Bidaya Finance goes digital

By News Desk
May 18, 2024
A Bidaya Finance office seen in this undated photo.— FacebookBidayaFinance/File

LAHORE: Bidaya Finance has chosen Temenos and Systems Limited to lead its digital financing transformation in Saudi Arabia, a statement said on Friday.


The move is part of Bidaya Finance's mission to provide innovative and reliable financial solutions to its clients, and its vision to enable a brighter future for individuals and businesses.Temenos will provide its Core and Digital Banking (Infinity) platform to streamline Bidaya Finance's backend operations and drive digital transformation for a seamless customer experience. Systems Limited will lead the implementation of the platform, leveraging modern and scalable platforms such as Red Hat OpenShift.

The collaboration aims to revolutionize the financial landscape, empowering Bidaya Finance to offer personalized and efficient financial services while driving growth and innovation in the industry.

Today, we mark a significant milestone in our digital transformation journey and fulfilling our mission for providing innovative and reliable financing solutions, aiming to elevate the customer experience standards and establish ourselves as one of the leaders in the digital financing realm," said Mahmod bin Salim Dahduli, CEO, Bidaya Finance

Lee Allcorn, managing director, Middle East and Africa at Temenos the latest collaboration further seals Temenos’ market-leading position as the choice of banking platform for the financial institutions in KSA.