DUBAI, United Arab Emirates, May 2, 2023 /PRNewswire/ -- Optasia, the leading fintech service provider, has received new recognition by being ranked third among the top 30 fintech companies in the Middle East, according to the acclaimed Forbes magazine in its edition for the Middle East.
This accolade came via the Forbes Middle East article "Top 30 Fintech Companies 2023," appearing in the publication's April 2023 issue. Optasia's prime spot on this prestigious list was secured by its continued upward trajectory and peak performance, which were accordingly evaluated and recognized by Forbes' team of professionals.
More importantly, this is the second year in a row that Optasia has received a prestigious recognition from Forbes Middle East, having also been featured in their article "The Middle East's Top 25 Fintech Companies" in August 2022.
"For Optasia to be ranked so highly by Forbes, after being reviewed by the best experts in the financial field, is very high praise," said Optasia founder Bassim Haidar, while CEO Mark Muller added: "This is a true testament that our vision to provide financial access to the next billion customers is paying off."
The Forbes Middle East list has been compiled by the publication's team of experts after analyzing numerous business entities that apply technology to sectors such as payments, insurance, digital banking, wealth management and personal finance. The full article can be found on the publication's website at this link.
With the solutions and versatility offered by its proprietary AI-based platform, Optasia helps unbanked populations by providing access to finance that was previously unavailable. Optasia currently operates in more than 30 countries, primarily in Sub-Saharan Africa, the Middle East, Asia and Latin America.
Optasia, formerly Channel VAS, is an advanced AI-based platform that enables instant access to financial solutions to millions of unbanked individuals and SMEs in more than 30 countries, primarily in emerging markets. Optasia's B2B2X (business-to-business-to-customers and SMEs) model creates value for its partners, such as mobile network operators, mobile money operators, banks and payment gateways, in the form of additional revenue, improved customer experience and improved retention without the need for additional capital or operating expenses. The company's proprietary algorithms and AI-powered data engine analyze alternative data from mobile and other environments to provide members with relevant credit decisions instantly. These capabilities enable microlending, airtime, and data advances through mobile wallets, SIM cards, and other digital environments.
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