CoinMENA, the Dubai-based digital asset platform licensed by the Virtual Assets Regulatory Authority (VARA), has announced a strategic partnership with botim, Astra Tech’s flagship fintech platform. The agreement aims to simplify the process of funding digital asset accounts for millions of users across the MENA region.
Bridging Traditional Finance and Digital Assets
Through this collaboration, botim will facilitate transactions for CoinMENA by introducing botim pay as a trusted and compliant funding method. This integration provides users with a seamless and secure way to deposit funds directly into their CoinMENA accounts, removing friction and improving accessibility to the digital economy while ensuring all activity remains on a regulated platform.
In a joint statement, CoinMENA Co-Founders Talal Tabbaa and Dina Sam’an commented on the partnership, “We are proud to announce this strategic partnership with botim. By actively bridging the gap between traditional finance and the digital economy, we are not just adding a new funding method; we are making digital assets accessible to everyone in the region. This is the first step towards more expansive collaboration.”
A Shared Vision for Regional Adoption
The partnership is expected to accelerate the adoption of digital assets across the MENA region by leveraging botim’s extensive user base of over 150 million. It underscores a shared commitment by both companies to pioneer convenient and trusted financial solutions and set a new standard for how digital assets can be integrated at scale.
Ahmed Mourad, Chief Operating Officer at botim, said, “At botim, our priority is to simplify access to the most trusted financial solutions for our millions of users. Partnering with CoinMENA allows us to extend that trust into the digital asset space, ensuring our users can engage with the digital economy in a safe, seamless, and regulated way. This collaboration is about more than adding functionality, it’s about setting the standard for how digital assets can be adopted at scale in the region.”
About CoinMENA FZE
CoinMENA FZE is licensed as a broker-dealer virtual asset service provider (VASP) by Dubai’s Virtual Assets Regulatory Authority (VARA). CoinMENA aims to empower both new and seasoned investors in the MENA region who seek access to crypto asset investment options, enabling them to participate in the emerging digital economy. At CoinMENA, investors can buy, sell, send, receive, and store digital assets securely, as well as deposit and withdraw in their local currency.
About botim
botim, part of Astra Tech’s ecosystem, is the MENA region’s leading fintech company headquartered in Abu Dhabi. botim is a fintech-first, AI-native platform offering inclusive, user-centric solutions for financial services. Built on the foundation of being the UAE’s first free VoIP provider, Botim has evolved into a multi-layered ecosystem serving over 150 million users across 155 countries.
Source: Zawya
