AND JOPACC SIGN MoU TO SUPPORT KEY FINANCIAL TECHNOLOGY AND INNOVATION INITIATIVES: Inline with BENEFIT’s key focus to foster collaboration, share expertise and collaborate with like-minded institutions to solidify MENA's presence and position when it comes to the FinTech industry.
BENEFIT, the Kingdom’s innovator and leading company in Fintech and electronic financial transactions service, signed a Memorandum of Understanding with the Jordanian Payment and Clearing Company (JoPACC). The key focus [...]
BENEFIT HOSTS DELEGATION FROM SINGAPORE’s Grow Digital Bank TO EXPLORE BUSINESS OPPORTUNITIES AND STRATEGIC ALLIANCES
BENEFIT, the Kingdom’s innovator and leading company in Fintech and electronic financial transactions service, hosted a delegation from Singapore’s Grow Digital Bank on Tuesday, January 10th, 2023 at the company’s [...]
BENEFIT HOSTS DELEGATION FROM SINGAPORE’s Grow Digital Bank TO EXPLORE BUSINESS OPPORTUNITIES AND STRATEGIC ALLIANCES
BENEFIT, the Kingdom’s innovator and leading company in Fintech and electronic financial transactions service, hosted a delegation from Singapore’s Grow Digital Bank on Tuesday, January 10th, 2023 at the company’s [...]
BENEFIT HOSTS AN ESG TRAINING SESSION FOR BOARD MEMBERS
BENEFIT, the Kingdom’s innovator and leading company in Fintech and electronic financial transactions service, has hosted an informative training session for their Board of Directors on Environmental, Social, and Corporate [...]
