Doha Bank and Ooredoo Money, a digital wallet by Ooredoo Fintech, have signed a memorandum of understanding (MoU) to collaborate on initiatives for promoting the fintech sector in Qatar.
This partnership, announced at Web Summit Qatar 2025, focuses on leveraging technologies to enhance digital banking services as well as support financial inclusion.
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The MoU outlines a cooperative framework between the two organisations to develop and implement fintech solutions.
Doha Bank expects the alliance to pave the way for new opportunities in the fintech space, benefiting both consumers and businesses.
The partnership aims to provide “seamless and secure” financial services to customers.
Doha Bank group CEO Sheikh Abdulrahman bin Fahad bin Faisal Al Thani said: “Our partnership with Ooredoo Money marks a significant step towards fostering innovation in the financial services industry. By working together, we aim to create a robust fintech ecosystem that supports the digital transformation of banking services in Qatar.”
Ooredoo Financial Service chairman and CEO of Ooredoo Qatar Sheikh Ali Bin Jabor Al Thani said: “We are excited to partner with Doha Bank to drive the growth of the fintech sector in Qatar. This collaboration will enable us to combine our expertise and resources to deliver cutting-edge financial solutions that meet the evolving needs of our customers.
“By combining our technological expertise and commitment to innovation, we aim to enhance financial inclusion and provide Qatar’s businesses and consumers with advanced, secure, and convenient financial services. This collaboration reinforces Ooredoo Fintech’s mission to shape the future of digital banking in the region.”
Ooredoo Fintech is a wholly owned subsidiary of Ooredoo Group, a Qatar-based telecommunications provider.
In 2014, Doha Bank collaborated with Ooredoo to upgrade its network infrastructure, enhance customer experience, and reinforce security.
